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Top Headlines: Features of LIC IPO, Damani eyes partners for Ambuja buy

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LIC has the largest network of 1.34 million individual agents as on March 31, 2021
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A big gap between LIC’s m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio

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Life Insurance Corporation to join league of top global insurance firms
When Life Insurance Corporation (LIC) of India gets listed on the bourses next month, it will be among the biggest listed life insurers globally in terms of market capitalisation (m-cap), assets, and revenue, but will also be among the least profitable and capitalised among its peer group. A big gap between LIC’s m-cap, profits, and networth (shareholder capital) will make it one of the priciest insurers globally, in terms of price-to-earnings (P/E) multiple and price-to-book value (P/B) ratio. Read more...

Unique features of LIC IPO: Policyholder quota, differential

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