{"id":2526,"date":"2023-12-13T04:40:16","date_gmt":"2023-12-13T04:40:16","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?p=2526"},"modified":"2025-05-08T11:51:09","modified_gmt":"2025-05-08T11:51:09","slug":"lic-case-study-business-model-and-swot-analysis","status":"publish","type":"post","link":"https:\/\/wp-api.pocketful.in\/blog\/lic-case-study-business-model-and-swot-analysis\/","title":{"rendered":"LIC Case Study: Business Model and SWOT Analysis"},"content":{"rendered":"\n
\"Lice<\/figure>\n\n\n\n

Everyone is familiar with LIC so much that for us, life insurance means LIC. But have you wondered what the business model of LIC is? How big is it, and how does it impact the insurance world?<\/p>\n\n\n\n

In this case study, we will be answering such questions.<\/p>\n\n\n\n

The Life Insurance Corporation of India (LIC), established in 1956, is a public life insurance company headquartered in Mumbai, India. The primary objective of LIC is to enhance the quality of people’s life by spreading life insurance products to the underprivileged and economically backward population.<\/p>\n\n\n\n

LIC has six associate companies and seven subsidiaries. It ranks #1 among the insurance companies in India by size.<\/p>\n\n\n\n

LIC went public in May 2022; however, only 3.5% of the equity is owned by the public and the rest 96.5% is owned by the promoter and promoter group, i.e., the government of India.<\/p>\n\n\n\n

\"LIC<\/figure>\n\n\n\n

Read Also: <\/strong>Kotak Mahindra Bank: Business Model and SWOT Analysis<\/a><\/p>\n\n\n\n

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