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 per cent in 2016 and further down to 64.1 per cent in 2020, for SBI Life, which is the second largest in the country, the same was only 5 per cent in 2016 and 8 per cent in 2020, Crisil said in a report prepared in November 2021 which is not yet made publicly available.

source https://economictimes.indiatimes.com/industry/banking/finance/insure/lic-3rd-largest-globally-but-offers-highest-roe-of-82-says-crisil-report/articleshow/89387347.cms