FinMin appoints Milliman Advisors for valuing LIC pre-IPO SECTIONS Share Synopsis The firm was chosen from three in the race including EY Actuarial Services and Willis Towers Watson Actuarial Advisory. Getty Images The government had invited interest for the appointment of an actuarial firm to determine the embedded value of LIC of India, taking the next step towards the public listing of the country’s largest public insurer. Related NSE Explore Now Milliman Advisors LLP India has been selected as the reporting actuary for the embedded value of Life Insurance Corporation of India. The firm was chosen from three in the race including EY Actuarial Services and Willis Towers Watson Actuarial Advisory.