Life Insurance Corporation of India (LICI.NS) NSE

Currency In INR

Life Insurance Corporation of India

Address

Yogakshema Building

Mumbai, 400021

India

Phone

91 22 6827 6827

Website

https://www.licindia.in

Sector

Financial Services

Industry

Insurance - Life

Employees

98661

First IPO Date

May 17, 2022

Key Executives

Name	Title	Pay	Year Born
Doraiswamy Ramchandran	MD, Chief Executive Officer & Director	3.16M	1966
Ratnakar Patnaik	MD & Director	3.16M	1969
Dinesh Pant	MD & Director	3.16M	1967
Sunil Agrawal	Chief Financial Officer	0	N/A
Govind Prasad Agarwal	Additional Executive Director & Director of Marketing/Product Development	0	N/A
Salil Vishwanath	Executive Director of Human Resources Development/OD	0	N/A
K. R. Ashok	Executive Director of Acturial/Administration/IT Implementation	0	N/A
Krishna Kumar S.	Executive Director of Corp.Gov/ GJF/ Reg.Comp & Chief Compliance Officer	0	N/A
Pradeep Pandey	Chief Digital Officer	0	1973
Pradeep Shenoy	Executive Director of Corporate Communication	0	N/A
Arindam Das Gupta	Chief Investment Officer & Executive Director of Investment Front Office	0	N/A

Description

Life Insurance Corporation of India (LIC) is a leading provider of life insurance solutions, operating across India, Fiji, Mauritius, and the United Kingdom. Its comprehensive individual offerings feature both participating policies and a variety of non-participating plans, including savings, term, health, annuity, pension, and unit-linked insurance products. LIC also offers specialized coverage tailored for women and children, along with micro-insurance options. To augment base policies, the company provides riders that deliver supplementary benefits for events such as accidents, critical illnesses, death, and premium waivers. Furthermore, LIC extends its services to groups with products like group term insurance, group savings insurance, group savings pension plans, and group annuity schemes. The company was founded in 1956 and maintains its principal executive offices in Mumbai, India.