LIFE INSURANCE CORPORATION OF INDIA

life-insurance-corporation-of-india-logo

The Life Insurance Corporation of India (LIC) is the largest state-owned life insurance company in India, and also the country's largest investor. It is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government's expenses. It has assets estimated of 9.31 trillion (US $202.03 billion). It was founded in 1956 with the merger of more than 200 insurance companies and provident societies.

#SimilarOrganizations #People #Financial #More

LIFE INSURANCE CORPORATION OF INDIA

Social Links:

Industry:
Insurance

Founded:
1956-01-01

Status:
Active

Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Tag Manager Font Awesome Apache Nginx Euro Cloudflare JS


Similar Organizations

sbi-life-logo

SBI Life

SBI Life is one of the life insurance company that offers a range of life insurance plans and policies to protect you and your family.


Current Advisors List

dinesh-mittal_image

Dinesh Mittal Member of the Board of Directors @ Life Insurance Corporation of India
Board_member

Current Employees Featured

not_available_image

Sunil Agrawal
Sunil Agrawal CFO @ Life Insurance Corporation of India
CFO

suryakanth-mainak_image

Suryakanth Mainak
Suryakanth Mainak Managing Director @ Life Insurance Corporation of India
Managing Director

shubhangi-s-soman_image

Shubhangi S. Soman
Shubhangi S. Soman Executive Director (F&A) & CFO @ Life Insurance Corporation of India
Executive Director (F&A) & CFO

sanjeev-nautiyal_image

Sanjeev Nautiyal
Sanjeev Nautiyal Independent Director: LIC (Life Insurance Corporation of India) @ Life Insurance Corporation of India
Independent Director: LIC (Life Insurance Corporation of India)
2022-01-01

Acquisitions List

Date Company Article Price
2018-07-15 IDBI Bank IDBI Bank acquired by Life Insurance Corporation of India N/A

Investments List

Date Company Article Money raised
2022-07-13 Indiabulls Housing Finance Life Insurance Corporation of India investment in Post-IPO Debt - Indiabulls Housing Finance 5 B INR
2017-12-19 Axis Bank Life Insurance Corporation of India investment in Post-IPO Equity - Axis Bank 116.26 B INR
2007-03-03 Financial Information Network & Operations Pvt Life Insurance Corporation of India investment in Venture Round - Financial Information Network & Operations Pvt 20 M USD

More informations about "Life Insurance Corporation of India"

ORGANIZATIONAL STRUCTURE OF LIC - eguru.rrbdavc.org

Organization structure of Life Insurance Corporation of India has four-tier structure. They are (A) Central Office (B) Zonal Offices (Seven) (C) Divisional Offices (100) (D) Branch Offices (2048). โ€ฆSee details»

Life Insurance Corporation - Wikipedia

The Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai. ... The LIC Golden Jubilee Foundation was established in 2006 as โ€ฆSee details»

Life Insurance Corporation Functions and Organization

Aug 21, 2024 The Life Insurance Corporation of India was formed by merging 245 private life insurance companies and provident societies under the Life Insurance of India Act, 1956. โ€ฆSee details»

Life Insurance Corporation of India (LIC) - MBA Knowledge Base

The Life Insurance Corporation (LIC) was established in India with a view to provide an insurance cover against various risks in life. A monolith then, the corporation, enjoyed a monopoly status โ€ฆSee details»

About the LIC of India PDF: Types, Mission, Vision - Guidely

Mar 31, 2025 LIC of India, the full form is Life Insurance Corporation of India.LIC is an Indian multinational public sector life insurance company headquartered in Mumbai.This organization โ€ฆSee details»

Life Insurance Corporation of India Org Chart + Executive Team

Apr 10, 2025 The org chart of Life Insurance Corporation of India contains its 32 main executives like Siddhartha Mohanty, Sunil Agrawal, Vivek Paul and Puneet Kumar.See details»

What are the Functions of LIC? Understanding the Role โ€ฆ

Sep 28, 2023 Life Insurance Corporation has started its journey as a corporate firm from 1st September 1956. Its all working is governed by the LIC Act. ... LIC, or Life Insurance Corporation of India, is a state-owned insurance company โ€ฆSee details»

Life Insurance Corporation of India Company Summary

4 days ago Life Insurance Corporation of India was established on September 1, 1956 under the Life Insurance Corporation Act, 1956. ... This Certificate Demonstrates That IIFL As An โ€ฆSee details»

Life Insurance Corporation of India (LIC): Management, Objectives โ€ฆ

The Life Insurance Corporation of India (LIC) came into existence on July 1, 1956 and the LIC began to function on September 1, 1956. ADVERTISEMENTS: The LIC gets a large amount โ€ฆSee details»

LIC: Understanding Life Insurance Corporation of India - Vedantu

LIC stands for Life Insurance Corporation of India. It started its operations as a corporate firm in September 1956 after the Life Insurance of India Act was passed by Indiaโ€™s Parliament in June โ€ฆSee details»

Organization Chart - Life Insurance Corporation of India

Content on this website is published and managed by Life Insurance Corporation of India. Corporate Office : Yogakshema Building, Jeevan Bima Marg, P.O. Box No โ€“ 19953, Mumbai โ€“ โ€ฆSee details»

Life Insurance Corporation of India

Feb 20, 2020 Life Insurance Corporation of India (LIC) is the biggest provider of insurance and investment services in India. It is a publicly held organization held totally by the Union โ€ฆSee details»

Life Insurance Corporation of India Company Description

May 9, 2025 Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It offers insurance plans, including endowment, whole life, โ€ฆSee details»

LIC, Historical Background, Headquarter, Latest News - Vajiram

LIC Latest News. LIC Agents Protest Against New Insurance Rules. About LIC. Life Insurance Corporation of India (LIC) is the largest public sector life insurance company and institutional โ€ฆSee details»

What Is Life Insurance Cooperation (LIC) Of India? - Facts

Jul 6, 2023 LIC, or Life Insurance Corporation of India, is a government-owned insurance and investment company. Established in 1956, LIC is the largest life insurance company in India โ€ฆSee details»

The particulars of LIC - Life Insurance Corporation of India

Life Insurance Corporation of India is a statutory Corporation established under Section 3 of LIC Act, 1956. The Life Insurance Corporation of India came into existence on 1st September, โ€ฆSee details»

About Us - LIC India - Life Insurance Corporation of India

Organization Chart; Operations; Know About Your Life Insurance; ... Every day we wake up to the fact that more than 250 million lives are part of our family called Life Insurance Corporation. ...See details»

LIC History - Life Insurance Corporation of India

The Parliament of India passed the Life Insurance Corporation Act on the 19th of June 1956, and the Life Insurance Corporation of India was created on 1st September, 1956, with the objective โ€ฆSee details»

LIC hikes stake in Bank of India to 8.38 pc - The Economic Times

4 days ago Life Insurance Corporation (LIC) has hiked its stake in Bank of India (BoI) to 8.38 per cent as of May 9. LIC has bought about 2.026 per cent stake in public sector BoI between โ€ฆSee details»

LIC hikes stake in Bank of India to 8.38% - ETCFO

4 days ago Life Insurance Corporation has hiked its stake in Bank of India to 8.38 per cent as of May 9.LIC has bought about 2.026 per cent stake in public sector BoI between September 2, โ€ฆSee details»

linkstock.net © 2022. All rights reserved