Investor Presentaiton
ABBREVIATION
LIC
भारतीय जीवन बीमा निगम
LIFE INSURANCE CORPORATION OF INDIA
Term
Description
Term
GWP
Gross Written Premium
Opex
NBP
New Business Premium
CAGR
NOP
Number of Policies
GDP
Description
Operating Expenses (excluding commission)
Compounded Annual Growth Rate
Gross Domestic Product
APE
Annualized Premium Equivalent
INR (Rs.)
Indian Rupees
IRP
Individual Rated Premium
SSS
AUM
Assets Under Management
Banca
Bancassurance
TAT
Traditional
Segment
ULIP
Unit Linked Insurance Plan
Traditional Channel
PAR
NON PAR
Participating
VONB
Salary Saving Scheme
Turn Around Time
Other than Unit Linked Insurance Pllan
Bancassurance + Agency
Value of New Business
Non-Participating
VoNB Margin
Value of New Business Margin
SDGs
Sustainable Development Goals
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