LIC 56 years of Trust
Strengths Total Life Fund - 12,83, crores as on Assets - more than 14,17, Crores Customers - 30 Crores Only Three Countries viz. US, India & China. have population greater than no. of LIC’s Customers Claims performance best in the world Settled 1.86 Cr claims with Rs 66, Crs Outstanding claim ratio best in the world Investment in Five Year Plan – 7,04,151 Cr
Strengths International Operations – UK, FIJI, Mauritius, Behrain, Nepal, Sri Lanka, Singapore Qatar, Kuwait, UAE, Saudi Arabia Oman, Kenya Agency Force – Lacs Offices : 113 Divisional Offices 3500 Servicing Offices 73 Customer Zones 25 Metro Area Service Hubs IVRS Centres in 15 major cities
Financial Results for Valuation Surplus after Tax - 22,752 Crs Govt 5% Crs 95% distributed to Policyholders - 21,614 Crs Total Gross Income - 2,87, Crs Total Premium Income - 2,02, Crs Total Policy Payments - 1,18, Crs O/S Claim Ratio(Mty+SB)-0.50% O/S Claim Ratio (Death) -1.22%
NB & Market Share Market Share As at – Pol % Prem % As at – Pol % Prem % New Business Performance as at Policies Crs First Year Premium Income Crs
Profit & Loss - Life Insurers Company (In CRs)_ (In CRs)Upto (in CRs)Upto (in CRs) LIC BIRLA SUNLIFE ICICI PRUDENTIAL ING VYASA HDFC STANDARD MAX NEW YORK LIFE RELIANCE LIFE BAJAJ ALLIANZ SBI LIFE KOTAK MAHINDRA TATA AIG MET LIFE AVIVA LIFE SAHARA BHARTI AXA FUTURE GENERALI IDBI FEDRAL Aegon RELIGARE CANARA HSBC DLF PREMICA STAR UNION DIACHI INDIA FIRST
Death Claims-Settled Claims Paid (%age)Claims Repudiated (%age) Claims pending at the yr end (%age) LIC Aegon Religare Aviva Bajaj Allianz Bharti AXA Birla Sunlife Canara HSBC DLF Premica Future Generali HDFC Std ICICI Pru IDBI Fortis India First ING Vyasa Kotak Mahindra Max New York Met Life Reliance Life Sahara SBI Life Shriram Star Union Tata AIG Private Total
Awards Won 1.CNBC TV18- Best Life Insurance Company 2.Readers Digest Trusted Brand – Platinum category 3. Business Super Brands Asian Leadership Awards- Asia’s Most Preferred Brand in Insurance 5. Most Trusted Brand in Insurance by ET Brand Equity. 6. Outlook Money- Best Life Insurer Award. 7. Preferred Brand of Life Insurances by Dainik Purvoday NE Consumer Awards Global Award for Brand Excellence 2011 by World Brand Congress. 8. Special Award for Consumer Service(Corporate) By Consumer Association of India. 9. Golden Peacock Innovative Product Award for Jeevan Arogya. 10.Bombay Chamber of Commerce & Industry – Good Corporate Citizen Award. 11.Indy’s Award for Best Corporate Film of the year
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