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LIC's total assets cross Rs 24 lakh crore

LIC's total assets cross Rs 24 lakh crore

Tuesday, March 14, 2017, 2:54 PM

Life Insurance Corporation of India, the gigantic insurer, posted a growth of 12.81% in total assets, to Rs 24.41 lakh crore at the end of December 2016. As per the earnings posted, the premium income increased by 12.43% with the total at Rs 1,45,031 crore during the nine months ended December 2016. The business income performance saw an increase of 40.11% in the first-year premium.
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