LIC 3rd largest globally, but offers highest RoE of 82%, says Crisil report

While for LIC the market share has been steadily declining–down from 100 per cent in the pre-2000 era to 71.8 percent in 2016 and further down to 64.1 percent in 2020, for SBI Life, which is the second largest in the country, the same was only 5 percent in 2016 and 8 percent in 2020.

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