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LIC IPO size to be larger than any precedent: DIPAM - The Hindu BusinessLine

Run-up to LIC IPO: Government pushes for legislative changes to LIC Act by month-end


Run-up to LIC IPO: Government pushes for legislative changes to LIC Act by month-end
March 04, 2021
IPO expected by FY22 Q3
The government is preparing the ground for the initial public offering of LIC by the third quarter of FY21-22. It is pushing for legislative approvals in the second leg of the Budget session starting March 8.
“The task is not easy. Lot of work has to be done to meet the target of third quarter of FY21-22,” a senior official from DIPAM (Department of Investment and Public Asset Management) told
BusinessLine. Though the government has not spelt out the quantum of disinvestment, indications are that it could be less than 10 per cent. ....

Department Of Investment , Milliman Advisors , Public Asset Management , Finance Bill , Reporting Actuary , Indian Embedded Value , Embedded Value , துறை ஆஃப் முதலீடு , பொது சொத்து மேலாண்மை , நிதி ர சி து , புகாரளித்தல் செயல் , இந்தியன் பதிக்கப்பட்ட மதிப்பு , பதிக்கப்பட்ட மதிப்பு ,

Milliman Advisors selected as reporting actuary for LIC embedded value


FinMin appoints Milliman Advisors for valuing LIC pre-IPO
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The firm was chosen from three in the race including EY Actuarial Services and Willis Towers Watson Actuarial Advisory.
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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.
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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. ....

Tuhin Kanta Pandey , Life Insurance Corporation Of India , Ey Actuarial Services , Milliman Advisors , Life Insurance Corporation , Willis Towers Watson Actuarial , Kanta Pandey , Indian Embedded Value , துஹின் காந்தா பாண்டே , வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியா , கண் இயல்பான சேவைகள் , வாழ்க்கை காப்பீடு நிறுவனம் , வில்லிஸ் கோபுரங்கள் வாட்சன் இயல்பான , காந்தா பாண்டே , இந்தியன் பதிக்கப்பட்ட மதிப்பு ,

LIC IPO: Govt appoints Milliman Advisors to determine 'embedded value' of the insurer


LIC IPO: Govt appoints Milliman Advisors to determine embedded value of the insurer
December 31, 2020
An Indian Embedded Value is a measure of the consolidated value of shareholders’ interest in the life insurance business.
The Government on Thursday took one more step towards Initial Public Offer (IPO) of Life Insurance Corporation of India (LIC) by appointing Reporting Actuary.
“Government has selected Milliman Advisors LLP India as the Reporting Actuary for the Embedded Value of LIC,” Secretary of Department of Investment and Public Asset Management (DIPAM), Tuhin K Pandey said in a tweet. Further, he mentioned that work to start soon. Apart from Milliman, EY Actuarial Services LLP and Willis Towers Watson Actuarial Advisory LLP were in the fray. ....

Nirmala Sitharaman , Tuhink Pandey , Financial Services Department , Central Public Sector Enterprises Cpses , Department Of Investment , Life Insurance Corporation Of India , Ey Actuarial Services , Willis Towers Watson Actuarial Advisory , Milliman Advisors , Initial Public Offer , Life Insurance Corporation , Reporting Actuary , Embedded Value , Public Asset Management , Finance Ministry , Indian Embedded Value , Insurance Act , Finance Minister Nirmala Sitharaman , Central Public Sector Enterprises , நிதி சேவைகள் துறை , துறை ஆஃப் முதலீடு , வாழ்க்கை காப்பீடு நிறுவனம் ஆஃப் இந்தியா , கண் இயல்பான சேவைகள் , ஆரம்ப பொது சலுகை , வாழ்க்கை காப்பீடு நிறுவனம் , புகாரளித்தல் செயல் ,