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Life Insurance Corporation of India (LIC) is an Indian public multinational public sector life insurance company headquartered in Mumbai. It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$660 billion) as of March 2024. [3]
IN. Internet TLD. .in ( others) India, officially the Republic of India ( ISO: Bhārat Gaṇarājya ), [21] is a country in South Asia. It is the seventh-largest country by area; the most populous country as of June 2023; [22] [23] and from the time of its independence in 1947, the world's most populous democracy.
Life insurance in India. Life insurance is one of the growing sectors in India since 2000 as Government allowed Private players and FDI up to 26% and recently Cabinet approved a proposal to increase it to 49%. In 1955, mean risk per policy of Indian and foreign life insurers amounted respectively to ₹2,950 & ₹7,859 [1] (worth ₹15 lakh ...
India, Sri Lanka, Middle East, Mauritius, & Worldwide. Indian Oil Corporation Limited ( IOCL or IOC ), trading as IndianOil, is an Indian oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Registered in Mumbai but headquartered in New Delhi, [4] it is a public sector undertaking whose ...
Indian political party Indian National Developmental Inclusive Alliance Abbreviation I.N.D.I.A Chairperson Mallikarjun Kharge Founder Mallikarjun Kharge (INC) Rahul Gandhi (INC) Nitish Kumar (JD(U)) Mamata Banerjee (AITC) Arvind Kejriwal (AAP) Akhilesh Yadav (SP) D. Raja (CPI) Farooq Abdullah (JKNC) Hemant Soren (JMM) Lalu Prasad Yadav (RJD) Mehbooba Mufti (PDP) M. K. Stalin (DMK) Sharad Pawar ...
LIC Building is a 15-storied building in Chennai, India, serving as the southern headquarters of the Life Insurance Corporation of India. It is the first skyscraper built in India [4] [5] and an important landmark in the city. Located on the arterial Anna Salai (formerly Mount Road), the building is 54 m (177 ft) tall.
ICICI Prudential Life Insurance Company Limited is an Indian life insurance company in India. Established as a joint venture between ICICI Bank Limited [6] and Prudential Corporation Holdings Limited, [7] ICICI Prudential Life is engaged in life insurance and asset management business. In 2016, the company became the first insurance company in ...
By 2020 Indian Insurance is a US$280 billion industry. However, only 500 million people (36.23% of the total population of 1 billion) are covered under Mediclaim. [5] With more and more private companies in the sector, this situation is expected to grow more. ECGC, ESIC and AIC provide insurance services for niche markets.