Country Profile - India: 52 Years and Still Going Strong
Source: Asia Insurance Review | Jan 2009
The Life Insurance Corporation of India (LIC) is the country’s largest and oldest life insurer as well as one of the largest life insurers in the world. Ranked as the most trusted service brand for the fifth consecutive year by the Economic Times Brand Equity Survey, the company also boasts one of the best claim settlement ratios in the world. Mr T S Vijayan, Chairman, of LIC, gives Asia Insurance Review an insight into how the company did in 2008 and its strategies to move forward in this very critical juncture when financial markets worldwide are in a state of flux.
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