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June 30, 2022
Insurance behemoth Life Insurance Corporation on Wednesday said the exercise of determining its embedded value as of March 2022 is on' and is likely to be completed by July 15.
May 18, 2022
Life Insurance Corporation (LIC), the countrys largest insurer, on Tuesday made a lacklustre debut on the stock exchanges. The listing price was below the price at which shares were allotted to LICs policyholders, employees and retail investors. Its share listed at over 8 per cent discount on the NSE and BSE against the issue price of Rs 949. LIC share was listed at Rs 867.20 on the NSE, showing a discount of Rs 77 apiece. On the BSE, the scrip was listed at Rs 872, a discount of Rs 81. 80
February 3, 2022
State-run Life Insurance Corporation of India's (LIC) embedded value has been finalised at more than 5 trillion rupees ($66.82 billion), a government official who is overseeing what is expected to be the country's largest IPO said on Thursday.