Business description: Life Insurance Corporation of India

Life Insurance Corporation of India is an India-based insurance company. The Company is engaged in the business of life insurance in and outside India. It offers a range of individual and group insurance solutions including participating, non-participating and unit linked lines of businesses. The portfolio comprises various insurance and investment products such as protection, pension, savings, investment, annuity, health, and variable. Its segments include Participating Life Individual, Participating Pension Individual, Participating Annuity Individual, Non-Participating Life (Individual & Group), Non-Participating Pension (Individual & Group), Non-Participating Annuity Individual, Non-Participating Variable individual, Non-Participating Health individual, Non-Participating Unit Linked and Capital Redemption, and Annuity Certain Business (CRAC). Its endowment plans include Bima Jyoti, Bima Ratna, Dhan Sanchay, Single Premium Endowment Plan, Jeevan Labh, and others.

Number of employees: 98,661

Sales by Activity: Life Insurance Corporation of India

Fiscal Period: March20202021202220232024

Non Linked Business -Life - Participating

4,049B 4,416B 4,711B 4,777B 5,073B

Non Linked Business -Pension -Non Participating

1,347B 1,354B 1,503B 1,785B 1,644B

Non Linked Business -Life -Non Participating

534B 620B 714B 1,004B 1,301B

Non Linked Business -Annuity -Non Participating

205B 266B 202B 240B 253B

Linked Business - Non Participating

-8.93B 133B 81.33B 57.75B 129B

Non Linked Business -Penison - Participating

28.28B 28.31B 28.85B 34.38B 34.57B

Non Linked Business -Annuity - Participating

1.17B 1.51B 1.17B 3.39B 3.58B

Capital Redemption and Annuity Certain Business (CRAC)

- - 193M 190M 176M

Non Linked Business -Variable -Non Participating

832M 805M 396M 193M 146M

Non Linked Business -Health -Non Participating

2.96B 3.18B 3.32B 3.12B 2.96B

Subsidiaries\Inter Company Adjustments

297B 215B - - -
See all business segments

Geographical breakdown of sales: Life Insurance Corporation of India

Fiscal Period: March20202021202220232024

India

6,424B 6,978B 7,278B 7,930B 8,481B
See all geographic segments

Managers: Life Insurance Corporation of India

Director TitleAgeSince
Chief Executive Officer 60 2021-02-01
Director of Finance/CFO - 2022-03-31
Chief Tech/Sci/R&D Officer - -
Compliance Officer - 2023-04-10
Chief Investment Officer - 2023-04-09
See LIFE INSURANCE CORPORATION OF INDIA governance

Members of the board: Life Insurance Corporation of India

Manager TitleAgeSince
Chairman 60 2023-03-13
Director/Board Member 57 2021-10-28
Director/Board Member 58 2021-10-28
Director/Board Member 62 2022-01-19
Director/Board Member 67 2022-01-28
Director/Board Member 68 2022-01-28
Director/Board Member 54 2022-01-28
Director/Board Member 62 2022-01-28
Director/Board Member 55 2022-01-28
Director/Board Member - -
Composition of the Board of Directors

Shareholders: Life Insurance Corporation of India

NameEquities%Valuation
Government of India
96.5 %
6,103,622,781 96.5 % 63 579 M ₹
quant Money Managers Ltd.
0.5565 %
35,199,051 0.5565 % 367 M ₹
SBI Funds Management Ltd.
0.1897 %
11,995,588 0.1897 % 125 M ₹
Kotak Mahindra Asset Management Co. Ltd.
0.0679 %
4,295,107 0.0679 % 45 M ₹
HDFC Asset Management Co. Ltd. (Invt Mgmt)
0.0409 %
2,589,156 0.0409 % 27 M ₹
List of LIFE INSURANCE CORPORATION OF INDIA shareholders

Holdings: Life Insurance Corporation of India

NameEquities%Valuation
70,109,2752.92%1,543,220,823 $
9,371,7461.51%746,707,452 $
14,830,4435%387,590,958 $
11,524,7212.41%174,875,655 $
3,505,3477.07%132,934,081 $
1,369,8335.95%78,836,752 $
6,586,4646.22%14,078,633 $
2,699,4452.92%5,211,980 $
2,395,1572.05%3,394,919 $
3,71112.37%188,880 $

Company details: Life Insurance Corporation of India

Life Insurance Corporation of India

Yogakshema Building Jeevan Bima Marg

400021, Mumbai

+

http://www.licindia.com
address Life Insurance Corporation of India(LICI)

Life Insurance

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Change 5d. change 1-year change 3-years change Capi.($)
-1.53%-3.78%-26.16% - 58.86B
+1.48%+4.59%+60.51%+6.06% 130B
-0.28%-2.12%-15.58%-38.26% 72.67B
-0.75%-0.54%+49.79%+39.13% 38.43B
+0.28%+0.09%+14.77%+59.40% 32.94B
+0.40%+1.14%+0.82%+30.04% 16.81B
+0.59%+1.63%+7.44%+5.87% 15.61B
+0.91%-0.18%+21.14%-14.50% 12.32B
+2.92%+1.13%-1.18%+16.51% 10.36B
+0.85%+1.48%+28.37%+67.07% 10.35B
Average +0.49%-0.33%+13.99%+19.04% 39.85B
Weighted average by Cap. +0.32%-0.79%+20.76%+8.11%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
18
Last Close Price
816.10INR
Average target price
1,145.56INR
Spread / Average Target
+40.37%
Consensus

Annual profits - Rate of surprise

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