• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India’s LIC Ranks 4th In World’s Top Life Insurance Companies List

OMMCOM NEWS by OMMCOM NEWS
December 5, 2023
in Business
LIC

LIC

New Delhi:  India’s state-owned Life Insurance Corporation (LIC) has emerged as the fourth largest life insurer in the world, according to a new ranking, on the basis of life and accident & health reserves, by S&P Global Market Intelligence.

Companies on the list have been ranked by life and accident & health reserves in 2022 which indicates their financial strength.

Life and accident & health reserves generally represent a liability to provide for future commitments under outstanding policies.

The importance of LIC’s ranking is reflected in the fact that MetLife Inc., the largest life insurance company based in the US, ranks seventh on the list of the largest global life insurers. Prudential Financial Inc., the second-largest life insurance company headquartered in the US is placed eighth in the ranking.

Allianz SE, China Life Insurance Co. Ltd. and Nippon Life Insurance Co. are the three largest life insurance companies in the world, according to the S&P global ranking.

European companies from six countries dominated the list of top 50 global life insurers ranked by life and accident & health reserves, taking 21 spots. In Europe, the UK is home to the most companies on the list with seven carriers headquartered there.

Asia accounts for 17 spots on the list of top global life insurers, making it the region with the second-highest number.

Mainland China and Japan shared the top spot in Asia with five companies headquartered there.

North America took 12 spots on the list with eight companies based in the US, two in Canada and two in Bermuda.

On an individual country basis, the US has the highest number of life insurers on the top 50 list, with eight.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Cabinet Approves Proposal To Amend Odisha Government Land Settlement Rules

Next Post

IAF Drops Relief In Cyclone-Hit Regions Of Tamil Nadu

Related Posts

Business

Top Discount Brokers Groww, Zerodha, Angel One, Upstox’s Investors Base Continues To Shrink In August

September 10, 2025
Business

Positive Exchange Of Words In India-US Trade Dialogue Raises Hopes Of Tariff Relief: Economists

September 10, 2025
GST
Business

GST Rationalisation To Empower Traders, Exporters, And Common Man: CBIC Chairman

September 10, 2025
Business

SIP Inflows Remain Flat At Rs 28,265 Crore In August: AMFI Data

September 10, 2025
Business

India, UAE Review Entire Spectrum Of Comprehensive Strategic Partnership

September 10, 2025
Business

It May Not Be Possible To Bring Petrol, Diesel Under GST For Time Being: CBIC Chief Sanjay Agarwal

September 10, 2025
Next Post

IAF Drops Relief In Cyclone-Hit Regions Of Tamil Nadu

Cabinet Okays Amendments To Odisha MSME Development Policy'2022

Who Is Rohit Godara, Who Claimed Responsibility For Karni Sena Leader Gogamedi's Murder?

Khimji
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.