The Life Insurance Corporation of India (LIC) completed its 55 successful years on 1st September. The company is the market leader in life insurance having 78% share in terms of the number of policies. LIC has offices in various offshore locations including Mauritius, Fiji, UK, Nepal, Bahrain, Singapore and Kenya.
In year 2010-11, the corporation's total assets were Rs. 1.3 lakh crore and the income generated was Rs. 2.99 lakh crore.
In year 2010-11, the corporation's total assets were Rs. 1.3 lakh crore and the income generated was Rs. 2.99 lakh crore.
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