Ethical Compliance
LIFE INSURA CORP OF INDIA
Sector:
Financial Services
Industry:
Insurance - Life
Market Cap Class:
large
Revenue
5572.5%
Debt
0%
Liquidity
50.5%
Revenue
Debt
Liquidity
5572.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| other | ₹3,79,39,754.00 |
Questionable
INR Crores
| premium | ₹4,77,52,105.00 |
Non Compliant
INR Crores
INR Crores
| Revenue from Questionable Sources: | ₹4,77,52,105.00 |
| Revenue from Non Compliant Sources: | ₹0.00 |
| Total: | ₹4,77,52,105.00 |
| Total Revenue: | ₹8,56,918.59 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹4,77,52,105.00
₹8,56,918.59
= 5572.5%
non-compliant
Rationale
The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.
