MUMBAI: With almost $554 billion, LIC has moved up within the rankings of insurers when it comes to non-bank property. Regardless of depreciation of the rupee, it’s ranked twelfth as in comparison with the thirteenth place it held a yr in the past in a world listing compiled by score company AM Greatest. When it comes to web premiums written, LIC maintained its sixteenth place. In accordance with the listing launched on Monday, LIC’s web premiums rose by 11% to $58 billion.The highest firms when it comes to non-banking property are Allianz ($1 trillion) and Ping An ($960 billion).
