News From Press LIC to take more time in determining embedded value, likely to disclose by 15 July

LIC to take more time in determining embedded value, likely to disclose by 15 July

Source: Mint Jun 30, 2022

Life Insurance Corporation of India (LIC) on Wednesday said the exercise to determine the Indian Embedded Value (IEV) as of March 31, 2022, will take some more time to complete. It expects the completion before July 15. Earlier, LIC had expected to determine the embedded value by June 30.

In its update on stock exchanges today, LIC said, "it is informed that the exercise of determining the Indian Embedded Value (IEV) as of March 31, 2022, may take some more time to get completed."

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