Life Insurance Corporation of India
Life Insurance Corporation of India is an Indian central public sector undertaking headquartered in Mumbai, Maharashtra, India. It is under the ownership of the Ministry of Finance, Government of India and was founded in 1956. During the assessed period the reported number of employees was 98661 and total assets corresponding to USD 639.9 billion were reported.
Leading practices
No leading practices identified for the financial institution.
Risks and opportunities
The financial institution is behind many of its peers in terms of overall disclosure. It is hence recommended that the financial institution uses this benchmark as a guide to disclose more on sustainability practices and performance across measurement areas with regards to its provision of products, capital and services, as well as considering its own operation and supply chain.
Disclaimer
This scorecard refers to information in English which was publicly available by July 15 2024. AuM and Total assets are stated in USD for comparability and have been calculated based on reported local currency values multiplied by applicable IMF currency converter values.
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More about the company
- Headquarters
- India
- Ownership structure
- Publicly listed
- Results 2024
- Total assets: USD 639.9 billion; AuM USD 615.1 billion
- Number of employees
- 98661
- Website
- https://licindia.in
