399.00
+1.27%
Close of 9 Nov 2026, in INR
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About Life Insurance Corporation Of India
Its shares trade on NSE under the ticker LICI.NS. It has been listed since 17 May 2022. In the fiscal year to 31 March 2026, it reported revenue before interest expense of ₹9.78trn and net income of ₹574.53bn. At that date it held total assets of ₹59.49trn and shareholders' equity of ₹1.77trn.
Life Insurance Corporation of India engages in the provision of insurance plans. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2022-05-17. The firm is engaged in the business of life insurance in and outside India. The company offers a range of individual and group insurance solutions including participating, non-participating and unit linked lines of businesses. The portfolio comprises various insurance and investment products such as protection, pension, savings, investment, annuity, health and variable. Its segments include Life Individual, Participating Pension Individual, Participating Annuity Individual, Non Participating Life (Individual & Group), Non Participating Pension (Individual & Group), Non Participating Annuity Individual, Non Participating Variable individual, Non Participating Health individual, Non Participating Unit Linked. The company has approximately 44 products, which include 33 individual products and 11 group products. Its insurance plans include Saral Jeevan Bima, Saral Pension, Arogya Rakshak, Dhan Rekha, Bima Jyoti, and others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Financials
- Industry
- Insurance
- Listed since
- 17 May 2022
- Employees
- 98,463
- Website
- licindia.in ↗
Leadership
Pay as last reported
- Shri. Doraiswamy RamchandranChief Executive Officer, Managing Director, Executive Director, since 2023₹8.8m
- Shri. Sunil AgrawalChief Financial Officer
- Shri. Ramakrishnan ChanderChief Investment Officer, Executive Director
- Mr. Anshul SinghCompliance Officer, Company Secretary
- Shri. Krishna Sukumaran NairChief Compliance Officer, Executive Director (CG/GJF/RC)
- Shri. Shatmanyu ShrivastavaChief Risk Officer, Executive Director
- Shri. Dinesh PantManaging Director
- Shri. Ratnakar PatnaikManaging Director
- Shri. Ajay SrivastavaAppointed Actuary, Executive Director
- Dr. Parshant GoyalGovernment Nominee Director
- Smt. Anjuly DuggalNon-Executive Independent Director₹2.1m
- Shri. Raj KamalNon-Executive Independent Director₹2.5m
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 38
- Environment
- 28
- Social
- 66
- Governance
- 18
- Direct emissions (scope 1)
- 13,107.89 t
- Energy emissions (scope 2)
- 67,250.14 t
- Women in the workforce
- 23.57%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Life Insurance Corporation Of India employs 98,463 full-time employees nationwide.
- The company offers 44 products including 33 individual and 11 group insurance solutions.
- Life Insurance Corporation Of India provides diverse insurance plans such as Saral Jeevan Bima and Arogya Rakshak.
Weaknesses
- The company has no presence in the United States market for its insurance products.
- Life Insurance Corporation Of India does not offer non-participating health insurance plans.
- The company's IPO listing date is 17 May 2022, which is recent.
Opportunities
- Expanding into the United States market for life insurance products.
- Increasing sales of non-participating health insurance plans.
- Growing demand for pension and savings insurance products in India.
Threats
- Competition from other Indian insurance companies in the Financials sector.
- Rising costs in the Insurance industry affecting profitability.
- Economic downturns impacting insurance demand in India.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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