Life Insurance Corporation Of India Company Profile

Aggregated data from the web about Life Insurance Corporation Of India

Company Name	Life Insurance Corporation Of India
Website	https://licindia.in
Snippet	Life Insurance Corporation, popularly known as LIC is Indian state-owned insurance group and investment company. Buy Life Insurance Plans and Policies from lic of india Avail tax benefits with multiple cover options.
Type	Statutory Corporation established by an Act of Parliament- LIC Act 1956
Owner	Government of India (100%)
Parent	Ministry of Finance , Government of India
Founded	1956
Revenue	₹56,078,439 lakh (US$79 billion) (2019)[1]
Website	www.licindia.in
Industry	Insurance and Financial services
Products	Life insurance, Health insurance, Investment management, Mutual fund
Key people	M R Kumar (Chairman), Mukesh Gupta(Managing Director)Vipin Anand(Managing Director), Siddharth Mohanty(Managing Director), Rajkumar(Managing Director)
Net income	₹268,849 lakh (US$380 million) (2019)[1]
Headquarters	Mumbai, India
Subsidiaries	LIC Housing Finance, LIC International Ltd, LIC Cards Services Ltd, LIC Mutual Fund Ltd, LIC Pension Fund Ltd, Industrial Development Bank of India
Total assets	₹311,184,727 lakh (US$440 billion) (2019)[1]
Operating income	₹270,348 lakh (US$380 million) (2019)[1]
Number of employees	114,000 (2020)[1]

Life Insurance Corporation Of India is part of the India company list

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