The Embedded Price of LIC for September-21
The embedded price of LIC for September-21 was INR 5.4trn (US$72bn) which is up from Rs. 956 billion in March-22 because it is now allocating 100% profit of non-par products to shareholders. The September-21 EV of the top 3 listed players was in the range of INR290bn-. 350 Billion Partners like HDFC Life, SBI Life, …