Which Indian insurer is the fourth largest in the world by S and P ranking?
Life Insurance Corporation of India
2023 December
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Overtaking US-based MetLife and Prudential Financial Inc., the state-owned Life Insurance Corporation of India has emerged as the world's fourth largest insurer. According to a new ranking by capital market company S&P Global, the LIC is only behind China's China Life Insurance, Japan's Nippon Life Insurance, and Germany's Allianz SE.