Life Insurance Corporation of India continues to occupy the top slot in this category. Among a total of 23 companies, it had a market share of 72 percent in first premium income and policies, as on 31st July 2010. It has already solved over 10 million new policies in the fiscal year with a first premium income of Rs.15,917 Crore, registering a 100 percent growth.It has a customer base of about 280 million policy holders. Its asset figure has now risen to a mammoth.
Rs.11,52,057 crore as an 1st September 2010, an increase of 32 percent over the previous year. It last declared a valuation surplus of Rs.23,478 crore of which Rs.1,029 crore was given to the Central Government as Dividend.
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