COMPANY PROFILE

LIC Chandigarh

Overview

Life Insurance Corporation of India (LIC) (Hindi: भारतीय जीवन बीमा निगम) is the largest insurance group and investment company in India. Its a state-owned where Government of India has 100%stake. LIC also funds close to 24.6% of the Indian Government's expenses. It has assets estimated of INR13.25 trillion (US$241.15 billion).[1] It was founded in 1956 with the merger of 243 insurance companies and provident societies.

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, , , United States

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