Country's largest insurer Life Insurance Corporation Of India (LIC) has paid Rs 1804.35 cr to the government of india as dividend for 2014-15.
LIC had declared a valuation surplus of Rs 36087 crore for the financial year ending 2014.
LIC has received a total premium income of Rs 239482 crore against 208589.27 crore in the previous showing a growth rate of 11.90 per cent.
The total life fund of LIC stood at Rs 1824194.95 crore as against Rs 1433103.14 crore in the previous year. the total assets of the company rose to Rs 1560481.84 crore from Rs 1417891.79crore in the previous year.
During 2014-15, LIC settled more than 2.32 crore claims for an aggregate amount of over Rs 90458.16 crore.