LIC intends to raise market share in non-participating biz, diversify channel mix: Chairman

"We intend to increase our market share of non-par business as well as diversify the channel mix while ensuring that our agents stay as the main distribution pillars of our products," LIC chairman M R Kumar told shareholders in company's annual report for FY22. With its agency count of 13.3 lakh, the insurer has a large section of them working in rural areas of the country.

from Banking/Finance-Industry-Economic Times https://ift.tt/BjQTaN6