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2 years ago

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LIC IPO economics tilted toward investors, may be a bummer for policyholders

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LIC IPO economics tilted toward investors, may be a bummer for policyholders

As the IPO prospectus notes, the recalibration will bring LIC in line with its private-sector rivals, but it may also “reduce the attractiveness of our participating products, which could have an adverse effect on our business, financial condition, results of operations and cash flows.”

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LIC IPO economics tilted toward investors, may be a bummer for policyholders

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LIC IPO economics tilted toward investors, may be a bummer for policyholders

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