CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per the Brand Finance Insurance 100 report for 2021, which company has topped as the world’s most valuable insurance brand?
A
Ping An Insurance
B
China Life
C
LIC
D
Allianz
Explanation: 

Detailed explanation-1: -Ping An is still by far the world’s most valuable insurance brand, despite recording a 26% drop in brand value to US$44.8 billion.

Detailed explanation-2: -Ping An (brand value down 4% to US$42.9 billion) remains the world’s most valuable insurance brand, being stuck behind the COVID curtain of widespread continuing lockdowns.

Detailed explanation-3: -Apple has overtaken Amazon and Googleto reclaim the title of the world’s most valuable brand for the first time since 2016, according to the latest report by Brand Finance – the world’s leading brand valuation consultancy.

Detailed explanation-4: -As per a brand valuation report released by Brand Finance, Life Insurance Corporation has been ranked at 10th in the list of insurance brands globally. LIC is the only Indian insurance company in the top 10 list.

Detailed explanation-5: -LIC’s brand value also climbed in overall global brand rankings by 32 places to become the world’s 206th most valuable brand in 2021, from 238th slot in 2020.

There is 1 question to complete.