LIFE INSURANCE CORPORATION OF INDIA
The Life Insurance Corporation of India (LIC) is the largest state-owned life insurance company in India, and also the country's largest investor. It is fully owned by the Government of India. It also funds close to 24.6% of the Indian Government's expenses. It has assets estimated of 9.31 trillion (US $202.03 billion). It was founded in 1956 with the merger of more than 200 insurance companies and provident societies.
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SBI Life
SBI Life is one of the life insurance company that offers a range of life insurance plans and policies to protect you and your family.
Current Advisors List
Current Employees Featured
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2018-07-15 | IDBI Bank | IDBI Bank acquired by Life Insurance Corporation of India | N/A |
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2022-07-13 | Indiabulls Housing Finance | Life Insurance Corporation of India investment in Post-IPO Debt - Indiabulls Housing Finance | 5 B INR |
| 2017-12-19 | Axis Bank | Life Insurance Corporation of India investment in Post-IPO Equity - Axis Bank | 116.26 B INR |
| 2007-03-03 | Financial Information Network & Operations Pvt | Life Insurance Corporation of India investment in Venture Round - Financial Information Network & Operations Pvt | 20 M USD |