Insurance companies are usually valued on Embedded Value (EV). EV is nothing but the sum of the adjusted net worth and the discounted value of profits from in-force policies.from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-lic39s-market-caplisting-could-be-around-rs-15-17-lakh-crore-hemang-kapasisanctum-wealth_16125181.html
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