LIC which controls 50% of the market share has been profitable for decades. However, in the last 10 years many companies ventured into the space. Here are the top Private Life Insurance companies and their profitability numbers as they are all set to go for IPO.
ICICI Prudential Life Insurance Rs 807 Cr
SBI Life Rs 366 Cr
Kotak life Rs 102 Cr
Reliance life and HDFC Life lost Rs 129 Cr each.
