LIC share Price dominance in market. Introduction : Life Insurance Corporation of India (LIC) is a state-owned insurance company and the largest insurance provider in India. The company has been in operation for over six decades and has established itself as a dominant player in the Indian insurance market. This research paper aims to analyze the factors that have contributed to LIC's dominance in the Indian insurance market. Market Share: LIC currently holds a market share of approximately 70% in the Indian life insurance market. The company has consistently maintained its market position despite the entry of private insurance players in the market. In fact, LIC's market share has increased in recent years, indicating its strong presence and dominance in the industry. Product Portfolio: LIC offers a wide range of insurance products, including endowment plans, term insurance, unit-linked insurance plans, and pension plans. The company also offers group insurance plans and micro...