Liverpool Victoria, or LV= as they’re known these days, is a real stalwart in the UK insurance game. Imagine a friendly giant, offering a helping hand with everything from protecting your car to planning your retirement. They’ve been around since 1843, way back when Queen Victoria still wore a crown, and have grown into one of the country’s biggest insurance companies...
LIC IPO: Insurance giant opens India’s largest share sale
Shares in the Indian state-run insurance giant Life Insurance Corporation (LIC) went on sale this week in a $2.75bn (£2.18bn) initial public offering, witnessing strong demand from investors. The government is offering a 3.5% stake in what will be India’s largest share sale, despite both the size and valuation of the issue being slashed significantly to reflect current market conditions...