Life Insurance Corporation of India
organizationIndian state-owned insurance group and investment company
The Life Insurance Corporation of India (LIC) is an Indian public sector life insurance company headquartered in Mumbai, Maharashtra, India. It is India's largest insurance company and its largest institutional investor with total assets under management worth ₹57.29 lakh crore (US$590 billion) as of May 2026. It is under the ownership of Government of India and administrative control of the Ministry of Finance.
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