The Budget amendments to the LIC Act has been notified and the actuarial firm is expected to finalise the embedded value of the life insurer. Under the embedded value method, the insurance company's present value of future profit is also included in its present net asset value.source https://economictimes.indiatimes.com/industry/banking/finance/insure/ccea-clears-lic-disinvestment-panel-headed-by-fm-to-decide-quantum-of-stake-sale/articleshow/84350135.cms
No comments:
Post a Comment