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LIC is aiming to increase its share of premium or participating policies to 15% in two years from about 9% presently, Kumar said
The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective
The insurance behemoth's portfolio value has soared by $31 billion since March 2020
During the first six months of that period, LIC's stock market investments more than doubled from a year earlier to 392.24 billion rupees