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Q:

According to S&P rankings, which Indian insurer is the fourth largest insurer in the world?

  • 1
    LIC
  • 2
    GIC
  • 3
    HFDC
  • 4
    ICICI
  • Show Answer
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Answer : 1. "LIC"
Explanation :

State-owned Life Insurance Corporation of India (LIC) has become the world's fourth-largest insurer, overtaking US-based MetLife and Prudential Financial Inc. According to the new ranking by capital markets company S&P Global, LIC is behind only Germany's Allianz SE, China's China Life Insurance (CLI) and Japan's Nippon Life Insurance.

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