India's Biggest-Ever IPO of Insurer LIC

The transcript discusses LIC's dominance in the Indian life insurance market, controlling nearly two-thirds of it and amassing assets worth almost $500 billion, surpassing the country's mutual fund industry. Despite reducing its IPO to $2.7 billion, it remains India's largest offering and ranks among the top global IPOs of the year, trailing only three other listings.

What is the market share of the Indian life insurance market compared to the populations of which countries?

• Germany and France

• Russia and Japan

• Pakistan and Brazil

• United States and China

How much are the assets of the Indian life insurance market worth?

• $500 billion

• $400 billion

• $600 billion

• $300 billion

The assets of the Indian life insurance market exceed the total size of which industry?

• Real estate industry

• Automobile industry

• Banking industry

• Mutual fund industry

What was the size of the IPO after it was scaled back?

• $1.5 billion

• $2.7 billion

• $3.5 billion

• $4.2 billion

How does the IPO rank globally for the year?

• First

• Fifth

• Second

• Fourth