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Corporation
FINANCIAL | Insurance / Life Insurance
licindia.in

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Founded Year

1956

Stage

Corporate Majority | Acquired

About Life Insurance Corporation of India

Life Insurance Corporation of India is a state-owned public sector life insurance corporation. It has more than 40 different plans catering to the differing needs of different segments--basic insurance plans, term assurance plans, pension plans, capital market-linked plans, health plans, etc.

Life Insurance Corporation of India Headquarter Location

Yogakshema Building Jeevan Bima Marg

Mumbai, 19953,

India

Latest Life Insurance Corporation of India News

Exclusive: India likely to block Chinese investment in insurance giant LIC’s IPO -sources

Sep 22, 2021

News Snapshot: https://www.oann.com/exclusive-india-likely-to-block-chinese-investment-in-insurance-giant-lics-ipo-sources/?utm_source=rss&utm_medium=rss&utm_campaign=exclusive-india-likely-to-block-chinese-investment-in-insurance-giant-lics-ipo-sources FILE PHOTO: A bird flies past the logo of Life Insurance Corporation of India (LIC) at one of its offices in New Delhi, India September 14, 2021. REUTERS/Anushree Fadnavis September 22, 2021 By Aftab Ahmed, Manoj Kumar and Nupur Anand NEW DELHI (Reuters) – New Delhi wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four senior government officials and a banker told Reuters, underscoring tensions between the two nations. State-owned LIC is considered a strategic asset, commanding more than 60% of India’s life insurance market...

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