Life Insurance Corporation of India

URI: https://gptkb.org/entity/Life_Insurance_Corporation_of_India
GPTKB entity
Statements (51)
Predicate Object
gptkbp:instanceOf gptkb:insurance
gptkbp:abbreviation gptkb:LIC
gptkbp:assetsUnderManagement over ₹45 trillion (2023)
gptkbp:category gptkb:financial_services_company
gptkb:government
gptkb:state-owned_enterprise
Fortune Global 500 company
gptkbp:country gptkb:India
gptkbp:firstChampion gptkb:C._D._Deshmukh
gptkbp:founded 1 September 1956
gptkbp:headquarters_location gptkb:Mumbai
https://www.w3.org/2000/01/rdf-schema#label Life Insurance Corporation of India
gptkbp:industry gptkb:insurance
gptkbp:IPODate 2022
gptkbp:ISIN INE0J8B01017
gptkbp:keyPerson gptkb:M_R_Kumar
gptkb:Siddhartha_Mohanty
gptkbp:listedOn gptkb:Bombay_Stock_Exchange
gptkb:National_Stock_Exchange_of_India
gptkbp:logo LIC logo.svg
gptkbp:market_share_in_India_(life_insurance) over 60% (2023)
gptkbp:motto gptkb:Yogakshemam_Vahamyaham
Your welfare is our responsibility
gptkbp:netIncome ₹36,397 crore (FY 2022-23)
gptkbp:number_of_agents over 1.3 million
gptkbp:number_of_divisional_offices 113
gptkbp:number_of_policyholders over 250 million
gptkbp:number_of_satellite_offices over 1,500
gptkbp:number_of_zonal_offices 8
gptkbp:numberOfEmployees over 100,000
gptkbp:numberOfLocations over 2,000
gptkbp:owner gptkb:Government_of_India
gptkbp:parentOrganization gptkb:Ministry_of_Finance,_Government_of_India
gptkbp:products gptkb:insurance
life insurance
investment management
gptkbp:regulates gptkb:IRDAI
gptkbp:revenue ₹7.5 trillion (FY 2022-23)
gptkbp:servesArea gptkb:India
international (select countries)
gptkbp:stockExchange gptkb:NSE
BSE
gptkbp:subsidiary gptkb:LIC_Pension_Fund
gptkb:LIC_Cards_Services
gptkb:LIC_Housing_Finance
gptkb:LIC_International
gptkb:LIC_Mutual_Fund
gptkbp:type gptkb:government
gptkbp:website https://licindia.in/
gptkbp:bfsParent gptkb:Government_of_India
gptkbp:bfsLayer 4