Life Insurance Corporation of India (LIC) says last quarter's earnings of INR9,543 crores ($1.3bn) was sustainable and profit was likely to increase in the coming quarters. LIC has undergone a directional change, with its product mix now dominated by participating non-par products which yield better margins. The insurance company seeks to increase the share of non-par policies to double digits, from 10.22% at present.from Banking/Finance-Industry-Economic Times https://ift.tt/opxKinM
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