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5,000 insurance claims settled.


MANAMA Manama
 Arabic Al-Manamah

City (pop., 2001: 143,035), capital of Bahrain. Situated at the northeastern tip of Bahrain island, it is Bahrain's largest city, with about one-fifth of the emirate's population.
: Life Insurance Corporation of India The Life Insurance Corporation of India (LICI) is the largest life insurance company in India; it is fully owned by the Government of India. It was founded in 1956.  (LIC LIC Low Intensity Conflict
LIC License
LIC Licenciado (Spanish)
LIC Long Island City
LIC Life Insurance Corporation of India
LIC Licensed Internal Code
LIC Local Independent Charities of America
LIC Line Integral Convolution
) chairman T S Vijayan Vijayan is a popular name in South India, especially in Kerala and Tamil Nadu and may refer to any of the following:
  • O. V. Vijayan, Malayalam novelist and cartoonist.
  • Pinarayi Vijayan, a politician from Kerala, belonging to the CPI(M) party.
  • I. M.
 yesterday presided over a board meeting of LIC International in Bahrain.

The meeting also discussed the company's performance during last year.

A company spokesman said LIC (International) settled 5,000 claims, worth $47,654,439, last year.

"Income on investment for the year was $23,811,223 and till August this year, it was $14,679,934," the spokesman said.

He said it was $13,630,307 till the end of August last year.

The chairman also honoured 10 of Bahrain's agents for having come into the Million Dollar Round Table category for their outstanding performances.

Copyright 2009 Gulf Daily News

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Publication:Gulf Daily News (Manama, Bahrain)
Date:Sep 30, 2009
Words:120
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