India’s Top PSUs 2019

India’s Top PSUs 2019 71 Dun & Bradstreet D-U-N-S® No Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income Net Premium Earned AUM Ratios (%) Solvency Ratio Net Premium Growth Dun & Bradstreet D-U-N-S® No Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income Net Premium Earned AUM Ratios (%) Solvency Ratio Net Premium Growth Dun & Bradstreet D-U-N-S® No Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income Net Premium Earned AUM Ratios (%) Solvency Ratio Net Premium Growth Life Insurance Corporation of India About the Company Life Insurance Corporation of India (LIC) was established in 1956. LIC offers a wide range of insurance products such as insurance plans, pension plans, unit plans, special plans, health plans, withdrawn plans, and micro insurance plans. Some of its plans in each of these categories include; Jeevan Pragati, Jeevan Rakshak, Bima Diamond, Jeevan Arogya, Jeevan Lakshya, Jeevan Tarun, and New Bima Bachat among others. It also offers various group insurance schemes, such as Group Credit Life Insurance, Aam Admi Bima Yojana, and New Group gratuity Cash accumulation scheme. As of March 31, 2018, the company had 8 zonal offices, 113 divisional offices, 2,048 branch offices, 1,431 satellite offices (SOs) and 1,226 mini offices. Yogakshema, Jeevan Bima Marg, Nariman Point, Mumbai - 400021, Maharashtra Website: www.licindia.in 65-005-6716 5,236,491.0 N.A. 3,178,509.9 N.A. 25,269,230.6 N.A. 1.6 N.A. 5.9 N.A. The New India Assurance Company Limited About the Company The New India Assurance Co Ltd (NIACL), established in 1919 and nationalized in 1973, is a multinational general insurance company with operations in 28 countries. NIACL provides motor, health, travel, rural and marine insurance. The company also provides insurance cover for personal accident (death or bodily injury); personal accident compensation cover including reimbursement of hospitalization expenses incurred due to an accident; house holder; machine insurance, fire declaration, office protection, shopkeeper, loss of profit insurance, marine cum erection insurance, standalone terrorism. As of Mar 31, 2019, NIACL has a network of 2,395 branches across the country with 104 offices in rural areas. NIACL had five subsidiaries/associate companies as of FY19. The New India Assurance Building, #87, M.G. Road, Fort, Mumbai - 400001, Maharashtra Website: www.newindia.co.in 86-213-1364 249,950.9 N.A. 197,246.0 N.A. 349,716.0 N.A. 2.6 N.A. 10.7 N.A. National Insurance Company Limited About the Company National Insurance Company Ltd (NIC) was incorporated in 1906. In 1972, in line with the General Insurance Business Nationalization Act, 21 foreign and 11 Indian companies were amalgamated with the company and subsequently, NIC was made a subsidiary of GIC. Presently, it operates as a GoI undertaking. NIC provides a range of general insurance products for individual, rural, industrial, and commercial customers. The company offers various insurance policies under motor, health, personal, rural, industrial, electronic equipment, fire and special perils, and shopkeeper’s insurance. The company operates through a network of 1,998 branches including 1,862 urban and 136 rural branches across the country. 3 Middleton Street, Prafulla Chandra Sen Sarani, Kolkata - 700071, WB Website: www.nationalinsuranceindia.nic.co.in 65-028-1488 148,073.9 134,097.9 112,665.5 104,002.3 215,897.3 N.A. 1.6 1.0 4.3 (7.7)