State-run insurance giants, Life Insurance Corporation (LIC) has further increased its dominance in India’s life insurance market with a six percent jump market share between April to September. The insurance giant’s share in the overall pie now stands at 72 percent in a market where several state-run life insurers are increasingly outdoing their private competitors in getting new businesses.
LIC registered a business growth of 18 percent in September against last year, and a very robus ..