Page 39 - Life Insurance Today January-June 2020

No Name of the Company Contact Info
20 Sahara India Life Insurance Company Limited
Sahara India Bhawan,
Kopoorthala Complex, Lucknow 226024 Tel : 0522-2337777
Fax : 0522-2332683
www.saharalife.com
21 SBI Life Insurance Company Limited
5th floor "Natraj",
M.V Road & Western Express Highway Junction,
Andheri (E), Mumbai - 400 069 Tel : 022-61910000
Fax : 022-66392025
www.sbilife.co.in
22 Shriram Life Insurance Company Limited
Ramky Selenium, Plot No. 31 & 32,
Beside Andhra Bank Training Centre,
Financial District, Gachibowli, Hyderabad - 500032 Tel : +91-40-23009400
Fax : 040-23434488
www.shriramlife.com
23 Star Union Dai-ichi Life Insurance Company Limited
11th Floor, Raghuleela Arcade, IT park, Sector 30 A,
Opp. Vashi Railway Station, Vashi,
Navi Mumbai - 400 703 Tel : 022-39546300
Fax : 022-39546311
www.sudlife.in
24 Tata AIA Life Insurance Company Limited
14th floor,Towe A,
Peninsula Business Park,
SenapatiBapat Marg, Lower Parel,
Mumbai - 400 013 Tel : 022-66516000
Fax : 022-66550711
www.tataaia.com

LIC to conduct valuation of its business

As a precursor to its IPO, LIC will soon begin to conduct the process of the valuation of its business. Addressing the
media, LIC chairman M R Kumar said, “The Life Insurance Corporation of India Act would need to be amended for the
public offering. The laws that would need to be changed include the ones on dividend distribution and creation of a
separate fund.”
Kumar further said, “LIC’s market share in terms of the first-year premium and the number of policies as of January
end stood at 80% and 77.6% respectively. LIC has made a conscious decision to increase the share of individual regular
premium policies, which has grown at the rate of 40%—the highest in recent years.”

Death is not the greatest loss in life. The greatest loss is what dies inside us while we live.

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