New Business Underwritten, Revenue Mobilised, Expenditure Incurred & Other Salient Features of LIC (1999-2000 & 2000-01) | ||
( Rs. in Crore) | ||
Items | 2000-2001 | 1999-2000 |
Individual Insurance | ||
Sum Assured | ||
Assurances | ||
Annuities | ||
Jeevan Suraksha | ||
Number of Policies (in lakh) | ||
Assurances | ||
Annuities | ||
Jeevan Suraksha | ||
Annual Premium | ||
Assurances | ||
Annuities | ||
Jeevan Suraksha | ||
Group Schemes | ||
Sum Assured | ||
Annuities Per Annum | ||
Number of Schemes | ||
Group Insurance Schemes | ||
Social Security Group Schemes | ||
Rural Group Life Insurance Scheme (RGLIS) | ||
Group Superannuation Schemes | ||
Number of Lives (in Lakh) | ||
Group Insurance Schemes | ||
Social Security Group Schemes | ||
Rural Group Life Insurance Scheme (RGLIS) | ||
Group Superannuation Schemes | ||
Business in Force | ||
Individual Insurance | ||
Sum Assured | ||
Assurances | ||
Annuities | ||
Jeevan Suraksha | ||
Number of Policies (in lakh) | ||
Assurances | ||
Annuities | ||
Jeevan Suraksha | ||
Group Schemes | ||
Sum Assured | ||
Annuities Per Annum | ||
Number of Schemes | ||
Group Insurance Schemes | ||
Group Superannuation Schemes | ||
Number of Lives (in Lakh) | ||
Group Insurance Schemes | ||
Group Superannuation Schemes | ||
Income | ||
Individual Insurance | ||
First Year Premium | ||
%age Increase over previous Year | ||
Renewal Premium | ||
Single premium and Consideration for Annuities Granted | ||
Individual Pension Schemes | ||
First Year Premium | ||
Renewal Premium | ||
Consideration for Annuities Granted | ||
Group Insurance Schemes | ||
Group Insurance Schemes | ||
Group Superannuation Premium | ||
Total Premium Income | ||
%age Increase over previous Year | ||
Income from Investments | ||
Miscellaneous | ||
Total Income | ||
Jeevan Suraksha Premium | ||
Outgo | ||
Payment to Policy Holders | ||
Claims by Maturity | ||
Number (in Lakh) | ||
Amount | ||
Claims by Death | ||
Number (in Lakh) | ||
Amount | ||
Annuities | ||
Surrenders. Etc. | ||
Total | ||
Expenses of Management | ||
Commission etc. to Agents | ||
Salary and other Benefits to Employees | ||
Other Expenses of Management | ||
Total | ||
Other Outgo (Taxes Transfers to Reserves etc. | ||
5% of Valuation Surplus Paid to the Central Government | ||
Total | ||
Total Outgo | ||
Life Insurance Fund | ||
Fund at the Beginning of the Year | ||
Add . Transfer from CRAC Business | ||
Excess of the Income Over Outgo Added to Fund | ||
Fund at the End of the Year | ||
% Increase over the Previous Year | ||
Out Standing Claims at the End of Year | ||
Maturity | ||
Death | ||
Total | ||
Ratio of Expenses of Management to Total Premium Income | ||
Commission etc. to Agent | ||
Salary and Other Benefits to Employees | ||
Other Expenses of Management | ||
Overall Expenses Ratio | ||
Renewal Expenses Ratio | ||
Renewal Expenses Ratio after Excluding Premium and Expenses relating to Group Insurance Business | ||
Ratio of Outstanding Claims to Claims Payable # | ||
Rate of Internets Realised on Mean Life Insurance fund |