In the LIC IPO Process, a Snapshot of India's Political Economy - The Wire


5/7/2022 12:00:00 AM3 yearsago

Nowhere in the world is the difference in market share between the largest and the second largest life insurer as stark – with the second largest player at only 8% compared to LIC's 64%.

Mumbai: The Central government is no stranger to burning its fingers in the markets. Rewind to 2017, when two state-owned players the New India Assurance company and the General Insurance Company wer… [+6001 chars]

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