Life Insurance Corporation of India (LICI.NS)

1,067.65 +54.95 (+5.43%) At close: 03:30PM IST

Life Insurance Corporation of India

Yogakshema Building
Jeevan Bima Marg Nariman Point
Mumbai 400021
India
91 22 2202 2079
https://www.licindia.in

Sector(s): Financial Services
Industry: Insurance - Life
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Siddhartha Mohanty	CEO, MD & Whole Time Chairman	8.35M	N/A	1963
Mr. Sunil Agrawal	Chief Financial Officer	N/A	N/A	N/A
Mr. R. Sudhakar	Executive Director of Marketing & Product Development and Chief Marketing Officer	N/A	N/A	N/A
Mr. Tablesh Pandey	MD & Executive Director	N/A	N/A	1965
Mr. P. Kumaresan	Executive Director of Audit & Chief Internal Auditor	N/A	N/A	N/A
Mr. M Jagannath	MD & Director	226k	N/A	1965
Mr. Dinesh Pant	Executive Director of Actuarial & Appointed Actuary	N/A	N/A	N/A
Mr. Ratnakar Patnaik	Executive Director of Investment Front Office & Chief Investment Officer	N/A	N/A	N/A
Mr. Anshul Kumar Singh	Company Secretary & Compliance Officer	N/A	N/A	N/A
Mr. Sat Pal Bhanoo	MD & Director	N/A	N/A	1965

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Life Insurance Corporation of India provides life insurance products in India, Fiji, Mauritius, and the United Kingdom. It offers insurance plans, including endowment, whole life, money back, and term assurance plans, as well as riders comprising accidental death and disability benefit, critical illness benefit, and premium waiver benefit riders. The company also provides pension, unit linked, micro insurance, withdraw, and health plans, as well as various group schemes. Life Insurance Corporation of India was incorporated in 1956 and is based in Mumbai, India.

Corporate governance

Life Insurance Corporation of India’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.