Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largestwith total value of policies sold of 367.82 lakh that year.[citation needed] The Life Insurance Corporation of India was founded in 1956 when the Parliament of India passed the Life Insurance of India Act that nationalised the private insurance industry in India. Over 245 insurance companies and provident societies were merged to create the state owned Life Insurance Corporation.[3]
| Website | http://licindia.in |
| Revenue | $103.4 billion |
| Employees | 3,045 (960 on RocketReach) |
| Founded | 1956 |
| Industry | Insurance |
| Keywords | Life Insurance, Insurance Policies, Insurance, Financial Services, Investment Plans, Investment, Group Insurance, Retirement Planning, Policyholder, Annuity, Pension, Term Life Insurance, Whole Life Insurance, Wealth Management, Risk Management, Financial Security, Estate Planning |
| Competitors | Aditya Birla Capital, HDFC Life, ICICI Prudential Life Insurance Company Limited, Kotak Life, SBI Life Insurance Co. Ltd., Tata AIG General Insurance Company Limited, PNB MetLife India Insurance Co. Ltd, Max Life Insurance Company Limited, Future Generali India Insurance Company Limited, The Oriental Insurance Company Ltd. +37 more (view full list) |
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LIC Questions
The LIC annual revenue was $103.4 billion in 2026.
Vanish Kumar is the CFO of LIC.
960 people are employed at LIC.
Top LIC Employees
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Vanish Kumar
Chief Financial Officer at LIC
Patiala, PB, IN1 -
Gurpal Singh
Founder and CEO @ Bima- The Insurance at LIC
Ambala, HR, IN1 -
Unni Krishna
Chief Executive at LIC
Malappuram, KL, IN -
Joginder Almadi
Wealth Manager at LIC
Gurugram, HR, IN21 -
Naushad Consultant
Senior Consultant Financial Services at LIC
Gurugram, HR, IN2 -
Yogendra Singh
Wealth Manager HNI LIC OF INDIA at LIC
Gurugram, HR, IN2 -
Sanoj Kumar
Zonal Manager at LIC
Mumbai, MH, IN1 -
Mallesh Rao
Insurance Financial Advisor at LIC
Bengaluru, KA, IN1 -
Krishna Adepu
Life Insurance Agent at LIC
Hyderabad, IN
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