Life Insurance Corporation of India – Company Profile & SWOT Analysis

Life Insurance Corporation of India – Company Profile & SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360Ëš view of the company.

Life Insurance Corporation of India (LIC), owned by the Government of India, is a provider of life insurance plans. The company offers endowment plans, money back plans, term assurance plans, pension plans, special plans, unit plans, group schemes, child plans, and health insurance plans. LIC operates through zonal offices in Mumbai, Kolkata, Chennai, Hyderabad, Delhi, Kanpur, Bhopal and Patna. It offers insurance products in India through associates and agents. LIC and its associates also have operations in Fiji, Mauritius, the UK, Bahrain, Dubai, Abu Dhabi, Kuwait, Qatar, Oman, Nepal, Sri Lanka, Saudi Arabia and Kenya. LIC is headquartered in Mumbai, Maharashtra, India.

The company reported gross premium income of INR3,182.2 billion for fiscal year ended March 2018 (FY2018), which shows an increase of 5.9% over that in FY2017. Its net premium income was INR3178.5 billion in FY2018, which indicates an increase of 5.9% over that in FY2017.

Scope

Detailed information on Life Insurance Corporation of India required for business and competitor intelligence needs

A study of the major internal and external factors affecting Life Insurance Corporation of India in the form of a SWOT analysis

An in-depth view of the business model of Life Insurance Corporation of India including a breakdown and examination of key business segments

News about Life Insurance Corporation of India, such as business expansion, restructuring, and contract wins

Large number of easy-to-grasp charts and graphs that present important data and key trends

Reasons to buy

Gain understanding of Life Insurance Corporation of India and the factors that influence its strategies.

Track strategic initiatives of the company and latest corporate news and actions.

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Stay up to date on Life Insurance Corporation of Indias business structure, strategy and prospects.

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Table of Contents

Table of Contents

Table of Contents 3

List of Tables 4

Section 1 - About the Company 5

Life Insurance Corporation of India - Key Facts 5

Life Insurance Corporation of India - Key Employees 6

Life Insurance Corporation of India - Key Employee Biographies 7

Life Insurance Corporation of India - Major Products and Services 8

Life Insurance Corporation of India - History 9

Life Insurance Corporation of India - Company Statement 12

Life Insurance Corporation of India - Locations And Subsidiaries 13

Head Office 13

Other Locations & Subsidiaries 13

Section 2 Company Analysis 15

Company Overview 15

Life Insurance Corporation of India - Business Description 16

Life Insurance Corporation of India - SWOT Analysis 17

SWOT Analysis - Overview 17

Life Insurance Corporation of India - Strengths 17

Life Insurance Corporation of India - Weaknesses 18

Life Insurance Corporation of India - Opportunities 19

Life Insurance Corporation of India - Threats 20

Life Insurance Corporation of India - Key Competitors 21

Life Insurance Corporation of India, Recent Deals Summary 22

Section 3 Company’s Recent Developments 23

Apr 14, 2017: Life Insurance appoints Smt Sunita Sharma as Managing Director 23

Apr 14, 2017: Life Insurance appoints Shri B Venugopal as Managing Director 24

Feb 10, 2017: Life Insurance appoints Hemant Bhargava as Managing Director 25

Section 4 Appendix 26

Methodology 26

About GlobalData 26

Contact Us 26

Disclaimer 26

List of Tables

List of Tables

Life Insurance Corporation of India, Key Facts 5

Life Insurance Corporation of India, Key Employees 6

Life Insurance Corporation of India, Key Employee Biographies 7

Life Insurance Corporation of India, Major Products and Services 8

Life Insurance Corporation of India, History 9

Life Insurance Corporation of India, Other Locations 13

Life Insurance Corporation of India, Subsidiaries 13

Life Insurance Corporation of India, Key Competitors 21

Life Insurance Corporation of India, Recent Deals Summary 22

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