LOK SABHA
LIFE INSURANCE CORPORATION OF INDIA
Will the Minister of FINANCE be pleased to state:-
(a) the details of the total number of offices/branches of Life Insurance Corporation of India (LIC) functioning in the country and the number of officers/employees working therein, State-wise including Tamil Nadu;
(b) the total number of various policy holder who are paying premium across the country, policy-wise; and
(c) the total profit earned by the LIC for the last three years, zonal-wise?
(SMT. NIRMALA SITHARAMAN)
(a) to (c): A statement is laid on the Table of the House.
Statement as referred to in reply of Lok Sabha Starred Question no. 262 for answer on 15th March, 2021/ Phalguna 24, 1942 (Saka) regarding “Life Insurance Corporation of India” by SHRI RAMALINGAM S. AND DR. T. R. PAARIVENDHAR, Hon’ble Members of Parliament State and Union territory-wise details of total number of offices/branches and officers/employees of the Life Insurance Corporation of India (LIC) as furnished by LIC, are at Annex ‘A’ and Annex ‘B’ respectively.
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The number of individual, paying premium for life policies of LIC, as on 28.02.2021, as furnished by LIC, was 21,08,37,085.
The surplus of LIC is determined for the Corporation as a whole as per the provisions of section 26 of the Life Insurance Corporation Act, 1956. Surplus in respect of LIC’s total business is as under:
Amount in crores Rupees
|
Financial year |
Allocation of surplus to Central Government |
Allocation of surplus to policyholders |
Surplus |
|
2019-20 |
2,697.74 |
51,257.12 |
53,954.86 |
|
2018-19 |
2,660.59 |
50,551.31 |
53,211.91 |
|
2017-18 |
2,421.82 |
46,014.63 |
48,436.45 |
|
S. No. |
State and Union territory |
Total number of offices |
|
1 |
Andaman and Nicobar Islands |
2 |
|
2 |
Andhra Pradesh |
195 |
|
3 |
Arunachal Pradesh |
7 |
|
4 |
Assam |
98 |
|
5 |
Bihar |
179 |
|
6 |
Chandigarh |
10 |
|
7 |
Chhattisgarh |
86 |
|
8 |
Dadra and Nagar Haveli and Daman and Diu |
2 |
|
9 |
Delhi |
85 |
|
10 |
Goa |
19 |
|
11 |
Gujarat |
265 |
|
12 |
Haryana |
101 |
|
13 |
Himachal Pradesh |
40 |
|
14 |
Jammu and Kashmir |
44 |
|
15 |
Jharkhand |
112 |
|
16 |
Karnataka |
293 |
|
17 |
Kerala |
246 |
|
18 |
Ladakh |
1 |
|
19 |
Lakshadweep |
1 |
|
20 |
Madhya Pradesh |
338 |
|
21 |
Maharashtra |
509 |
|
22 |
Manipur |
15 |
|
23 |
Meghalaya |
9 |
|
24 |
Mizoram |
7 |
|
25 |
Nagaland |
8 |
|
26 |
Odisha |
147 |
|
27 |
Puducherry |
9 |
|
28 |
Punjab |
150 |
|
29 |
Rajasthan |
267 |
|
30 |
Sikkim |
2 |
|
31 |
Tamilnadu |
497 |
|
32 |
Telangana |
146 |
|
33 |
Tripura |
18 |
|
34 |
Uttar Pradesh |
671 |
|
35 |
Uttarakhand |
56 |
|
36 |
West Bengal |
327 |
|
Total |
4,962 |
|
S.No |
State and Union Territory |
Class I Officers |
Class II (Develop ment Officers) |
Class III |
Class IV |
|
1 |
Andaman and Nicobar Islands |
8 |
5 |
10 |
0 |
|
2 |
Andhra Pradesh |
1,308 |
1,212 |
2,654 |
27 |
|
3 |
Arunachal Pradesh |
11 |
13 |
15 |
1 |
|
4 |
Assam |
783 |
641 |
1,338 |
197 |
|
5 |
Bihar |
1,339 |
1,012 |
1,961 |
204 |
|
6 |
Chandigarh |
155 |
56 |
247 |
1 |
|
7 |
Chhatisgarh |
471 |
315 |
827 |
59 |
|
8 |
Delhi |
1,230 |
700 |
1,547 |
42 |
|
9 |
Goa |
156 |
110 |
279 |
6 |
|
10 |
Gujarat |
1,696 |
1,623 |
3,879 |
137 |
|
11 |
Haryana |
663 |
571 |
949 |
14 |
|
12 |
Himachal Pradesh |
265 |
214 |
493 |
1 |
|
13 |
Jammu and Kashmir |
258 |
172 |
278 |
3 |
|
14 |
Jharkhand |
623 |
532 |
1,157 |
97 |
|
15 |
Karnataka |
1,822 |
1,371 |
3,924 |
106 |
|
16 |
Kerala |
1,348 |
930 |
2,026 |
18 |
|
17 |
Ladakh |
3 |
3 |
0 |
0 |
|
18 |
Madhya Pradesh |
1,792 |
1,159 |
2,450 |
83 |
|
19 |
Maharashtra |
5,408 |
3,315 |
7,362 |
218 |
|
20 |
Manipur |
40 |
35 |
63 |
6 |
|
21 |
Meghalaya |
17 |
23 |
45 |
4 |
|
22 |
Mizoram |
7 |
3 |
0 |
1 |
|
23 |
Nagaland |
17 |
21 |
30 |
5 |
|
24 |
Odisha |
1,033 |
752 |
1,680 |
211 |
|
25 |
Puducherry |
24 |
26 |
53 |
1 |
|
26 |
Punjab |
742 |
717 |
1,227 |
26 |
|
27 |
Rajasthan |
1,691 |
1,156 |
2,593 |
52 |
|
28 |
Sikkim |
7 |
18 |
24 |
0 |
|
29 |
Tamil Nadu |
2,181 |
1,815 |
4,885 |
48 |
|
30 |
Telangana |
1,276 |
871 |
2,290 |
52 |
|
31 |
Tripura |
70 |
59 |
95 |
14 |
|
32 |
Utarakhand |
442 |
316 |
688 |
20 |
|
33 |
Uttar Pradesh |
3,392 |
2,773 |
5,160 |
258 |
|
34 |
West Bengal |
2,108 |
1,849 |
4,942 |
594 |
|
Total |
32,386 |
24,388 |
55,171 |
2,506 |
