About Me

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Trichy, Tamil Nadu, India
Working as an Assistant in LIC of India, Rockfort BO, Trichy, TN. Having a strong belief that LIC's welfare is our welfare and always trying to work towards that. Also functioning as an office bearer of AIIEA Thanjavur Division.

Sunday, January 23, 2011

Sinking Ships

Total Accumulated Loss of Private Life Insurance Companies
as at 31.3.2010 is Rs.17,817.50 Cr.

15 out of the total 22 Pvt. Life Ins. Cos. made loss in 2009-10.
19 (out of the total 22) Pvt. Life Ins. Cos.
still have accumulated losses,
even though 7 Cos. managed to 'SHOW' profit for 2009-10.
Here is the Data:
Will anybody want to travel on a sinking ship?
But, Still people are doing it!
It shows that our campaigns are not enough!
Spread the Truth
to everybody!
-Arivukkadal

4 comments:

  1. Arivuk"Kadal's" info on Sinking Ships(Pvt LI Companies) super. NandRi for sharing this info. Ur Service to LIC Agents Community is superb. NeengaLum UngaL Anbu Kudumbamum Vaazhga VaLamudan!
    Veera - LIC - 71X - Alandur - Saidapet SSO
    9840846029, 9444039078

    ReplyDelete
  2. DEAR SIR,
    I AM VERY MUCH APPRECIATE YOUR SERVICES BY PROVIDING WONDERFUL INFORMATION. I HAD GO
    THROUGH THE PROFIT AND LOSS DETAILS PROVIDED
    BY YOU AND THERE SHOULD BE CHANGES IN MET
    LIFE LOSS FIGURES. I AM HAVING THAT EXACT
    FIGURES OF MET LIFE ALONG WITH ALL PRIVATE
    LIFE INSURERS LAST TEN YEAR LOSS DETAILS,
    WHICH I WOULD LIKE TO SEND. PLEASE INFORM
    ME HOW TO SEND THAT DETAILS TO YOU.
    REGARDS.
    RAGHAVAN/JODHPUR
    MOB NO. 09414128314
    PHONE NO. 0291 2703450.
    EMAIL ID raghavan.g52@gmail.com

    ReplyDelete
  3. Dear Mr.Raghavan,
    Please go through the page 120 of IRDA's Annual Report 2009-10, which contains the said figures. IRDA's figures are final and if there is any discrepancy, the same should be reported by the Co. concerned to the IRDA and will be incorporated in the next annual report.
    Thanks for writing,
    Regards,
    Arivukkadal

    ReplyDelete
  4. Dear Arivukkadal Sir,

    Your sincere and dedicated service help us to procure more business for LIC's Agent. We the LIC's family members wish u a long healthy live.

    ReplyDelete