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LIC's embedded value set at ₹5.39 lakh crore
short by Hiral Goyal / on Sunday, 13 February, 2022
Life Insurance Corporation of India (LIC) on Sunday filed the draft red herring prospectus (DRHP) with SEBI for an IPO. The draft papers revealed that LIC's embedded value stood at ₹5,39,686 crore as on September 30, 2021. The embedded value of a life insurance company represents the sum of present value of future profits and the net value of assets.
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