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About LIC Updates

Life Insurance Corporation of India (L.I.C.) Updates

Some Very Interesting Statistics of The Corporation (Provisional Data)

 

 Total Premium Income =Rs 240, 000 Crs

 

 Investment Income = Rs 145, 000 Crs

 

 Total Income of The Corporation =
Rs 385, 000 Crs (Highest todate - Growth of approx 18% over LY 2012-2013)

 

 Total Surplus Generated = Rs 26300 Crs (approx Growth 17%)

 

 Total Payouts to Policyholders = Rs 165, 000 Crs (Highest todate)

 

 Advance Tax Paid = Rs 5108.92 Crs (LY 4221.99 Crs)

 

 Service Tax Paid = Rs 4022 Crs (LY 3682 Crs)

 

 ULIP Portfolio (as at 31.03.2014) = Rs 117, 878 Crs

 

 Approx ULIP Surrender in LY = Rs 33000 Crs

 

 NET ULIP Surrender = Rs 13000 Crs

(as portfolio swelled by Rs 20000 Crs thanks to Market surge)

 

 50 out of 51 LIC ULIP Funds Outperformed CRISIL Benchmarks

 

 6 LIC ULIP Funds make it to TOP 25 BEST PERFORMING ULIP Funds with
Market Plus 1 (Growth), Future Plus (Growth) & Child Fortune (Growth)

            LIC occupying TOP 3 Positions !

 Average Approx yield on LIC Investment in LY 9.42%

 

 Equity Profit in LY = Rs 21257 Crs

 

 Fresh Equity Investment LY = Rs 53000 Crs

 

 Total MDRT 2014 Qualifiers = 8357 with 7127 Registered (Highest Globally)

 

 Total No of Claims Settled = Rs 2, 49, 00, 000 (Best & Highest Ever Throughout The Globe)

 

 Total 31 Awards on Various Counts won by LIC in LY (Highest by Any institution todate)

 

"Proud to be a LICian"

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