lic 56 years of trust. strengths total life fund - 12,83,990.72 crores as on 31.03.2012 assets -...

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LIC 56 years of Trust

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Page 1: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

LIC

56 years of Trust

Page 2: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

Strengths

• Total Life Fund - 12,83,990.72 crores as on 31.03.2012• Assets - more than 14,17,891.79 Crores• Customers - 30 Crores• Only Three Countries viz. US, India & China.

have population greater than no. of LIC’s Customers

• Claims performance best in the worldSettled 1.86 Cr claims with Rs 66,022.82 Crs

• Outstanding claim ratio best in the world• Investment in 2007-2012- Five Year Plan – 7,04,151 Cr

Page 3: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

Strengths

•International Operations – UK, FIJI, Mauritius, Behrain, Nepal, Sri Lanka, Singapore

Qatar, Kuwait, UAE, Saudi Arabia Oman, Kenya

• Agency Force – 12.78 Lacs

• Offices : 113 Divisional Offices 3500 Servicing Offices 73 Customer Zones

25 Metro Area Service Hubs IVRS Centres in 15 major cities

Page 4: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

Financial Results for 2011-12

•Valuation Surplus after Tax - 22,752 Crs•Govt Share @ 5% - 1138 Crs•95% distributed to Policyholders - 21,614 Crs

•Total Gross Income - 2,87,315.38 Crs•Total Premium Income - 2,02,802.90 Crs•Total Policy Payments - 1,18,733.76 Crs•O/S Claim Ratio(Mty+SB) -0.50%•O/S Claim Ratio (Death) -1.22%

Page 5: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

NB & Market Share

• Market Share •As at 31.03.2012 – Pol - 80.90%

Prem - 71.36%•As at 30.06.2012 – Pol - 80.56%

Prem - 74.29%

•New Business Performance as at 31.03.2012•Policies - 3.57 Crs•First Year Premium Income - 81514.49 Crs

Page 6: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

Profit & Loss - Life InsurersCompany 2009-10 (In CRs)_ 2010-11 (In CRs) Upto 31.03.10 (in CRs) Upto 31.03.11 (in CRs)LIC 1060.72 1171.8    BIRLA SUNLIFE -435.5 305 -2027.50 -1722.51ICICI PRUDENTIAL 257.97 807.62 -3518.49 -2710.87ING VYASA -136.76 -70 -1140.00 -1118.99HDFC STANDARD -257.18 -99 -1466.50 -1565.50MAX NEW YORK LIFE -20.91 194.06 -1023.67 -829.61RELIANCE LIFE -283.79 129.29 -2673.87 -2803.16BAJAJ ALLIANZ 542.29 1057.04 -18.30 1038.74SBI LIFE 276.46 366.34 254.87 621.22KOTAK MAHINDRA 69.22 102.47 -255.12 -152.64TATA AIG -400.01 51.79 -1609.86 -1558.07MET LIFE 25.06 25.28 -104.62 -79.34AVIVA LIFE -344.72 28.75 -1507.26 -1478.51SAHARA 36.21 27.95 7.47 35.42BHARTI AXA 8.11 -340.39 -1218.07 -1558.46FUTURE GENERALI -356.86 -320.12 -646.42 -966.54IDBI FEDRAL 104.95 -121.78 -240.71 -362.49Aegon RELIGARE 3.82 -23.73 -19.97 -43.69CANARA HSBC -246.16 -191.38 -477.03 -668.41DLF PREMICA -93.29 -109.56 -137.75 -247.31

STAR UNION DIACHI -21.4 -28.29 -41.06 -69.35INDIA FIRST -44.79 -64.75 -52.04 -116.79

Page 7: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

Death Claims-Settled-31.03.2011

  Claims Paid (%age)Claims Repudiated (%age)

Claims pending at the yr end (%age)

LIC 97.03 1 1.46Aegon Religare 52.31 44.62 3.08Aviva 84.15 12.23 3.62Bajaj Allianz 88.69 7.08 4.23Bharti AXA 87.17 12.58 0.25Birla Sunlife 94.66 4.99 0.35Canara HSBC 71.02 16.61 12.37DLF Premica 51.22 19.51 29.27Future Generali 50.52 21.53 27.95HDFC Std 95.41 3.97 0.61ICICI Pru 94.61 3.14 2.25IDBI Fortis 64.92 21 14.08India First 82.01 17.99 0ING Vyasa 90.49 3.53 5.19Kotak Mahindra 89.3 3.89 6.81Max New York 77.96 14.9 7.14Met Life 85.43 6.06 8.3Reliance Life 81.36 8.66 9.85Sahara 53.23 14.39 31.64SBI Life 82.24 16.73 1.03Shriram 55.69 25.87 18.44Star Union 80.69 1.38 17.93Tata AIG 81.93 17.07 1Private Total 86.05 8.9 5.01

Page 8: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

Awards Won 1. CNBC TV18- Best Life Insurance Company 2. Readers Digest Trusted Brand – Platinum category3. Business Super Brands 2010-114. Asian Leadership Awards- Asia’s Most Preferred Brand in Insurance5. Most Trusted Brand in Insurance by ET Brand Equity.6. Outlook Money- Best Life Insurer Award.7. Preferred Brand of Life Insurances by Dainik Purvoday NE Consumer

Awards 20117. Global Award for Brand Excellence 2011 by World Brand Congress.8. Special Award for Consumer Service(Corporate) By Consumer

Association of India.9. Golden Peacock Innovative Product Award for Jeevan Arogya.10.Bombay Chamber of Commerce & Industry – Good Corporate

Citizen Award.11.Indy’s Award for Best Corporate Film of the year

Page 9: LIC 56 years of Trust. Strengths Total Life Fund - 12,83,990.72 crores as on 31.03.2012 Assets - more than 14,17,891.79 Crores Customers - 30 Crores Only

THANKS