Summary

  • The Life Insurance Corporation of India was created on 1st September, 1956
  • LIC had 8 zonal offices, 133 divisional offices and 2048 branch offices
  • The total number of Agents on Roll is 13,53,808 as on March 2022
  • LIC's IPO will closed on 09 May 2022 having Price range of Rs 902 – 949 and started trading on May 17, 2022

LIC0.jpg

Company Overview

the Life Insurance Corporation of India (NSE:LICI) was created on 1st September, 1956 by The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, with the objective of spreading life insurance much more widely and in particular to the rural areas with a view to reach all insurable persons in the country, providing them adequate financial cover at a reasonable cost.1

As on 31.03.2021, there were 8 Zonal Offices located at Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Kanpur, Bhopal and Patna. There were 113 Divisional Offices, 2,048 Branch Offices, 1,546 Satellite Offices (SOs) and 1,173 Mini Offices.. Since life insurance contracts are long term contracts and during the currency of the policy it requires a variety of services need was felt in the later years to expand the operations and place a branch office at each district headquarter. Re-organization of LIC took place and large numbers of new branch offices were opened. As a result of re-organisation servicing functions were transferred to the branches, and branches were made accounting units. It worked wonders with the performance of the corporation. It may be seen that from about 200.00 crores of New Business in 1957 the corporation crossed 1000.00 crores only in the year 1969-70, and it took another 10 years for LIC to cross 2000.00 crore mark of new business. But with re-organisation happening in the early eighties, by 1985-86 LIC had already crossed 7000.00 crore Sum Assured on new policies.

Subsidiaries

  • LIC Pension Fund Limited
  • LIC Cards Services Limited

Foreign Joint Venture Co

  • Life Insurance Corporation (International) B.S.C. (c), Bahrain
  • Life Insurance Corporation (Nepal) Ltd
  • Life Insurance Corporation (Lanka) Ltd
  • Kenindia Assurance Company. Ltd
  • Saudi Indian Company for Co-operative Insurance
  • Life Insurance Corporation (LIC) of Bangladesh Limited

Foreign Wholly Owned Subsidiary

  • Life Insurance Corporation (Singapore) Pte. Ltd

LIC1.jfif

Products

LIC India has a broad, diversified product portfolio covering various segments across individual products and group products

  • Insurance Plan
  • Pension Plan
  • Unit Linked Plans
  • Micro Insurance Plans
  • Withdrawn Plans
  • Health Plans

Group Schemes

  • Pension & Group Schemes
  • Gratuity Plus NAV

LIC2.png

Industry Overview

Structural Reforms in India

According to the World Bank’s Global Findex Database 2017, the global average of adult population with a financial services account (either with a bank, financial institution, or mobile money providers) was approximately 69% in 2017. India’s financial inclusion has improved significantly between 2014 and 2017, with the adult population with bank accounts rising from 53% (as per Global Findex Database 2014) to 80% in 2017 with concentrated efforts by the government to promote financial inclusion and the proliferation of supporting institutions. That said the rise in the number of bank accounts has not translated into a corresponding increase in the number of transactions and fruitful usage of those accounts. As per the World Bank’s Global Findex Database 2017, 40% of the accounts did not make any deposit or withdrawal in the past year (2016).

Pradhan Mantri Jan Dhan Yojana (PMJDY)

This scheme, launched in August 2014, is aimed at ensuring that every household in India has a bank account which can be accessed from anywhere and be used to avail all financial services such as savings and deposit accounts, remittances, credit and insurance affordably. PMJDY focuses on household coverage compared with the earlier schemes that focused on coverage of villages. It aims to extend banking facilities to all within a reasonable distance in each sub- service area (consisting of 1,000-1,500 households) across India. As on March 31, 2021, 422 million PMJDY accounts had been opened, of which, 66% were in rural and semi-urban areas, with total deposits of Rs. 1,455 billion.

PMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana)

This scheme, launched in May 2015, is aimed at creating a universal social security system, targeted especially at the poor and under-privileged. PMJJBY is a one-year life insurance scheme, renewable from year to year that offers a life cover of Rs. 0.2 million for death due to any reason and is available to people in the age group of 18 to 50 years (life cover up to 55 years) at a premium of Rs. 330 per annum per member. This scheme is offered/administered through LIC and other Indian private life insurance companies.

PMSBY (Pradhan Mantri Suraksha Bima Yojana)

This scheme, launched along with PMJJBY in May 2015, is aimed at creating a universal social security system, targeted especially at the poor and under- privileged. PMSBY is a one-year accidental death and disability insurance cover, renewable from year to year that offers an accidental death and full disability cover of Rs. 0.2 million (Rs. 0.1 Million for partial disability). This cover is available to people in the age group of 18 to 70 years at a premium of Rs. 12 per annum per member. The scheme is being offered by public sector general insurance companies or any other general insurance company that is willing to offer the product on similar terms with necessary approvals.

lic3.png

India is the Fifth Largest Insurance Market in Asia and Has Exhibited Consistent Growth in Insurance Premiums

Based on life insurance premium, India is the tenth largest life insurance market in the world and the fifth largest in Asia, as per Swiss Re’s sigma No 3/2021 report for July 2021. The size of the Indian life insurance industry was Rs. 6.2 trillion based on total premium in Fiscal 2021, up from Rs. 5.7 trillion in Fiscal 2020. The industry’s total premium has grown at 11% CAGR in the last 5 years ending in Fiscal 2021. New business premiums (NBP) grew at 15% CAGR during Fiscals 2016 to 2021, to approximately Rs. 2.78 trillion. In fact, in Fiscal 2021 – a year impacted by the COVID- 19 pandemic, the NBP of the industry rose by 7.5%. Within the NBP, group business premium grew at approximately 15.4% CAGR from Fiscals 2016 to 2021, whereas individual premium rose approximately 14% CAGR during the same period.

Total premium to cross Rs. 12 trillion by Fiscal 2026

CRISIL Research forecasts the total premium for life insurers to grow at 14-15% CAGR over the next five years. At this level of premium, life insurance as a proportion of GDP is projected to reach 3.8% by Fiscal 2026, up from 3.2% in Fiscal 2021. NBP is expected to grow at a CAGR of 17-18% during the same period ending Fiscal 2026. Further in the long term, life insurance NBP is expected to grow at robust growth of 14-16% CAGR between Fiscal 2021 to Fiscal 2032.

Business Overview

LIC has been providing life insurance in India for more than 65 years and is the largest life insurer in India, with a 64.1% market share in terms of premiums (or GWP), a 66.2% market share in terms of New Business Premium (or NBP), a 74.6% market share in terms of number of individual policies issued, a 81.1% market share in terms of number of group policies issued for Fiscal 2021, as well as by the number of individual agents, which comprised 55% of all individual agents in India as at March 31, 2021. LIC had the highest gap in market share by life insurance GWP relative to the second-largest life insurer in India as compared to the market leaders in the top seven markets globally (in 2020 for the other players and in Fiscal 2021 for LIC). (Source: the CRISIL Report). According to CRISIL, this is owing to its enormous agent network, strong track record, immense trust in the brand ‘LIC’ and LIC’s 65 years of lineage. LIC is ranked fifth globally by life insurance GWP (comparing LIC’s life insurance premium for Fiscal 2021 to its global peers’ life insurance premium for 2020) and 10th globally in terms of total assets (comparing LIC’s assets as at March 31, 2021 with other life insurers’ assets as at December 31, 2020).

LIC is the largest asset manager in India as at September 30, 2021, with AUM (comprising policyholders’ investment, shareholders’ investment and assets held to cover linked liabilities) of ₹39,558,929.24 million on a standalone basis, which was (1) more than 3.3 times the total AUM of all private life insurers in India, (2) approximately 16.2 times more than the AUM of the second-largest player in the Indian life insurance industry in terms of AUM, (3) more than 1.1 times the entire Indian mutual fund industry’s AUM and (4) 18.5% of India’s annualised GDP for Fiscal 2022.  As per the CRISIL Report, as at September 30, 2021, LIC’s investments in listed equity represented around 4% of the total market capitalisation of NSE as at that date.

LIC dominant in group insurance with approximately 80% market share In terms of segments, the share of group NBP in total NBP has increased from 58% in Fiscal 2016 to 62% in September 30, 2021. LIC continues to dominate the group NBP segment with 78% market share for Fiscal 2021. On the other hand, private players have increased their market share in individual NBP from 44% in Fiscal 2016 to 50% in Fiscal 2021 and further to 56% in September 30, 2021 Customers can also approach its branch offices and satellite offices and purchase products through its intermediaries. As at September 30, 2021, LIC had 2,048 branch offices and 1,554 satellite offices in India.

LIC’s individual policies are primarily distributed by its individual agents. In Fiscal 2019, Fiscal 2020, Fiscal 2021 and the six months ended September 30, 2021, individual agents were responsible for sourcing 96.69%, 95.73%, 94.78% and 96.42% LIC’s NBP for its individual products in India, respectively.

As at March 31, 2019, March 31, 2020, March 31, 2021 and September 30, 2021, LIC had 1.18 million, 1.21 million, 1.35 million and 1.34 million individual agents in India, respectively. As at March 31, 2021, LIC’s individual agency force accounted for 55% of the total agent network in India and was 7.2 times the number of individual agents of the second largest life insurer in terms of agent network. The number of LIC’s individual agents in India increased at a CAGR of 7% between March 31, 2019 and March 31, 2021, compared to the next best player’s agency force CAGR of 5% during the same period.

LIC has the most productive agent network in the Indian life insurance sector by both NBP and policies sold. As per the CRISIL Report, in Fiscal 2021, LIC’s individual agents had an average NBP of ₹412,934 per agent compared to the average NBP of ₹322,442 per agent for the best performing of the top five private players and ₹124,892 per agent for the median of the top five private players. In Fiscal 2021, LIC’s individual agents sold 15.3 policies per agent on average compared with the average of 3.9 individual policies sold by the individual agents of the best performing of the top five private players and the average of 1.6 individual policies sold by the individual agents of the median of the top five private players.

LIC4.webp

Financial Highlights

During the year 2020-21, the Corporation under Individual New Business, has procured 2,09,75,439 Policies with a First Year Premium Income of Rs 56,406.51 Crore. The achievement to budget in NOP was 95.34% and in FYPI 109.95 %. Rs 18,640.21 crore premium earned under 2,28,153 policies of Pradhan Mantri Vaya Vandana Yojana. In Agency recruitment, the Corporation registered a net addition of 1,44,982 agents.2

In the financial year 2020-21, the B&AC channel has garnered First Year’s Premium Income (FYPI) of Rs 1,900.76 crore under 2,46,910 policies showing positive growth of 23.43% in premium and 0.58% in policy. Share of the channel in Corporation’s performance (Individual Insurance) also increased and stood at 3.38% in premium and 1.18% in policy.

Currently the channel has tie-up with 8 PSU Banks, 6 Private Banks, 13 Regional Rural Banks, 41 Cooperative Banks and 1 Foreign Bank under Corporate Agency agreement with 57,919 outlets of these Banks all over the country. In addition to Banks, the channel has tie-up with 69 other Corporate Agents, 79 Brokers and 145 Insurance Marketing Firms (IMF). During the year 4 Banks, 6 Corporate Agents and 24 Insurance Marketing Firms were added to the channel.

Bank partners have contributed 92.37% in FYPI and 85.93% in policy by procuring Rs 1,755.76 crore FYPI under 2,12,182 policies in B&AC channel. Other Corporate Agents have contributed Rs 65.01 crore FYPI under 24,865 policies with percentage share of 3.42% and 10.07% respectively. Brokers share is Rs 37.14 crore FYPI under 1,554 policies with share contribution of 1.96% in FYPI and 0.63% policy. The contribution of IMF stood at Rs 42.85 crore in FYPI and 8,309 in NOP with share contribution of 2.25% and 3.37% in FYPI and policy respectively. IDBI Bank stood at top with contribution of Rs 863.42 crore in total first premium income under 82,521 polices.

357 Bank branches procured Rs 1 crore and above TFPI while 423 Bank branches procured between Rs 50 lacs to Rs 99 lacs during the year.

In the Financial Year 2020-21, the Channel has procured First Year Premium Income (FYPI) for Rs 1,242.86 crore only with completion of 97,788 Policies (Including online PMVVY Policies).

The total number of Agents on our Roll is 13,53,808 as at 31.03.2021 as against 12,08,826 as on 31.03.2020. The number of Active Agents is 10,86,000 as at 31.03.2021 as compared to 10,80,809 as on 31.03.2020

₹ in million

For the Nine months ended

31-Dec-21

31-Mar-2131-Mar-2031-Mar-19
Total Assets40,907,867.7837,464,044.6834,141,745.7433,663,346.17
Total Revenue17,573.5029,855.7127,309.5626,449.96
Profit After Tax17,153.1229,741.3927,104.7826,273.78
Earnings per Share FV Rs 103.64.74.294.15

LICI5.jpg

LIC IPO

LIC Listing Highlights

Shares Lists at Discount; Weak LIC Listing Due to Unpredictable Market Conditions, Says DIPAM Secy3

May 17, 2022; Life Insurance Corporation of India (LIC) shares made a tepid debut on the stock exchanges on Tuesday, May 17, listing at a discount to the IPO price. LIC shares started trading at Rs 865 apiece, down 8.65 per cent from its IPO price of Rs 949 on BSE. The share opened at Rs 872 on NSE, an 8.8 per cent discount over the premium.

The sell-off in the global and domestic market, the hike in interest rates by the central banks and the accelerating inflating statistics, and an ongoing global war have dampened the euphoria around the listing of mega IPO.

The government offloaded 3.5 per cent of its stake in the insurance behemoth to raise Rs 21,000 crore from the share sale. LIC IPO opened for subscription from May 4-9 with a price band of Rs 902-949 per share. For LIC employees and retail investors, there was a discount of Rs 45 per equity share. LIC policyholders were eligible for a discount of Rs 60 per share.

“As observed, the majority of big IPOs have not given strong listing debut gains. Considering previous trends, LIC has continued to take the same path with listing at a discount,” said Mohit Nigam, head – PMS, Hem Securities.

“We believe that personal savings and awareness regarding insurance will increase enabling the sector to outperform in the long run and will indirectly benefit LIC as it is the market leader in this sector,” he further mentioned.

On LIC IPO valuation, Yash Gupta, Equity Research Analyst, Angel One Ltd said, “At the upper end of the price band the LIC IPO is priced at P/EV (embedded value) of 1.1x which is at a significant discount to other listed private life insurance companies line HDFC Life, ICICI Pru Life and SBI Life.

For LIC investors, Parth Nyati, founder, Tradingo, said, “LIC enjoys many competitive advantages like strong brand value, extremely large scale of operations, a huge network of agents, and an envious distribution network, further, the company’s issue was priced at a Price to Embedded value of 1.1x, providing a valuation comfort, so we suggest investors to stay with the company for the long term despite the negative listing. Those who applied for listing gains can maintain a stop loss of Rs. 800. New investors can take advantage of the dips to accumulate this share for the long term. We would like to add that the company’s further downside will be limited due to low float post listing.”

LIC's IPO Likely To Open On May 4, But Exact Timelines Post April 27

April 25, 2022; LIC's IPO is likely to open on May 4 and close on May 9, according to sources, who said the exact timelines will be confirmed post April 27th.4

The Life Insurance Corporation's (LIC) long-awaited public issue offer is likely to open on May 4 and close on May 9, according to sources, who said the exact timelines would be confirmed post-April 27.

The exact date ranges and other details of the LIC's initial public offering (IPO) will be confirmed next week, the sources added.

That comes on the heels of the LIC board approving a cut in its IPO issue size to 3.5 per cent from 5 per cent, according to sources on Saturday.

The government is now expected to sell 3.5 per cent of its stake in LIC for ₹ 21,000 crore, subject to the approval of the capital markets regulator Securities and Exchange Board of India, SEBI.

That would value the insurance behemoth at 6 lakh crore.

A significant cut in valuation from a previous estimate of around ₹ 17 trillion for the 66-year old company.

The draft red herring prospectus filed with the SEBI and approved showed the government had proposed a sale of its 5 per cent equity.

Still, despite that setback and lowering of the company's valuation, it would be India's most significant to date.

Indeed, the public issue size of the insurance behemoth at the lowered ₹ 21,000 crore will be larger than the amount mobilised from the IPO of Paytm in 2021 was the largest ever at ₹ 18,300 crore, followed by Coal India (2010) at nearly ₹ 15,500 crore and Reliance Power (2008) at ₹ 11,700 crore. 

The stake sale was initially planned to be launched in March 2022, but the Russia-Ukraine crisis derailed those plans as stock markets were highly volatile. 

Previously, the government was expecting to garner over ₹ 60,000 crore by selling about 31.6 crore or 5 per cent stake in the life insurance firm to meet the curtailed disinvestment target of ₹ 78,000 crore in 2021-22.  But the drastic lowering of ambitions for the IPO would be a setback for the government and challenge its fiscal balances as the disinvestment was positioned and aimed at replenishing the state's coffers.

LIC IPO sees ‘excellent’ response from anchor investors

May 2, 2022; LIC’s initial public offering on Monday saw ‘excellent’ response from anchor investors, an official said.5

The government is selling 22,13,74,920 shares in Life Insurance Corporation (LIC) at a price band of Rs 902-949 a share, targeting to raise about Rs 21,000 crore. The issue would be open for subscription for institutional and retail buyers from May 4-9.

The issue opened for anchor investor subscription on Monday and saw ‘excellent’ response, an official said, adding that the details of price bids would be known later in the day.

The LIC share sale would be the biggest ever amount raised through an initial public offering in the Indian stock market. The previous such high fund raising was seen in IPO of PayTM in 2021 at Rs 18,300 crore and Coal India in 2010 at Rs 15,200 crore.

Of the over 22.13 crore LIC shares on offer, over 9.88 crore shares are reserved for qualified institutional buyers and over 2.96 crore shares for non-institutional buyers.

Up to 15,81,249 shares and 2,21,37,492 shares are reserved for employees and policyholders.

While retail investors and LIC employees will get a discount of Rs 45 per share, LIC policyholders bidding in IPO would get a discount of Rs 60 a share.

LIC would start trading on the stock exchanges on May 17.

LIC’s embedded value, which is a measure of the consolidated shareholders value in an insurance company, was pegged at about Rs 5.4 lakh crore as of September 30, 2021, by international actuarial firm Milliman Advisors.

Based on investor feedback, the market value of government-owned LIC has been pegged at 1.1 times its embedded value or Rs 6 lakh crore.

References

  1. ^ https://licindia.in/Top-Links/about-us/History
  2. ^ https://licindia.in/getattachment/Bottom-Links/annual-report/LIC-Annual-Report-2021.pdf.aspx
  3. ^ https://www.news18.com/news/business/markets/lic-listing-live-updates-lic-share-price-lic-share-price-on-bse-nse-lic-stock-listing-price-lic-listing-day-strategy-livenews-5187967.html
  4. ^ https://www.ndtv.com/business/lic-ipo-likely-to-open-on-may-4-and-close-on-may-9-sources-2919445
  5. ^ https://www.financialexpress.com/market/ipo-news/lic-ipo-sees-excellent-response-from-anchor-investors/2510902/
Tags: IN:LICI
Created by Asif Farooqui on 2021/09/20 19:42
     

Become a Contributor

If you follow a company closely and would like to share your knowledge, we would love your contributions. Register Now and start editing!

Tag Cloud

  1. AU:DTL
  2. AU:PNC
  3. AU:SSR
  4. Bangladesh
  5. BD:ACI
  6. BD:AMCL(PRAN)
  7. BD:BATBC
  8. BD:BERGERPBL
  9. BD:BEXIMCO
  10. BD:BSRMLTD
  11. BD:GP
  12. BD:KOHINOOR
  13. BD:LANKABAFIN
  14. BD:MARICO
  15. BD:PREMIERCEM
  16. BD:RBBL
  17. BD:RENATA
  18. BD:ROBI
  19. BD:SINGERBD
  20. BD:SQURPHARMA
  21. BD:WALTONHIL
  22. CA:ABX
  23. CA:AC
  24. CA:AEM
  25. CA:AFI
  26. CA:AGI
  27. CA:BAM.A
  28. CA:BCE
  29. CA:BLDP
  30. CA:BMO
  31. CA:BNS
  32. CA:BTO
  33. CA:CCO
  34. CA:CM
  35. CA:CNQ
  36. CA:CNR.TO
  37. CA:CP
  38. CA:CSU
  39. CA:CU
  40. CA:CVE
  41. CA:EMA
  42. CA:ENB
  43. CA:FFH
  44. CA:FM
  45. CA:FSV
  46. CA:FTS
  47. CA:GFL
  48. CA:GIB
  49. CA:GWO
  50. CA:IFC
  51. CA:IMO
  52. CA:K
  53. CA:LULU
  54. CA:MFC
  55. CA:MG
  56. CA:MRU
  57. CA:MX
  58. CA:NA
  59. CA:NG
  60. CA:NTR
  61. CA:OTEX
  62. CA:POW
  63. CA:PVG
  64. CA:QSR
  65. CA:RBA
  66. CA:RCI.A
  67. CA:RY
  68. CA:SHOP
  69. CA:SJR.B
  70. CA:SLF
  71. CA:SSRM
  72. CA:SU
  73. CA:T
  74. CA:TA
  75. CA:TARD
  76. CA:TD
  77. CA:TECK
  78. CA:TFII
  79. CA:TRI
  80. CA:TRP
  81. CA:WEED
  82. CA:X
  83. CA:YRI
  84. Canada
  85. CH:ALSN
  86. CH:NESN
  87. CIPLA
  88. DE:TIMA
  89. EU:CCAP
  90. EU:HHFA
  91. FR:CEN
  92. FR:HCO
  93. GB:AAL
  94. GB:ABDN
  95. GB:ABF
  96. GB:ADM
  97. GB:AHT
  98. GB:ANTO
  99. GB:AUTO
  100. GB:AUY
  101. GB:AV
  102. GB:AVST
  103. GB:AVV
  104. GB:AZN
  105. GB:BA
  106. GB:BARC
  107. GB:BATS
  108. GB:BDEV
  109. GB:BHP
  110. GB:BME
  111. GB:BP
  112. GB:CCH
  113. GB:CPG
  114. GB:CTO
  115. GB:DARK
  116. GB:DGE
  117. GB:FERG
  118. GB:GLEN
  119. GB:HL
  120. GB:HSBA
  121. GB:IHG
  122. GB:III
  123. GB:IMB
  124. GB:INCH
  125. GB:NWG
  126. GB:NXR
  127. GB:OCDO
  128. GB:REL
  129. GB:RKT
  130. GB:SGE
  131. GB:SGRO
  132. GB:SKG
  133. GB:SMIN
  134. GB:SN
  135. GB:STAN
  136. GB:STJ
  137. GB:ULVR
  138. Great Britain
  139. HK:0995
  140. HK:1052
  141. HK:107
  142. HK:189
  143. HK:548
  144. HK:819
  145. HK:995
  146. IN:3MINDIA
  147. IN:ADANITRANS
  148. IN:BHARATFORG
  149. IN:CIPLA
  150. IN:CROMPTON
  151. IN:GODREJIND
  152. IN:HDFCAMC
  153. IN:IDEA
  154. IN:INDUSTOWER
  155. IN:LICI
  156. IN:LUPIN
  157. IN:LUPINE
  158. IN:MFSL
  159. IN:MOFSL
  160. IN:MOTHERSUMI
  161. IN:MUTHOOTFIN
  162. IN:NATCOPHARM
  163. IN:NATIONALUM
  164. IN:NBCC
  165. IN:NESTLEIND
  166. IN:NIACL
  167. IN:NMDC
  168. IN:OBEROIRLTY
  169. IN:OFSS
  170. IN:PAGEIND
  171. IN:PAYTM
  172. IN:PEL
  173. IN:PETRONET
  174. IN:PFIZER
  175. IN:PGHH
  176. IN:PIDILITIND
  177. IN:PIIND
  178. IN:PNB
  179. IN:PNBHOUSING
  180. IN:POWERGRID
  181. IN:QUESS
  182. IN:RAMCOCEM
  183. IN:RELAXO
  184. IN:SAIL
  185. IN:SANOFI
  186. IN:SBILIFE
  187. IN:SIEMENS
  188. IN:SRF
  189. IN:SUPREMEIND
  190. IN:TATAPOWER
  191. IN:TECHM
  192. IN:TITAN
  193. IN:TORNTPHARM
  194. IN:TORNTPOWER
  195. IN:TRENT
  196. IN:TVSMOTOR
  197. IN:UBL
  198. IN:ULTRACEMCO
  199. IN:UNIONBANK
  200. IN:UPL
  201. IN:VBL
  202. IN:WHIRLPOOL
  203. IN:ZEEL
  204. India
  205. Ireland
  206. JP:1070
  207. JP:2654
  208. JP:4220
  209. JP:4734
  210. JP:6916
  211. SG:BCY
  212. SG:F13
  213. UK:IHG
  214. US:AABA
  215. US:AAOI
  216. US:AAPL
  217. US:AAUKF
  218. US:ABEO
  219. US:ABUS
  220. US:ACAD
  221. US:ACAN
  222. US:ACBFF
  223. US:ACDVF
  224. US:ACHN
  225. US:ACIA
  226. US:ACRX
  227. US:ADAP
  228. US:ADMP
  229. US:ADMS
  230. US:ADXS
  231. US:AEM
  232. US:AEZS
  233. US:AFMD
  234. US:AGEN
  235. US:AGI
  236. US:AGRX
  237. US:AGTK
  238. US:AKAO
  239. US:ALDR
  240. US:ALIM
  241. US:ALQA
  242. US:AMC
  243. US:AMD
  244. US:AMDA
  245. US:AMIGF
  246. US:AMMJ
  247. US:AMN
  248. US:AMPE
  249. US:AMRN
  250. US:AMRS
  251. US:AMZN
  252. US:ANCUF
  253. US:ANFGF
  254. US:ANLDF
  255. US:ANTH
  256. US:ANY
  257. US:APHQF
  258. US:AQMS
  259. US:AQSZF
  260. US:ARDX
  261. US:ARGS
  262. US:ARLZ
  263. US:ARNA
  264. US:ARRY
  265. US:ARWR
  266. US:ASBFF
  267. US:ASHTF
  268. US:ATDRY
  269. US:ATHX
  270. US:ATNM
  271. US:ATOS
  272. US:ATRS
  273. US:AUPH
  274. US:AUY
  275. US:AVASF
  276. US:AVEO
  277. US:AVEVF
  278. US:AVGR
  279. US:AVIR
  280. US:AVP
  281. US:AVVIY
  282. US:AVXL
  283. US:AXON
  284. US:AXSM
  285. US:AZN
  286. US:BABA
  287. US:BAC
  288. US:BAESF
  289. US:BAM
  290. US:BBRY
  291. US:BCE
  292. US:BCOR
  293. US:BCS
  294. US:BHC
  295. US:BHP
  296. US:BIOA
  297. US:BIOC
  298. US:BLCM
  299. US:BLDP
  300. US:BLEVF
  301. US:BLOZF
  302. US:BLPH
  303. US:BLRX
  304. US:BMO
  305. US:BMRPF
  306. US:BNS
  307. US:BP
  308. US:BPMX
  309. US:BSTG
  310. US:BTDPF
  311. US:BTE
  312. US:BTG
  313. US:BTI
  314. US:BW
  315. US:BZUN
  316. US:CALA
  317. US:CANN
  318. US:CAPR
  319. US:CARA
  320. US:CASC
  321. US:CATB
  322. US:CBDS
  323. US:CCJ
  324. US:CEI
  325. US:CERC
  326. US:CERU
  327. US:CHK
  328. US:CIE
  329. US:CLDX
  330. US:CLF
  331. US:CLOV
  332. US:CLSN
  333. US:CLVS
  334. US:CM
  335. US:CMPGF
  336. US:CNAB
  337. US:CNAT
  338. US:CNBX
  339. US:CNI
  340. US:CNQ
  341. US:CNSWF
  342. US:CORT
  343. US:CP
  344. US:CPRX
  345. US:CRBP
  346. US:CRIS
  347. US:CRMD
  348. US:CTRV
  349. US:CU
  350. US:CUR
  351. US:CVE
  352. US:CVSI
  353. US:CYCC
  354. US:CYTR
  355. US:CYTX
  356. US:DCTH
  357. US:DEPO
  358. US:DGEAF
  359. US:DMPI
  360. US:DRKTF
  361. US:DRYS
  362. US:DVAX
  363. US:DXTR
  364. US:DYLLF
  365. US:EARS
  366. US:ECYT
  367. US:EDIT
  368. US:EGLT
  369. US:EKSO
  370. US:ELVT
  371. US:ENB
  372. US:ENDP
  373. US:ENRT
  374. US:ETRM
  375. US:EVC
  376. US:EXEL
  377. US:FATE
  378. US:FB
  379. US:FERG
  380. US:FINL
  381. US:FIT
  382. US:FLXN
  383. US:FOLD
  384. US:FQVLF
  385. US:FRFHF
  386. US:FSV
  387. US:FTR
  388. US:FTS
  389. US:FVE
  390. US:FWDG
  391. US:GALE
  392. US:GALT
  393. US:GBHPF
  394. US:GBT
  395. US:GERN
  396. US:GFL
  397. US:GIB
  398. US:GILD
  399. US:GLDFF
  400. US:GLEN
  401. US:GLYC
  402. US:GME
  403. US:GNCA
  404. US:GNMX
  405. US:GOLD
  406. US:GPRO
  407. US:GSAT
  408. US:GVXXF
  409. US:GWLIFU
  410. US:HLTH
  411. US:HMNY
  412. US:HRGLF
  413. US:HRTX
  414. US:HSBA
  415. US:HTGM
  416. US:HTZ
  417. US:HUSA
  418. US:ICPT
  419. US:IDRA
  420. US:IDXG
  421. US:IFCZF
  422. US:IHG
  423. US:IMBBF
  424. US:IMGN
  425. US:IMMU
  426. US:IMNP
  427. US:IMO
  428. US:IMUC
  429. US:INFI
  430. US:INPX
  431. US:INSM
  432. US:INVA
  433. US:ITEK
  434. US:IVITF
  435. US:JD
  436. US:JOBS
  437. US:JVA
  438. US:KAYS
  439. US:KEM
  440. US:KERX
  441. US:KGC
  442. US:KTOS
  443. US:KTOV
  444. US:LKM
  445. US:LODE
  446. US:LPCN
  447. US:LULU
  448. US:LXRP
  449. US:MACK
  450. US:MARA
  451. US:MBOT
  452. US:MBRX
  453. US:MDCL
  454. US:MDCO
  455. US:MEET
  456. US:MEIP
  457. US:MEOH
  458. US:MFC
  459. US:MGA
  460. US:MGWFF
  461. US:MNKD
  462. US:MOMO
  463. US:MQPXF
  464. US:MRNS
  465. US:MRTX
  466. US:MSFT
  467. US:MTRAFU
  468. US:MU
  469. US:MVIS
  470. US:MZOR
  471. US:NAK
  472. US:NBEV
  473. US:NBRV
  474. US:NEOS
  475. US:NG
  476. US:NH
  477. US:NLNK
  478. US:NMUS
  479. US:NTIOF
  480. US:NTNX
  481. US:NTR
  482. US:NVAX
  483. US:NVCN
  484. US:NVDA
  485. US:NVRO
  486. US:NWBO
  487. US:NWG
  488. US:NXTTF
  489. US:NYMX
  490. US:OCDGF
  491. US:OCLR
  492. US:OCUL
  493. US:OGRMF
  494. US:OMER
  495. US:ONCS
  496. US:ONTX
  497. US:ONVO
  498. US:OPGN
  499. US:OPHT
  500. US:OPK
  501. US:OPTT
  502. US:OTEX
  503. US:OTIC
  504. US:P
  505. US:PANXF
  506. US:PBYI
  507. US:PETS
  508. US:PETX
  509. US:PGNX
  510. US:PHOT
  511. US:PIRS
  512. US:PLSE
  513. US:PLUG
  514. US:PLX
  515. US:PRTO
  516. US:PSDV
  517. US:PTI
  518. US:PTN
  519. US:PTX
  520. US:PUFXF
  521. US:PULM
  522. US:PVG
  523. US:QRSRF
  524. US:QSR
  525. US:RAD
  526. US:RBA
  527. US:RBGPF
  528. US:RCI
  529. US:RCKT
  530. US:RDHL
  531. US:RDUS
  532. US:RELX
  533. US:REPH
  534. US:RGLS
  535. US:RIGL
  536. US:RNN
  537. US:RNVA
  538. US:ROX
  539. US:RSSFF
  540. US:RTTR
  541. US:RY
  542. US:SCYX
  543. US:SDRL
  544. US:SEGXF
  545. US:SENS
  546. US:SESN
  547. US:SGBY
  548. US:SGGEF
  549. US:SGMO
  550. US:SGYP
  551. US:SHOP
  552. US:SJR
  553. US:SKLN
  554. US:SLF
  555. US:SLFPF
  556. US:SMFTF
  557. US:SMGKF
  558. US:SNAP
  559. US:SNN
  560. US:SPHS
  561. US:SPLIF
  562. US:SPRWF
  563. US:SQ
  564. US:SRNA
  565. US:SRNE
  566. US:SRRA
  567. US:SSRM
  568. US:STJPF
  569. US:STLY
  570. US:STML
  571. US:STMP
  572. US:STRRF
  573. US:SU
  574. US:SWN
  575. US:SYN
  576. US:TAC
  577. US:TBQBF
  578. US:TD
  579. US:TECK
  580. US:TENX
  581. US:TEVA
  582. US:TFII
  583. US:TGOPF
  584. US:TGTX
  585. US:THCBF
  586. US:TK
  587. US:TMXXF
  588. US:TNDM
  589. US:TOP
  590. US:TRI
  591. US:TROV
  592. US:TRP
  593. US:TRTC
  594. US:TRVN
  595. US:TRXC
  596. US:TSG
  597. US:TSLA
  598. US:TTM
  599. US:TTNP
  600. US:TTNQY
  601. US:TU
  602. US:TVTY
  603. US:TWTR
  604. US:TXMD
  605. US:UBQU
  606. US:UNXL
  607. US:VAPE
  608. US:VBLT
  609. US:VCEL
  610. US:VDQSF
  611. US:VPCO
  612. US:VSTM
  613. US:WIT
  614. US:WLDFF
  615. US:WLL
  616. US:WMIH
  617. US:WMT
  618. US:XGTI
  619. US:XON
  620. US:XTNT
  621. US:XXII
  622. US:ZGNX
  623. US:ZSAN
  624. US:ZYNE
This site is funded and maintained by Fintel.io