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LIC IPO

In TheSPOT LIGHT

LIC debut today: Faith of millions of small investors put to test
Headquartered in Mumbai, LIC is a household name in India, with 2,000 branches, more than 100,000 employees and 286 million policies. The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.

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  • Rs 36.7
    Trillion AUM
    Largest asset manager
  • 2020
    In Union Budget
    Decision to make LIC public was first indicated by the government
  • $463 Bn
    LIC’s Assets Exceeds
    GDP of several economies
  • Rs 1 tril
    Size Of The IPO
    Is expected and it could be raised in tranches
  • 18%
    Of India’s GDP For FY21
    Equal to AUM on standalone basis
  • 65 Yr
    Over In India
    Been providing life insurance
  • Rs 15 tril
    LIC Is Expected
    To be valued at roughly
AUM:Assets Under Management
GWP:Gross Written Premium
NBP:New Business Premium

yoursay

Community Sentiments
Community Sentiments

quick bites qb

LIC - The Brand

  • 3rd
    Strongest
    & 10th most valuable global insurance brand in 2021
  • $8.6 bil
    Brand value
    with a brand value index strength of 84.1
qb

Projectionsprojections

18%
CAGR from FY21 – FY26
NBP of Indian life insurance expected to grow
60+
Elderly population
to increase from 116.8 mil in 2015 to 316.8 mil by 2050

Market ShareMarket Share

66.2%
New Business Premium
64.1%
Gross Return Premium
74.13%
Health Insurance of new policies (FY 21)
69.89%
Annuity Products
74.13%
Health Insurance of new policies (FY 21)
69.89%
Annuity Products
69.89%
Annuity Products
69.89%
Annuity Products
13,43,587
Individual Agents

DistributionNetwork

Satellite Offices In India
1,554
Satellite Offices In India
2,048
Branch Offices
As of Sep 30, 2021
2,395
Offices In Tier 3 & 4 Centres
3,463
Micro Insurance Agents
Sections