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India has witnessed lots of volatility in Employment in Life Insurance Corporation from 2000-01 to 2015-16. Employment in Life Insurance Corporation was 114.8 thousand during 2015-16. In percentage terms, the decline was -2.3% as compared to 2014-15. We have seen a decline of -2.41% in Employment in Life Insurance Corporation from 120.4 thousand during 2013-14 to 117.5 thousand during 2014-15.
We have seen a decline of -0.6% in Employment in Life Insurance Corporation from 116.1 thousand during 2009-10 to 115.4 thousand during 2010-11. We have seen a growth of 0.26% in Employment in Life Insurance Corporation from 113.7 thousand during 2006-07 to 114 thousand during 2007-08. We have seen a decline of -0.95% in Employment in Life Insurance Corporation from 115.7 thousand during 2003-04 to 114.6 thousand during 2004-05.
Employment in Life Insurance Corporation was 117.1 thousand during 2002-03. In percentage terms, the decrease was -1.18% as compared to 2001-02. We have seen a decline of -1.41% in Employment in Life Insurance Corporation from 120.2 thousand during 2000-01 to 118.5 thousand during 2001-02.
The maximum annual growth in Employment in Life Insurance Corporation of 4.4 thousand was recorded in the year 2011-12 during the period under consideration. The maximum annual growth in percentage terms in Employment in Life Insurance Corporation of 3.81% was recorded in the year 2011-12 during the period under consideration.
Note: Data values are in 000 number; NA: Not Available; *: Data indicates employment in Life Insurance Corporation of India only; **: Total Strength of employees of four public sector non-life general insurance (GIPSA) companies namely New India Assurance Co. Ltd, The National Insurance Co. Ltd, The Oriental Insurance Co. Ltd, United India Insurance Co. Ltd.; Figure of The Oriental Insurance Co. Ltd. not included; Source: Life Insurance Corporation of India, General Insurers’ (Public Sector) Association of India and also published in Statistical Year Book 2017 by MOSPI.
Dataset URL: https://data.gov.in/catalog/employment-insurance-sector
Resource Title: Employment in Insurance from 2000-01 to 2015-16