Home / Economy / News / Disclose embedded value for September-March period: Centre to LIC

Disclose embedded value for September-March period: Centre to LIC

Sharing embedded value expected to instill confidence in the markets about the insurer's transparency

Premium

The LIC, only after its listing, has asked its reporting actuary Milliman Advisors to work on the derivation of embedded value as on March 2022

Nikunj Ohri New Delhi

3 min read Last Updated : May 24 2022 | 6:10 AM IST

The Centre has asked LIC to disclose its embedded value (EV) for the September-March period as against the insurer’s plan to declare the same only one year after it shared its last embedded value of Rs 5.39 trillion.

The management of LIC had not asked its reporting actuary to start the process of the embedded value derivation as of March 2022 as it was expected to drop on account of decline in mark-to-market gains of about Rs 40,000-50,000 crore, said an official. The embedded value — an important metric that indicates an insurance company’s performance — is the sum of adjusted

Topics : LIC Life Insurance Corporation

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in