India Insurance Value Hit by Sky-High Commissions, GST Benefit Fades - Whalesbook

Description Life Insurance Corporation (LIC) is India's largest insurer, offering a wide range of participating and non-participating life insurance products. It holds a dominant market share in new business premiums and policies. Key Growth Triggers LIC benefits from the national 'Insurance for All by 2047' goal and its strategic shift towards non-par products, alongside expansion in bancassuranc…