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View Full Version : LIC to surpass first premium mop-up target



IndiaInsurance
12th January 2010, 07:16 AM
Life Insurance Corporation (LIC) said it is well on target of the Rs 48,000 crore first premium collection during the current fiscal. The insurance major also said it has shifted focus towards introducing more conventional products and added that it will continue to put upto 10% of its investible funds into equity markets. The insurance giant is also firm on continuing with agents commission as long as the government permits and said it will have a net addition of 20% agents (of the total size) every year to not only take on competition but to grow aggressively while retaining its ...

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