Multiple choice

A European company had approached an insurance company of India to manage its employees retirement funds. Identify the company.

  1. Tata AIG

  2. Birla Sun Life

  3. LIC of India

  4. Cholamandalam

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

LIC (Life Insurance Corporation) of India is the largest and most well-known Indian insurance company, handling retirement funds and pension management for millions of Indians. Many international companies approach LIC for managing employee retirement funds due to its scale and reliability. Tata AIG and Birla Sun Life are private joint ventures with smaller international operations, and Cholamandalam is a smaller Indian insurer.