News

Center of Indian Trade Unions (CITU) condemns Modi government’s direction to LIC to acquire 51% stake in debt-ridden IDBI bank and also the IRDAI for giving permission violating its own norms of not allowing LIC to hold more than 15% shares in banks.

This move of Modi government will be helping the corporates, who have dragged IDBI into huge losses through NPAs, and the government itself by mopping up over Rs.13,000 crore from LIC to meet its fiscal deficit.

LIC is the only insurance company which is having a track record of 99.92% of claims settlement and is having the highest confidence of the public. This move of the government will lower the small investors like workers, presents, middle class employees and professionals’ confidence in LIC. This act of the government is also to favor private players in insurance sector.

In a letter to LIC chairman on 25 June, the biggest oraganisation of LIC employees, All India Insurance Employees Association (AIIEA), opposed LIC’s taking over 51% shares of debt-ridden IDBI bank.

CITU demands of IRDAI to withdraw its exceptional decision allowing LIC to acquire 51% stake in loss making IDBI bank and of the Modi government to desist from pressuring LIC to acquire 51% shares of IDBI.

(Tapan Sen)

General Secretary


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Other Circular

Dear Comrades,

Please find attached herewith AIIPA Circular No 17.


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AIIEA Circular

Dear Comrade, Download the attachment on the above subject.


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AIIEA Circular

Dear Comrade, PLease find the attachment.


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AIIEA Circular

Dear Comrades, Please download the attachment on the above subject.


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Other Circular

Dear Comrades, Please find attached herewith AIIPA Circular No 16.


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AIIEA Circular

Dear Comrade, Please download the attachment.


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AIIEA Circular

Comrade, Please find the circular - date rectified (period of work of a candidate).


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Other Circular

Dear Comrades, Please find attached herewith AIIPA Circular No 15.


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AIIEA Circular

Dear Comrade,

  1. Please download the attachments.
  2. We have also attached a draft letter addressed to the Chairman, LIC by all the eligible candidates. Advise all our units to inform the eligible candidates to send the letter through Sr. Divisional Manger.

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Appeal to Candidates

We wish you all success in your written examinations.

All India Insurance Employees’ Association (AIIEA) is a largest & the oldest Trade Union in Insurance Industry & LIC. After you join the LIC and become a Member of this wonderful Association AIIEA, you will be knowing much more about the History and achievements of AIIEA in detail. Please feel free to contact us for any clarifications and help.


AIIEA President's Message

Dear Friends,
Warmest Greetings

The LIC of India is the finest financial institution in the country. It is the largest life insurance company in the world in terms of the number of policies it serves and claims it settles. LIC is the single largest investor in the Indian economy. Though it currently serves over 42 crore policyholders, it has touched the life of every Indian Citizen through its contribution to the nation building activities. It is therefore a matter of pride to work for such a Premier Public Sector Institution.

The LIC has announced 8000 vacancies for recruitment to the Post of Assistant throughout the country. This is a significant step in the background of unprecedented unemployment situation in India. The All India Insurance Employees’ Association (AIIEA) which is the oldest and largest trade union of insurance employees had invested lot of energy in agitating for recruitment. This struggle has now succeeded with LIC announcing to recruit 8000 persons for the post of Assistant. The AIIEA since its birth in 1951 has been working for the improvement of the wage and service conditions of the LIC employees. It is the result of these struggles that today the Pay, Service Conditions and Opportunities for career advancement in LIC are comparable to the best in the country. The AIIEA is also committed to the noblest values of mankind and therefore it engages itself in several social activities to provide relief and support to those affected by natural calamities and suffer from economic and social disadvantages.

It is with this commitment that AIIEA helps the candidates aspiring for job in LIC with free study material and free coaching classes. I hope you will take advantage of this opportunity and prepare well to face this competitive examination.

I wish you success in your endeavour and hope for your joining the great fraternity of insurance employees.

Greetings again,

Sincerely yours,
Amanulla Khan
President, AIIEA