The profile contains critical company information including:
- Business description - A detailed description of the company’s operations and business divisions.
- Corporate strategy - Analyst’s summarization of the company’s business strategy.
- SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
- Company history - Progression of key events associated with the company.
- Major products and services - A list of major products, services and brands of the company.
- Key competitors - A list of key competitors to the company.
- Key employees - A list of the key executives of the company.
- Executive biographies - A brief summary of the executives’ employment history.
- Key operational heads - A list of personnel heading key departments/functions.
- Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
- Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
- Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.
Highlights
Life Insurance Corporation of India (LIC) is a government-owned provider of life insurance plans. The company's main activities include offering a variety of insurance products and services. Its major products encompass endowment plans, money-back plans, term assurance plans, pension plans, special plans, unit plans, group schemes, child plans, and health insurance plans. LIC serves a diverse customer base, providing insurance solutions for individuals and groups across different sectors. The company distributes its products through a network of associates and agents. LIC operates in several geographic locations, including India, Fiji, Mauritius, the UK, Bahrain, the UAE, Kuwait, Qatar, Oman, Nepal, Sri Lanka, and Saudi Arabia. LIC is headquartered in Mumbai, Maharashtra, India.The company reported net earned premiums of INR4.89 trillion for the fiscal year ended March 2025 (FY2025), which shows an increase of 2.7% over that in FY2024.
Key benefits of buying this profile include:
You get detailed information about the company and its operations to identify potential customers and suppliers.- The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
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- Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
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- Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- HDFC Life Insurance Co Ltd
- Aditya Birla Sun Life Insurance Company Limited
- Max Life insurance Co Ltd
- Bajaj Allianz Life Insurance Company Ltd
- Shriram Life Insurance Company Ltd
- Tata AIA Life Insurance Co Ltd