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What is the global rank of Indian insurance major LIC in the 2021 Brand Finance Insurance 100 report, that measures most valuable insurance brand globally?
- a)10
- b)20
- c)5
- d)15
Correct answer is option 'A'. Can you explain this answer?
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What is the global rank of Indian insurance major LIC in the 2021 Bran...
The state-owned insurance behemoth ‘Life Insurance Corporation (LIC)’ has emerged as the third strongest and the tenth most valuable insurance brand globally, in Brand Finance Insurance 100 report for 2021.The brand value of LIC increased by almost 7 percent to $8.65 billion in 2021.
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What is the global rank of Indian insurance major LIC in the 2021 Bran...
Global Rank of LIC in Brand Finance Insurance 100 Report
- The global rank of Indian insurance major LIC in the 2021 Brand Finance Insurance 100 report is 10.
Explanation:
- The Brand Finance Insurance 100 report ranks the most valuable insurance brands globally based on factors such as brand strength, financial performance, and customer perception.
- LIC, which stands for Life Insurance Corporation of India, has secured the 10th position in this prestigious ranking.
- This recognition highlights LIC's strong brand value and reputation in the insurance industry on a global scale.
- The company's consistent growth, customer trust, and financial stability have contributed to its high ranking in the report.
- By securing the 10th position, LIC has demonstrated its position as a leading insurance brand not only in India but also on an international level.
- The global rank of Indian insurance major LIC in the 2021 Brand Finance Insurance 100 report is 10.
Explanation:
- The Brand Finance Insurance 100 report ranks the most valuable insurance brands globally based on factors such as brand strength, financial performance, and customer perception.
- LIC, which stands for Life Insurance Corporation of India, has secured the 10th position in this prestigious ranking.
- This recognition highlights LIC's strong brand value and reputation in the insurance industry on a global scale.
- The company's consistent growth, customer trust, and financial stability have contributed to its high ranking in the report.
- By securing the 10th position, LIC has demonstrated its position as a leading insurance brand not only in India but also on an international level.
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What is the global rank of Indian insurance major LIC in the 2021 Brand Finance Insurance 100 report, that measures most valuable insurance brand globally?a)10b)20c)5d)15Correct answer is option 'A'. Can you explain this answer?
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