Tag Archives: lic policy

LIC IPO in offing, but insurer logs massive drop in individual annual premium equivalent

LIC IPO: Life Insurance Corporation (LIC) initial public offer (IPO) is in offing. Ahead of that some data has been unveiled. A massive 45 per cent plunge in LIC’s individual annual premium equivalent (APE) in January capped the industry growth at 8 per cent for the month, according to a report. See Zee …

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