📢 *LIC emerges as the 3rd strongest and 10th most valuable insurance global brand in 2021*

🚩 *Asia Insurance Post | LIC emerges as the 3rd strongest and 10th most valuable insurance global brand in 2021 -  https://www.asiainsurancepost.com/ecoinvestdemography/lic-emerges-3rd-strongest-and-10th-most-valuable-insurance-global-brand-2021*

📢 *LIC emerges as the 3rd strongest and 10th most valuable insurance global brand in 2021*

( *2021 లో ప్రపంచ బీమా సంస్థలలో 3 వ బలీయమైన,10 అతి విలువైన బీమా బ్రాండ్ గా LIC నిలిచింది. మొదటి స్ధానం లో ఉన్న Ping An, రెండవ స్థానంలో ఉన్న china Life బ్రాండ్ విలువ తగ్గగా,LIC బ్రాండ్ విలువ 6.8% పెరగడం విశేషం*

*దీనికి కారణం అయిన ఉద్యోగుల కు,మార్కెటింగ్ సిబ్బందికి,వెన్నంటే నిలిచిన 40 కోట్ల పాలసీదారుల కు జేజేలు* )

According to the latest report released by Brand Finance the total value of the world's top 100 most valuable insurance brands has declined by 6 per cent, decreasing from $462.4 billion in 2020 to $433.0 billion in 2021

Even as world's top insurance brands have lost nearly $30 billion in brand value,amidst Covid-19 Pandemic, India's state owned life insurance behemoth Life Insurance Corporation(LIC), for the first time, has emerged as the third  strongest insurance brand as well as the 10th most valuable insurance brand  globally, according to the Brand Finance Insurance 100 2021 ranking, prepared by London based Brand Finance .

LIC at a brand value of $ 8,655 million, as part of most valuable insurance brand,  has gone up by 6.8 per cent in helping the company to improve its ranking from 13 thto 10 th in this segment which is topped by Chinese Ping An, with a brand value of $44,798 million.

According to the latest report released by Brand Finance, on Wednesday, the total value of the world's top 100 most valuable insurance brands has declined by 6 per cent, decreasing from $462.4 billion in 2020 to $433.0 billion in 2021.

Ping An is still by far the world's most valuable insurance brand, despite recording a 26 per cent drop in brand value to US$44.8 billion. The decline in brand value is largely attributable to the temporary drop in future earnings and revenue outlook, compared to the previous year.

China Life has overtaken Allianz (down 19% to US$20.2 billion) to claim second spot in the Brand Finance Insurance 100 2021 ranking, after recoding a slight 4% decrease in brand value to US$22.6 billion.

Courtesy :R B Kishore