Daily Voice | LIC#39;s market-cap on listing could be around Rs 15-17 lakh crore: Hemang Kapasi of Sanctum Wealth

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_16125161.html