LIFE INSURANCE CORPORATION OF INDIA

The Pride of India

LIC The Pride of India

Assets : ` 13.17 Lac Cr.

3293
Offices

Life Fund: `.11.51 Lac Cr.

52 Products on Sale

Total Premium (2010-11):

` 203358 Crore

Products

Financials

FPI (2010-11): ` 86444 Cr.

3.70 Cr. New Policies

(2010-11)
28.59 Crore Policies
in force

Life Assurance, P&GS,

Micro Insurance, Health
Insurance

LIC
Today
Polices

1.15 Lac Employees

27127 Class - I
24517 Class II
Copyright 2009 Accenture All Rights Reserved.
63718 Class III & IV

+ 135 Existing
Products being
Serviced
13.37 Lac Individual
Agents

Marketers

42 Bank Partners
242 Corporate Agents
98 Brokers

Employees

9724 MI Agents

3,517 DSE /1037 FSE /

100 SME

Central Office

Organizational
Structure

8 Zonal Offices
113 Divisional Offices

50 Customer Zones

25 MASH Centre

2048 Branches

1123 Satellite Offices

Birla Sunlife,
3.33%

Others , 7.46%

HDFC Standard,
1.79%

LICs Market Share

(New Policies)

Reliance Life,
4.37%
Bajaj Allianz,
4.19%
ICICI Prudential,
3.31%

SBI Life, 2.54%

[Individual & Group]

2009-10
LIC,
73.02%
HDFC Standard,

Birla Sunlife,
2.09%

Others , 7.34%

1.73%
Reliance Life,
3.95%
Bajaj Allianz,
3.21%
ICICI Prudential,
2.81%

FPI

2010-11

SBI Life, 1.95%

LIC,
76.92%

Birla Sunlife,
2.71%

Others , 9.55%

LICs Market Share

HDFC Standard,
2.98%
Reliance Life,
3.59%
Bajaj Allianz,
4.07%
ICICI
Prudential,
5.80%
SBI Life, 6.44%

(First Year Premium)

No. of
2009-10
Policies

[Individual & Group]

LIC,
64.86%
Birla Sunlife,
1.65%

Others , 8.98%

HDFC Standard,
3.24%
Reliance Life,
2.41%
Bajaj Allianz,
2.75%

ICICI Prudential,
6.25%

SBI Life, 6.02%

2010-11
LIC, 68.70%

Individual Business Market Share has risen

Individual New Business
LICs Market Share
NoP
FPI

2009-10
73.01%
61.32%

2010-11
76.92%
63.16%

3.88

3.70

8.21%

-4.70%

42,960.44

44,064.55

Gr%

21.63%

2.57%

NoP

19,85,145

29,51,235

Gr%

28.80%

48.67%

FPI Rs.Lacs

3,615.65

4,389.90

Gr%

15.88%

21.41%

NoP

94,048

67,651

FPI Rs.Cr.

58.01

84.84

Individual N.B

NoP Cr.
Gr%
FPI Rs.Cr.

Individual Business Includes:Micro Insurance

Health Insurance

Growth: New Policies

Individual Business

45000000.00

3,70,12,277

40000000.00
35000000.00

Numbers

30000000.00
25000000.00
20000000.00

2,45,29,946

CAGR: 5.28 %

15000000.00
10000000.00
5000000.00
0.00

2002-03

2003-04

2004-05

2005-06

2006-07
Financial Year

2007-08

2008-09

2009-10

2010-11

LIC: Growth in FPI

Individual Business
50000.00

44065
Crore

45000.00

First Premium Income

40000.00
35000.00
30000.00
25000.00
20000.00

CAGR: 12.84 %

14843
Crore

15000.00
10000.00

First Premium Income

5000.00
0.00
2001-02

2002-03

2003-04

2004-05

2005-06

2006-07

2007-08

Financial Year

2008-09

2009-10

2010-11

8/29/2012