Determination of embedded value 'work in progress': LIC MD
The Embedded Value (EV) is a measure of the consolidated value of shareholders' interest in the life insurance business.
Source: businesstoday.in
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LIC's Embedded Value Determination Process Going On, Says Managing Director
LIC has said the exercise of determining its embedded value as on March 2022 is a "work in progress" and is to be completed by the end of next month
Source: ndtv.com
LIC Debuts on Dalal Street: Macquarie sets target price at Rs 1,000
Macquarie added that inherent volatility in Embedded Value is another big challenge given a substantial portion of EV constitutes marked-to-market unrealised equity gains.
Source: businesstoday.in
LIC IPO fully subscribed on Day 2; Policyholders 3 times, employees 2.14 times, retail 0.91 times
It is the biggest-ever IPO with Paytm second in the league.
Source: businesstoday.in
LIC IPO subscribed 98% on Day 2: Policyholders 2.93 times, employees 2.08 times, retail 0.88 times
According to statistics, the largest insurance company has currently around 29 crore policyholders, 2 lakh plus employees and 13 lakh agents covering 91 per cent of districts of the country.
Source: businesstoday.in