ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Long Rein for Short Run

LIC Misses Rural Bus BY now the annual statement of the chairman of the Life Insurance Corporation is well set in its routine mediocrity, and narration of sums and ratios: new business, share of rural policies, lapse ratio, income earned. After referring to staple items like agricultural harvest, exports and prices (without in any way relating them to LIC's business experience), M R Bhide moves swiftly to a dreary menu of statistics. New business completed in million policies, against Rs 844 crores

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