Country's largest insurer Life Insurance
Corporation of India (LIC) has paid
Rs 1,436.38 cr
to the Government of India as dividend
for 2012-13.
LIC had declared a valuation surplus of
Rs 27,291.22 crore
for the financial year ending
2013
LIC has
received a total premium income of Rs 208589.72 crore
as against Rs
202802.90 crore in the
previous showing a growth rate of 11.90
per
cent
The total life fund of LIC stood at
Rs 1433103.14 crore
as against Rs 1283990.72 crore
in the previous year. The total assets of the company rose to
Rs 1560481.84 crore
from Rs
1417891.79crore in the previous
year
During 2012-13,
LIC settled more than 1.89 crore
claims for an aggregate amount of over Rs7222.90 crore.