Kubera India, Life Insurance Corporation of India, once again, hatgo not only in the life insurance business has maintained its first position to undo the private sector, but it is the business of life insurance, life insurance companies increased their market share by pushing 73.02 per cent, 70.52 per cent last year have. First in terms of premium income hatgo that year was 60.79 percent stake was acquired 64.86 percent.
LIC policies in terms of selling 8.21 percent over the previous year, the total 3.88 million policies spectacular growth by selling its gross subscriber number that has more than 28 million of the world (except the three countries) of any country The population is over.
LIC each side of the work itself is the increase in the height of his fame pennant. In 2008-09, "the corporation's gross premium income was Rs 157 186 185 985 per year in 2009-10 to Rs. Namely "corporation" in the gross premium income recorded phenomenal growth of 49.15 percent. First premium income of the corporation, while 33.87 per cent the previous year 70 891 52 964 crore crore was collected.
A measure of the reliability of any insurance company would pay for performance. In the case of LIC life insurance companies in the private sector has not only turned around the corner, but the mind itself broke his previous record for the competition. In 2009-10, "corporation", as presented by the families of the deceased insured 7033.68 crore on total claims paid 664 619 deaths. Gross death claims settled during the year and the final death statistics, although the rest of the claims, but be sure that your Kirthymani maintaining tradition "corporation" to the settlement of claims is 99 percent more deaths. It would be pertinent to mention here that the pending claims, including claims that the last days of March 2010
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