Question : Life Insurance Corporation of India

(a) the details of the total number of offices/branches of Life Insurance Corporation of India (LIC) functioning in the country and the number of officers/employeesworking therein, State-wise including Tamil Nadu;
(b) the total number of various policy holder who are paying premium across the country, policy-wise; and
(c) the total profit earned by the LIC for the last three years, zonal-wise?

Answer given by the minister

THE FINANCE MINISTER

(a) to (c): A statement is laid on the Table of the House.
***



Statement as referred to in reply of Lok Sabha Starred Question no. *262 for answer on 15thMarch, 2021/ Phalguna 24, 1942 (Saka) regarding “Life Insurance Corporation of India” by SHRI RAMALINGAM S. AND DR. T. R. PAARIVENDHAR, Hon’ble Membersof Parliament

State and Union territory-wise details of total number of offices/branches and officers/employees of theLife Insurance Corporation of India (LIC) as furnished by LIC, are at Annex ‘A’ and Annex ‘B’ respectively.

The number of individual, paying premium for life policies of LIC, as on 28.02.2021,as furnished by LIC, was 21,08,37,085.

The surplus of LIC is determined for the Corporation as a whole as per the provisions of section 26of the Life Insurance Corporation Act, 1956. Surplus in respect of LIC’s total business is as under:
Amount in crores Rupees
Financial year Allocation of surplus to Central Government Allocation of surplus to policyholders Surplus
2019-20 2,697.74 51,257.12 53,954.86
2018-19 2,660.59 50,551.31 53,211.91
2017-18 2,421.82 46,014.63 48,436.45

***


Annexure–A
Annexure referred to in part (a) of Lok Sabha starred question no. *262 for answer on March 15, 2021.
State and Union territory-wise total number of offices of LIC, as on 31.1.2021
S. No. State and Union territory Total number of offices
1 Andaman and Nicobar Islands 2
2 Andhra Pradesh 195
3 Arunachal Pradesh 7
4 Assam 98
5 Bihar 179
6 Chandigarh 10
7 Chhattisgarh 86
8 Dadra and Nagar Haveli and Daman and Diu 2
9 Delhi 85
10 Goa 19
11 Gujarat 265
12 Haryana 101
13 Himachal Pradesh 40
14 Jammu and Kashmir 44
15 Jharkhand 112
16 Karnataka 293
17 Kerala 246
18 Ladakh 1
19 Lakshadweep 1
20 Madhya Pradesh 338
21 Maharashtra 509
22 Manipur 15
23 Meghalaya 9
24 Mizoram 7
25 Nagaland 8
26 Odisha 147
27 Puducherry 9
28 Punjab 150
29 Rajasthan 267
30 Sikkim 2
31 Tamilnadu 497
32 Telangana 146
33 Tripura 18
34 Uttar Pradesh 671
35 Uttarakhand 56
36 West Bengal 327
Total 4,962



Annexure–B
Annexure referred to in part (a) of Lok Sabha starred question no. *262 for answer on March 15, 2021
State and Union territory-wise details of employees of LIC, as on 31.03.2020

S.No State and Union Territory Class I Officers Class II (Development Officers) Class III Class IV
1 Andaman and Nicobar Islands 8 5 10 0
2 Andhra Pradesh 1,308 1,212 2,654 27
3 Arunachal Pradesh 11 13 15 1
4 Assam 783 641 1,338 197
5 Bihar 1,339 1,012 1,961 204
6 Chandigarh 155 56 247 1
7 Chhatisgarh 471 315 827 59
8 Delhi 1,230 700 1,547 42
9 Goa 156 110 279 6
10 Gujarat 1,696 1,623 3,879 137
11 Haryana 663 571 949 14
12 Himachal Pradesh 265 214 493 1
13 Jammu and Kashmir 258 172 278 3
14 Jharkhand 623 532 1,157 97
15 Karnataka 1,822 1,371 3,924 106
16 Kerala 1,348 930 2,026 18
17 Ladakh 3 3 0 0
18 Madhya Pradesh 1,792 1,159 2,450 83
19 Maharashtra 5,408 3,315 7,362 218
20 Manipur 40 35 63 6
21 Meghalaya 17 23 45 4
22 Mizoram 7 3 0 1
23 Nagaland 17 21 30 5
24 Odisha 1,033 752 1,680 211
25 Puducherry 24 26 53 1
26 Punjab 742 717 1,227 26
27 Rajasthan 1,691 1,156 2,593 52
28 Sikkim 7 18 24 0
29 Tamil Nadu 2,181 1,815 4,885 48
30 Telangana 1,276 871 2,290 52
31 Tripura 70 59 95 14
32 Utarakhand 442 316 688 20
33 Uttar Pradesh 3,392 2,773 5,160 258
34 West Bengal 2,108 1,849 4,942 594
Total 32,386 24,388 55,171 2,506


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