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On January 20 this yr, a formidable 4,52,839 LIC brokers collectively issued 5,88,107 life insurance coverage insurance policies throughout India. In response to the LIC, this monumental effort established a brand new world benchmark for agent productiveness within the life insurance coverage trade inside a 24-hour interval
The report try was the fruits of a considerate initiative by Siddhartha Mohanty, CEO and MD, LIC within the type of an enchantment to each agent to finish not less than one coverage on “Mad Million Day” (January 20, 2025). Mohanty thanked all esteemed clients, brokers and workers for making “Mad Million Day” historic as their unbelievable efficiency of procuring report variety of insurance policies on a single day has now been recognised globally.
“Workforce LIC is totally thrilled to obtain this prestigious Guinness World Data title. It’s a highly effective validation of the relentless dedication, talent, and tireless work ethics of our brokers. This achievement displays our deep dedication in the direction of our mission to offer important monetary safety to our clients and their households,” mentioned the corporate.
Life Insurance coverage Company of India Achieves GUINNESS WORLD RECORDS. Most Life Insurance coverage Insurance policies Bought In 24 Hours.#LIC #LICInsurancePolicy #GuinnessWorldRecord pic.twitter.com/WRTwZ7UtLt
— LIC India Perpetually (@LICIndiaForever) May 24, 2025
LIC lately reported a 9.91% year-on-year enhance in new enterprise premium for April, outpacing the general trade progress of 8.43% and the 6.09% rise recorded by non-public life insurers. In response to information launched by the Life Insurance coverage Council, LIC collected Rs 13,610.63 crore in new enterprise premiums final month, up from Rs 12,383.64 crore in April final yr.
The entire new enterprise premium for the life insurance coverage trade stood at ₹21,965.73 crore in April, reflecting an 8.43% enhance from Rs 20,258.86 crore in the identical month final yr. Non-public life insurers contributed Rs 8,355.10 crore, marking a 6.09% rise in comparison with Rs 7,875.22 crore a yr in the past. (With IANS Inputs)
