IPO-bound LIC 3rd largest globally, but offers highest RoE of 82%: CRISIL4 min read . Updated: 06 Feb 2022, 07:19 PM IST
While for LIC the market share has been steadily declining--down from 100% in the pre-2000 era to 64.1% in 2020, for SBI Life, which is the second-largest insurer, the same was only 5% in 2016 and 8% in 2020, a Crisil report said
The IPO-bound national insurer Life Insurance Corporation (LIC) is not only the world's largest when it comes to home-market share with over 64.1 per cent of the total gross written premium as of 2020 but also the one that offers the highest return on equity at 82 per cent, apart from being the third-largest in terms of life insurance premium, says a Crisil report.
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