Can LIC maintain dominant mkt share, improve growth in profitable segments?

If new business premium and margin continue to improve, there can be a decent upside in the stock

PSU giant Life Insurance Corporation of India (LIC) has released some key data points. Its embedded value (EV) for 2021-22 has worked out to be Rs 5.41 trillion, which is marginally above Rs 5.39 trillion as projected in September 2021, though the Street had been expecting a higher number.

Until March 2021, LIC assumed a blended 5 per cent profit on all non-ULIP policies and put this amount into one fund from which all returns to policyholders were paid. This has now been bifurcated into two separate funds -- PAR (participating, meaning sharing profits of LIC) and non-PAR funds. This