Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It provides individual products, including participating insurance products; and non-participating products comprising savings insurance, term insurance, health insurance, annuity and pension, and unit-linked insurance products; special products for women and children, micro insurance products; and riders, an add-on covers to the base policy to facilitate additional benefits linked to the accident, critical illness, and death and premium waiver benefit. The company also offers group products, such as group term insurance, group savings insurance, group savings pension, and group annuity products. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.
Life Insurance Corporation of India (LICI.NS) - Company Outlook
Company Outlook
| Year | Receivables | Debt | Liabilities | Assets | Current Assets |
|---|---|---|---|---|---|
| 2023 | -4,987,377,107 | -4,980,523,962 | 623.17 B | 633.04 B | 4.98 B |
| 2022 | -35,759,039,027 | -5,418,044,846 | 539.69 B | 545.21 B | 5.42 B |
| 2021 | -32,915,796,796 | -5,325,692,210 | 505.22 B | 506.58 B | 5.33 B |
| 2020 | -28,505,365,656 | -3,479,957,446 | 455.19 B | 456.03 B | 4.3 B |
| 2019 | -27,259,545,314 | 674.28 M | 416.64 B | 416.77 B | 7.52 B |