Chairman Shri T.S. Vijayan
will be addressing
the High Performing CLIAs
over dinner
at Mumbai
in December, 2009.
CLIAs who have a minimum of
5 Supervised Agents
as on 30.11.2009
and
who bring in an FPI of atleast
Rs.30 lakhs or 250 policies during November, 2009
will qualify for the said meeting.
The CLIAs who cross
One crore FPI or 1000 Policies by 30.11.2009
will be specially honoured.
Website of ARIVUKKADAL for sharing updates of LIC and Insurance Industry
About Me
- Arivukkadal
- 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. I'm a member of AIIEA.
Showing posts with label performance. Show all posts
Showing posts with label performance. Show all posts
Wednesday, November 4, 2009
LIC till 31/10/2009
Number of Ploicies
Current Year 1,67,93,672
Last Year 1,40,70,092
Growth 19.36%
First Premium Income
Current Year Rs. 15,809 Crores
Last Year Rs.12,764 Crores
Growth 23.86%
Business During October 2009
Number of Policies 27,28,994
First Premium Income Rs.3,070 Crores
By 30.11.2009 we can easily cross
2 Crore Policies
and
Rs.20,000 Crore FPI
provided
we do our share!
It is in our hands!
Can’t we do it?
Current Year 1,67,93,672
Last Year 1,40,70,092
Growth 19.36%
First Premium Income
Current Year Rs. 15,809 Crores
Last Year Rs.12,764 Crores
Growth 23.86%
Business During October 2009
Number of Policies 27,28,994
First Premium Income Rs.3,070 Crores
By 30.11.2009 we can easily cross
2 Crore Policies
and
Rs.20,000 Crore FPI
provided
we do our share!
It is in our hands!
Can’t we do it?
Wednesday, October 28, 2009
Monday, October 26, 2009
Performance of Indian Life Insurance Industry - April to Sep.2009
The life insurance industry registered 13 per cent growth in the first half of this financial year. The 22 insurers mopped up Rs 39,047 crore first year premium in the April-September period this year against Rs 34,581 crore in the corresponding period last year.
Among the 22 insurers, Life Insurance Corporation mopped up Rs 25,814 crore in the first half of the current fiscal, registering a growth of 35 per cent. In the April-September period last year, LIC had collected Rs 19,091 crore first year premium.
The 21 private insurers have collected Rs 13,232 crore first year premium during April-september period this year against Rs 15,507 crore during the corresponding period in 2008-09. Overall, the private life insurance industry has registered a de-growth of 15 per cent in the first half of the current fiscal.
ICICI Prudential was the worst hit. Its insurer premium dipped by 40 per cent at Rs 3,464 crore in the first half of the current fiscal from the corresponding period last year. Bajaj Allianz faces a fall of 29 per cent with new businesses collection worth Rs 1,439 crore in the first six months of this fiscal. Reliance Life collected premium of Rs 1,249 crore in the April-September period against Rs 1,473 crore garnered during the corresponding period last year, i.e. negative growth of 13 per cent. SBI, has regained the top position among private players with a premium income of Rs 2,391 crore in the first half of this fiscal. However, when compared to last year, SBI Life's premium declined by around one per cent.
ICICI Prudential was the worst hit. Its insurer premium dipped by 40 per cent at Rs 3,464 crore in the first half of the current fiscal from the corresponding period last year. Bajaj Allianz faces a fall of 29 per cent with new businesses collection worth Rs 1,439 crore in the first six months of this fiscal. Reliance Life collected premium of Rs 1,249 crore in the April-September period against Rs 1,473 crore garnered during the corresponding period last year, i.e. negative growth of 13 per cent. SBI, has regained the top position among private players with a premium income of Rs 2,391 crore in the first half of this fiscal. However, when compared to last year, SBI Life's premium declined by around one per cent.
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