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Life Insurance Corporation

Index Life Insurance Corporation

Life Insurance Corporation of India (LIC) is an Indian state-owned insurance group and investment company headquartered in Mumbai. [1]

34 relations: Bhagavad Gita, Capital (economics), Compound annual growth rate, Devanagari, Economy of India, Financial services, Government of India, Great Depression, Gross domestic product, Health insurance, India, Indian independence movement, Indian Rebellion of 1857, Industrial Policy Resolution of 1956, Insurance, Insurance in India, Investment company, Investment management, Kolkata, LIC Housing Finance, Life insurance, Liquidation, Monopoly, Mumbai, Mutual fund, Parliament of India, Sanskrit, State ownership, State-owned enterprise, Surendranath Tagore, The Brand Trust Report, The Times of India, World War I, World War II.

Bhagavad Gita

The Bhagavad Gita (भगवद्गीता, in IAST,, lit. "The Song of God"), often referred to as the Gita, is a 700 verse Hindu scripture in Sanskrit that is part of the Hindu epic Mahabharata (chapters 23–40 of the 6th book of Mahabharata).

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Capital (economics)

In economics, capital consists of an asset that can enhance one's power to perform economically useful work.

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Compound annual growth rate

Compound annual growth rate (CAGR) is a business and investing specific term for the geometric progression ratio that provides a constant rate of return over the time period.

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Devanagari

Devanagari (देवनागरी,, a compound of "''deva''" देव and "''nāgarī''" नागरी; Hindi pronunciation), also called Nagari (Nāgarī, नागरी),Kathleen Kuiper (2010), The Culture of India, New York: The Rosen Publishing Group,, page 83 is an abugida (alphasyllabary) used in India and Nepal.

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Economy of India

The economy of India is a developing mixed economy.

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Financial services

Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.

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Government of India

The Government of India (IAST), often abbreviated as GoI, is the union government created by the constitution of India as the legislative, executive and judicial authority of the union of 29 states and seven union territories of a constitutionally democratic republic.

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Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Health insurance

Health insurance is insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons.

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India

India (IAST), also called the Republic of India (IAST), is a country in South Asia.

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Indian independence movement

The Indian independence movement encompassed activities and ideas aiming to end the East India Company rule (1757–1857) and the British Indian Empire (1857–1947) in the Indian subcontinent.

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Indian Rebellion of 1857

The Indian Rebellion of 1857 was a major uprising in India between 1857–58 against the rule of the British East India Company, which functioned as a sovereign power on behalf of the British Crown.

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Industrial Policy Resolution of 1956

Industrial Policy Resolution of 1956 (IPR 1956) is a resolution adopted by the Indian Parliament in April 1956.

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Insurance

Insurance is a means of protection from financial loss.

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Insurance in India

Insurance in India refers to the market for insurance in India which covers both the public and private sector organisations.

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Investment company

An investment company is a company whose main business is holding and managing securities for investment purposes.

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Investment management

Investment management is the professional asset management of various securities (shares, bonds and other securities) and other assets (e.g., real estate) in order to meet specified investment goals for the benefit of the investors.

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Kolkata

Kolkata (also known as Calcutta, the official name until 2001) is the capital of the Indian state of West Bengal.

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LIC Housing Finance

LIC Housing Finance Limited (LIC HFL) is one of the largest Housing Finance companies in India having its Registered and Corporate office at Mumbai.

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Life insurance

Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder).

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Liquidation

In United Kingdom, Republic of Ireland and United States law and business, liquidation is the process by which a company is brought to an end.

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Monopoly

A monopoly (from Greek μόνος mónos and πωλεῖν pōleîn) exists when a specific person or enterprise is the only supplier of a particular commodity.

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Mumbai

Mumbai (also known as Bombay, the official name until 1995) is the capital city of the Indian state of Maharashtra.

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Mutual fund

A mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.

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Parliament of India

The Parliament of India is the supreme legislative body of the Republic of India.

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Sanskrit

Sanskrit is the primary liturgical language of Hinduism; a philosophical language of Hinduism, Sikhism, Buddhism and Jainism; and a former literary language and lingua franca for the educated of ancient and medieval India.

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State ownership

State ownership (also called public ownership and government ownership) is the ownership of an industry, asset, or enterprise by the state or a public body representing a community as opposed to an individual or private party.

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State-owned enterprise

A state-owned enterprise (SOE) is a business enterprise where the state has significant control through full, majority, or significant minority ownership.

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Surendranath Tagore

Surendranath Tagore (1872–1940) was a Bengali author, literary scholar, and translator.

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The Brand Trust Report

The Brand Trust Report, India Study is an annual study by N. Chandramouli based on a primary research conducted across Indian cities based on a proprietary 61-attribute "Trust Matrix".

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The Times of India

The Times of India (TOI) is an Indian English-language daily newspaper owned by The Times Group.

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World War I

World War I (often abbreviated as WWI or WW1), also known as the First World War, the Great War, or the War to End All Wars, was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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Redirects here:

LIC India, LICI, Life Insurance Corp. of India, Life Insurance Corporation of India.

References

[1] https://en.wikipedia.org/wiki/Life_Insurance_Corporation

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