Life Insurance Corporation Celebrates 69 th Anniversary

1. Milestone Achievement:

• 69th anniversary on 1 st September 2025.
• Almost 70 years of experience in insurance and financial industry.
• The greatest life insurance company and the fastest expanding Indian brand in India (36% growth per Brand Finance 2025).

2. Dominance in the market: Financial Strength:

• Market share: 65.83 in policies, 57.05 in First Year Premium ( FY 2024-25)
• Assets Under Management: Rs54.52 lakh crore (6.45% growth)
• Product line: 35 single products, 12 group products, 7 riders.

3. Digital Transformation:

• 2.40 million digital platform users.
• LIC Mitra 2.0: Indian chatbot in 10 languages.
• Jeevan Saakshya app: Digital life certificates (50,000+ issued)
• WhatsApp enabled services and QR-based collections.

4. Awards & Recognition (2024-25):

• 22 digital transformation, customer service, rural inclusions awards.
• No. 1 Trusted Brand (Reader's Digest)
• 2nd Rank in Fortune 500 India
• 3rd most powerful Insurance brand in the world (Brand Finance)

5. Social Initiatives/Expansion:

• Golden Jubilee Foundation: Rs283 crore paid under 923 projects, 30,835 scholarships.
• Presence in international markets: 11 countries.
• Subsidiaries: LIC HFL, Mutual fund, Pension fund, Cards, IDBI bank.

Guiding Principle: The mantra of the Yogakshemam Vahamyaham - Your welfare is our responsibility keeps fueling the customer-focused mission of LIC, and it makes the company the most trusted brand of insurance in India.