Where does LIC invest your premium? Minister tells Lok Sabha how it picks stocks, why it won't name companies
· livemint.com
LIC’s equity investment strategy explained as the Finance Ministry reveals how the insurer managed policyholders’ funds in listed companies over five years, including risk checks, regulatory oversight, portfolio review and investment decisions based on business performance and future prospects.
The Life Insurance Corporation of India (LIC) policyholders and associated stakeholders often seek details on how their premiums are invested and managed, espec...