Daily Current Affairs 2024, Date wise Current Affairs | Current Affairs in English and Hindi

Get the Daily and Latest Current Affairs 2024 on our website. These current affairs are Updated by our specialists and are relevant for all competitive tests UPSC, SSC, IAS, Railway-RRB, UPPSC, and Other State Government and Central Jobs/Exams.


India overtakes China and UK to become world’s 10th largest life insurer

Category : Business and economics
Published on: September 01 2022 Share on facebook

  • India has now overtaken China and the UK to become the world’s 10th largest life insurer. 
  • According to a survey by Brand Finance Insurance 100 2021, a London-based brand valuation consultancy organization, Life Insurance Corporation (LIC), a state-owned insurance behemoth and life insurer has emerged as the third strongest and tenth most valuable insurance brand globally. 
  • The report states that the combined value of the top 100 insurance brands in the globe decreased by 6% from $462.4 billion in 2020 to $433.0 billion in 2021.
  • LIC’s brand value climbed to $8.65 billion, up about 7%. India becomes the 10th largest life insurer globally.
  • The top 10 most valuable insurance brands worldwide include five Chinese insurance companies, with Ping An Insurance ranking as the most valuable brand despite seeing a 26% reduction in brand value.
  • While France, Germany, and India each have one insurance company on the list, the United States has two in the top ten. India is now the 10th largest life insurer in the world.
  • Italy’s Poste Italiane is the strongest insurance brand, followed by LIC of India, Mapfre of the US.
Recent Post's
  • India actively participated in the 2nd Employment Working Group Meeting at Brasilia during the G20 summit.

    Read More....
  • Justice Ritu Raj Awasthi has been sworn in as a judicial member of the Lokpal.

    Read More....
  • The Government of India has granted permission to ADNOC (Abu Dhabi National Oil Company) to re-export crude oil from the Mangalore Strategic Petroleum Reserve.

    Read More....
  • The Competition Commission of India (CCI) has given approval for the acquisition of Lanco Amarkantak Power Ltd by Adani Power.

    Read More....
  • Saudi Arabia to participate in Miss Universe event in historic first.

    Read More....
  • The Army Commanders' Conference is scheduled to commence in Delhi on March 28th.

    Read More....
  • Haryana emerged as champions at the boxing Sub Junior National Championship.

    Read More....
  • ASI initiates excavation in Panna, Madhya Pradesh to unveil India's oldest temple.

    Read More....
  • NTPC has signed an agreement with a Japanese agency for a USD 200 million loan.

    Read More....
  • Indian Institute of Technology Guwahati (IIT Guwahati) transferred a vaccine technology to BioMed Pvt. Ltd, a vaccine manufacturing company.

    Read More....