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LIC Housing’s parent organization reports 20% fall in new business premium in December 2021

10 Jan 2022 Evaluate

LIC Housing Finance’s parent organization -- Life Insurance Corporation (LIC) has reported 20% fall in new business premium. LIC has collected Rs 11,434.13 crore as new business premium during December 2021 as compared to the premium earned during the corresponding period of 2020.

LIC Housing Finance is one of the largest Housing Finance Company in India. The main objective of the company is providing long term finance to individuals for purchase or construction of house or flat for residential purpose / repair and renovation of existing flat / houses.

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