LIC pays ₹2,611 as government share of surplus to Finance Minister
New Delhi: State-owned Life Insurance Corporation recently paid a dividend of ₹2,610.74 crore to the government for financial year 2018-19.
"During the Financial Year 2018-2019, LIC generated a valuation surplus of ₹53,214.41 crore, registering a growth of 9.9% over the previous year. It has a market share of 76.28% in number of policies and 71%…
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