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Explained: A look at LIC’s mega IPO, and its customers
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Should You Incorporate at Year End or Wait Until Next Year?
WebMay 6, 2024 · LIC is nearly as old as independent India. Formed by nationalising and merging 245 private insurance companies, it started issuing policies in 1956, holding a monopoly on India's insurance sector... Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹41 trillion (US$510 billion) as of May 2024. It is under the ownership of Government of India and administrative control of the Ministry of Finance. WebJul 21, 2024 · Get in touch with us now. , Jul 21, 2024. The Life Insurance Corporation (LIC) of India held approximately 64 percent of the market share of the sector’s total insurance premiums in financial ... how to stop a rocking toilet