1 For Private Circulation only SEPTEMBER 2011 Monthly e - bulletin Published by Mktg-CLIA Dept, Central Office, Mumbai
1
For Private Circulation only
SEPTEMBER 2011
Monthly e - bulletin
Published by Mktg-CLIA Dept, Central Office, Mumbai
2
September 2011
EXECUTIVE DIRECTOR’S MESSAGEEXECUTIVE DIRECTOR’S MESSAGEEXECUTIVE DIRECTOR’S MESSAGEEXECUTIVE DIRECTOR’S MESSAGE
Dear Chief Life Insurance Advisors, Our Corporation celebrated its 55th anniversary on 1st September,2011. During the year 2010-11, the
Corporation sold more than 3.7 Crore individual policies capturing market share of 76.92%. Total
premium collection was Rs.2.03.358 Crore. It settled over 1.83 Crore claims totaling Rs.52160 Crore.
The Corporation will pay a bonus of Rs.21580 Crore to policyholders comparing to last year’s 19557
Crore. Total Life Fund of the Corporation stood at 1151200 Crore and Total Asset stood at 1317416
Crore.
Such stupendous achievement has been possible due to the trust of the customers in the brand
“LIC” and total involvement of all stakeholders. I congratulate all of you for your contribution to the
growth of the Corporation.
One of the decisions taken in all India SDMs’ Conference was that 60% of our CLIAs are to get
incentive in this year. Why 60%? I sincerely want that all of our CLIAs should get various allowances
available under the Scheme. This will be possible if all of our CLIAs fulfill the escalated FYP of Rs.9.75
lacs with 5 or more Supervised Agents. We can strengthen our channel by recruiting large number of
Supervised Agents and by increasing their productivity.
We can come out of the existing negative growth of First Premium by procuring large volume of
New Business in this month because our activities may suffer a set back in the next month due to many
festive occasions.
My Best Wishes to all of you,
Executive Director (Mktg-CLIA)
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ZONAL BUSINESS STATEMENT— FPI & NOP, AS ON 31.08.2011
TOP 5 DIVISIONS AS ON 31.08.2011
September 2011
S.No ZONE FPI (Crs) NOP
(Thousands)
1 NZ 180.96 182.40
2 WZ 100.43 79.90
3 NCZ 89.80 92.43
4 SCZ 87.84 105.67
5 SZ 75.85 120.88
6 ECZ 52.11 82.95
7 EZ 49.74 45.74
8 CZ 37.53 39.77
Total 674.26 749.73
RANK NAME OF DIVISION FPI (Crores) NAME OF DIVISION NOP
1 DELHI I 1670.69 FAIZABAD 19060
2 SRINAGAR 1582.70 CUTTACK 19006
3 SHIMLA 1545.16 KARNAL 16394
4 KARNAL 1527.55 JODHPUR 15636
5 DELHI II 1507.00 TRIVANDRUM 13872
Food for thought
In any moment of decision, the best thing you can do is do the
right thing.
The worst thing you can do is do nothing.
[Theodore Roosevelt]
0
20
40
60
80
100
120
140
160
180
200
NZ WZ NCZ SCZ SZ ECZ EZ CZ
FPI(CR) NOP (In Thousands)
4
September 2011
TOP 5 CLIAS ON FPI & NOP AS ON 31.08.2011
RANK NAME OF CLIA DIVISION FPI
(LAKHS)
NAME OF CLIA DIVISION NOP
1 SRI PARESH R.
PANCHAL
MDO I 1167.10 SRI MEHNGA RAM SHARMA JALANDHAR 1623
2 SRI MUKAND LAL SHIMLA 307.19 SRI N C SAHOO DELHI III 1274
3 SRI AMIT KUMAR
GUPTA
BAREILLY 290.98 SRI P. SURYAPRAKASH NELLORE 1084
4 SRI HITESH M. SHAH MDO IV 191.11 SRI DWARIKA SINGH FAIZABAD 1073
5 SRI NISAR A ZARGAR SRINAGAR 187.85 SRI SUSHIL KR. GUPTA BEGUSARAI 1056
RANKING OF ZONES ON THE BASIS OF SUPERVISED AGENTS ON ROLL AS ON 31.08.2011
RANK ZONE SUPERVISED
AGENTS
1 NZ 30332
2 SZ 26463
3 SCZ 22782
4 NCZ 20346
5 WZ 17819
6 ECZ 15510
7 EZ 11805
8 CZ 8064
Total 153121
Food for thought
If a drop of water falls in a lake, there is no identity. But if it falls on a leaf of lotus, it shines like a pearl. We need to choose the best place where we can shine.
1 NZ
20%
2 SZ
17%
3 SCZ
15%
4 NCZ
13%
5 WZ
12%
6 ECZ
10%
7 EZ
8%
8 CZ
5%
SUPERVISED AGENTS
1 NZ
2 SZ
3 SCZ
4 NCZ
5 WZ
6 ECZ
7 EZ
8 CZ
5
September 2011
TOP 5 BRANCHES WITH CLIAS’ CONTRIBUTION IN FPI , AS ON 31.08.2011
RANK ZONE BRANCHES
1 NZ 173
2 WZ 68
3 NCZ 67
4 SZ 65
5 SCZ 63
6 ECZ 34
7 CZ 32
8 EZ 27
Total 529
RANK ZONE DIVISION BRANCH % SHARE
1 NZ SRINAGAR DODA 61.34
2 NCZ BAREILLY TILHAR 59.68
3 WZ MDO I 913 58.83
4 NZ SHIMLA NALAGARH 53.20
5 WZ AMRAVATI CAB 9152 52.08
ZONEWISE NO.OF BRANCHES WITH MORE THAN 10% SHARE FROM CLIA CHANNEL
IN BRANCH FPI, AS ON 31.08.2011
Just for Laughs !!!
Teacher to students: Imagine u r a millionaire. Write ur life history.
Chintu didn’t write.
Teacher: why are you not writing?
Chintu : I’m waiting 4 my secretary 2 take notes…
0
20
40
60
80
100
120
140
160
NZ NCZ SZ SCZ WZ ECZ CZ EZ
No. of Branches
0
20
40
60
80
100
120
140
160
180
NZ SCZ SZ NCZ WZ ECZ CZ EZ
No. of Branches
No. of Branches
6
September 2011
Feed Back!—Please send your feed back at [email protected]
ONE Active Premium Points
Aug, 2010 Aug, 2011
No. of Collections
Aug, 2010 Aug, 2011
Amount in Crores
Aug, 2010 Aug, 2011
NZ 2306 2940 354852 474988 141.65 192.63
NCZ 968 1359 161050 251262 56.30 90.33
CZ 337 571 40647 64456 16.20 25.64
ECZ 579 774 80862 122376 25.50 38.79
EZ 769 1103 103151 166669 34.35 53.55
SCZ 1237 1669 182400 282327 63.83 102.69
SZ 2090 2781 357550 538063 93.26 140.17
WZ 2392 3388 638318 905967 273.35 399.04
TOTAL 10678 14585 1918830 2806108 704.44 1042.84
ZONAL POSITION OF PREMIUM POINTS FOR THE MONTH OF AUG, 2011