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LIC 10th most-valuable insurance brand, third most-strongest globally: Report


LIC 10th most-valuable insurance brand, third most-strongest globally: Report
The report also looks into the strongest insurance brands. The list is led by Italy s Poste Italiane, followed by Spain s Mapfre, and India s LIC
BusinessToday.In | April 30, 2021 | Updated 13:29 IST
LIC amid top 10 most-valuable insurance brands
State-owned insurance giant Life Insurance Corporation has emerged as the strongest and the tenth most valuable insurance brand globally. According to a report by London-based consultancy firm Brand Finance, the total value of the world s top 100 most valuable insurance brands dipped 6 per cent from $462.4 billion in 2020 to $433.0 billion in 2021.
As predicted, insurance brands have taken a hit this year as they negotiate the fallout from the pandemic - from the near standstill of the global economy and prolonged low interest rates to slowing development across the sector in general. They have, however, fared better than our initial predi ....

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