LIC Pays Rs 2,611 Crore Dividend to Govt for 2018-2019, Generated Surplus of over Rs 53,000 Crore
This is the first time in LIC's history that valuation surplus has crossed Rs 50,000 crore. During 2018-19, it has paid 2.59 crore claims for an amount of Rs 1.63 lakh crore.