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LIC (Life Insurance Corporation)- Lets Have The Overlook

It Will Be Biggest IPO In Indian History.

LIC (Life Insurance Corporation)- Lets Have The Overlook

LIC (Life Insurance Corporation) is one of the largest insurance company in India

Which established in 1st September 1956, its 100% state owned agency and head quarter is Mumbai,

Having its Total assets of 33.12lakh crores (440 billion).

Total premium of Life Insurance Corporation is 3,79,400cr is Also equally total insurance premium of Canada,

Total number of policy issue is till now 21.9millions.

Total number of branches are 6500.

Total investment in equity is 29,19,478crores which above total mutual fund industry is 2728000,

Life Insurance Corporation of India carries 8 zonal offices, 113 divisional offices over 6500 branches,1537064 individual agent,342 corporate agent, 109 referral agent .114 broker and 42 banks.

Government of India decide to sell 5-10 percent of its equity share in LIC through IPO.

It will be biggest IPO in Indian history.

 

What do you think?

Written by nandkishore

After finishing his degrees from pune University, he is working with an Us based MNC company. He loves reading autobiographies book, Motivational stories and thus passionate about writing. Now he is associated with the whizind as a creative Writer and writing on the topics and categories related to Motivational stories, finance and Banking, celebrities biography etc and many more.

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