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Home News News and Press Release Month 8 2011 2011 (8) This

Market Share of LIC Rises to 76. 92 Percent During 2010-11.

12-8-2011
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Press Information Bureau

Government of India

Ministry of Finance

12-August-2011 16:36 IST

Market Share of LIC Rises to 76. 92 Percent During 2010-11

The market share of the Life Insurance Corporation of India (LIC) in insurance industry has increased to 76.92 percent during 2010-11.The market share of LIC has been increasing consistently during the last two years.

 LIC’s market share for 2009-10 and 2010-11 is as under:-

 

Year

Market Share (%)

 

First Year Premium

Policies

2009-10

64.86

73.02

2010-11

68.70

76.92

This information was given by the Minister of State for Finance, Shri   Namo Narain Meena in written reply to a Question in Lok  Sabha today.

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