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LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only.

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Presentation on theme: "LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only."— Presentation transcript:

1 LIC 56 years of Trust

2 Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only Three Countries viz. US, India & China. have population greater than no. of LIC’s Customers Claims performance best in the world Settled 1.86 Cr claims with Rs 66,022.82 Crs Outstanding claim ratio best in the world Investment in 2007-2012- Five Year Plan – 7,04,151 Cr

3 Strengths International Operations – UK, FIJI, Mauritius, Behrain, Nepal, Sri Lanka, Singapore Qatar, Kuwait, UAE, Saudi Arabia Oman, Kenya Agency Force – 12.78 Lacs Offices : 113 Divisional Offices 3500 Servicing Offices 73 Customer Zones 25 Metro Area Service Hubs IVRS Centres in 15 major cities

4 Financial Results for 2011-12 Valuation Surplus after Tax - 22,752 Crs Govt Share @ 5% - 1138 Crs 95% distributed to Policyholders - 21,614 Crs Total Gross Income - 2,87,315.38 Crs Total Premium Income - 2,02,802.90 Crs Total Policy Payments - 1,18,733.76 Crs O/S Claim Ratio(Mty+SB)-0.50% O/S Claim Ratio (Death) -1.22%

5 NB & Market Share Market Share As at 31.03.2012 – Pol - 80.90% Prem- 71.36% As at 30.06.2012 – Pol - 80.56% Prem- 74.29% New Business Performance as at 31.03.2012 Policies- 3.57 Crs First Year Premium Income - 81514.49 Crs

6 Profit & Loss - Life Insurers Company2009-10 (In CRs)_2010-11 (In CRs)Upto 31.03.10 (in CRs)Upto 31.03.11 (in CRs) LIC1060.721171.8 BIRLA SUNLIFE-435.5305-2027.50-1722.51 ICICI PRUDENTIAL257.97807.62-3518.49-2710.87 ING VYASA-136.76-70-1140.00-1118.99 HDFC STANDARD-257.18-99-1466.50-1565.50 MAX NEW YORK LIFE-20.91194.06-1023.67-829.61 RELIANCE LIFE-283.79129.29-2673.87-2803.16 BAJAJ ALLIANZ542.291057.04-18.301038.74 SBI LIFE276.46366.34254.87621.22 KOTAK MAHINDRA69.22102.47-255.12-152.64 TATA AIG-400.0151.79-1609.86-1558.07 MET LIFE25.0625.28-104.62-79.34 AVIVA LIFE-344.7228.75-1507.26-1478.51 SAHARA36.2127.957.4735.42 BHARTI AXA8.11-340.39-1218.07-1558.46 FUTURE GENERALI-356.86-320.12-646.42-966.54 IDBI FEDRAL104.95-121.78-240.71-362.49 Aegon RELIGARE3.82-23.73-19.97-43.69 CANARA HSBC-246.16-191.38-477.03-668.41 DLF PREMICA-93.29-109.56-137.75-247.31 STAR UNION DIACHI-21.4-28.29-41.06-69.35 INDIA FIRST-44.79-64.75-52.04-116.79

7 Death Claims-Settled-31.03.2011 Claims Paid (%age)Claims Repudiated (%age) Claims pending at the yr end (%age) LIC97.0311.46 Aegon Religare52.3144.623.08 Aviva84.1512.233.62 Bajaj Allianz88.697.084.23 Bharti AXA87.1712.580.25 Birla Sunlife94.664.990.35 Canara HSBC71.0216.6112.37 DLF Premica51.2219.5129.27 Future Generali50.5221.5327.95 HDFC Std95.413.970.61 ICICI Pru94.613.142.25 IDBI Fortis64.922114.08 India First82.0117.990 ING Vyasa90.493.535.19 Kotak Mahindra89.33.896.81 Max New York77.9614.97.14 Met Life85.436.068.3 Reliance Life81.368.669.85 Sahara53.2314.3931.64 SBI Life82.2416.731.03 Shriram55.6925.8718.44 Star Union80.691.3817.93 Tata AIG81.9317.071 Private Total86.058.95.01

8 Awards Won 1.CNBC TV18- Best Life Insurance Company 2.Readers Digest Trusted Brand – Platinum category 3. Business Super Brands 2010-11 4. Asian Leadership Awards- Asia’s Most Preferred Brand in Insurance 5. Most Trusted Brand in Insurance by ET Brand Equity. 6. Outlook Money- Best Life Insurer Award. 7. Preferred Brand of Life Insurances by Dainik Purvoday NE Consumer Awards 2011 7. Global Award for Brand Excellence 2011 by World Brand Congress. 8. Special Award for Consumer Service(Corporate) By Consumer Association of India. 9. Golden Peacock Innovative Product Award for Jeevan Arogya. 10.Bombay Chamber of Commerce & Industry – Good Corporate Citizen Award. 11.Indy’s Award for Best Corporate Film of the year

9 THANKS


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