Life Insurance Corporation of India, one of the jewel PSU, has completed 56 years of glorious service to the nation. It was formed on 1st August 1956 by nationalising certain private insurance companies for better service to the people.

During these 56 years, it has grown as the biggest life insurance company in the country with more than 70% market share. So far, even multi-national companies could not compete with LIC. The company with its 80,000 or so workers and lakhs of insurance agents through out the country gives about 98% satisfaction level to its subscribers.

In strengthening the LIC, the workers and their organisation, All India Insurance Employees Association (AIIEA) has contributed a lot. AIIEA is also one of the most militant union having waged glorious struggles to defend the LIC and the interests of the workers.

I convey my Best Wishes for continued historic growth for both LIC and AIIEA!