Losses of Private Life Insurance Companies

Jan 24th, 20113 Comments
Total Accumulated Loss of Private Life Insurance Companies as at 31.3.2010 is Rs.17,817.50 Cr.

15 out of the total 22 Pvt. Life Ins. Cos. made loss in 2009-10. 19 (out of the total 22) Pvt. Life Ins. Cos. still have accumulated losses,even though 7 Cos. managed to ‘SHOW’ profit for 2009-10.

Here is the Data:

Will anybody want to travel on a sinking ship?

Also the claim settlement ratio of Private Life Insurance Companies is equally bad in comparison with LIC of India.

You can get in touch with us at info@investinsure.in for personalized presentations of  Plans from LIC of INDIA

Kevin G

3 Responses to “Losses of Private Life Insurance Companies”

  1. Have you 2011 loss & Profit data of All Insurance Companies?

  2. SANJIB PATHAK says:

    What will be loyalty addition of lic jeevan saral policy of 1000 premium mly for 10 yrs term of 60 yrs age?

  3. admin says:

    It will be between 6 to 10 % based upon the performance. For more details you may refer the page


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