Life Insurance Corporation Of India. Stock Analysis LICI.NS

Life Insurance Corporation of India engages in the provision of insurance plans. The company is headquartered in Mumbai, Maharashtra and currently employs 91,606 full-time employees. The company went IPO on 2022-05-17. The firm is engaged in the business of life insurance in and outside India. The company offers a range of individual and group insurance solutions including participating, non-participating and unit linked lines of businesses. The portfolio comprises various insurance and investment products such as protection, pension, savings, investment, annuity, health, and variable. Its segments include Participating Life Individual, Participating Pension Individual, Participating Annuity Individual, Non-Participating Life (Individual & Group), Non-Participating Pension (Individual & Group), Non-Participating Annuity Individual, Non-Participating Variable individual, Non-Participating Health individual, Non-Participating Unit Linked and Capital Redemption, and Annuity Certain Business (CRAC). Its Pension plans include New Pension Plus, Jeevan Akshay-VII, New Jeevan Shanti, Saral Pension, and Smart Pension.