August 10, 2022
Latest News:
  • LIC valuation dips Rs. 40,000 cr on stock market fall, rising rates
  • LIC embedded value flat at Rs. 5.41 trillion
  • No takers for Rs. 3,400 croreReliance Capital bonds
  • LIC to invest Rs. 80.67 crore in rights issue of its Nepal arm
  • NHRC seeks mandatory insurance, accident covers of Rs 15 lakh for truck drivers
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Life Insurance News 

LIC valuation dips Rs. 40,000 cr on stock market fall, rising rates

August 10, 2022 admin 6 Views 0 Comments LIC, rates, stock market, valuation
Life Insurance Corp. of India (LIC) has suffered a Rs. 40,000 crore hit on its valuation due to the extended Read more
Life Insurance News 

LIC embedded value flat at Rs. 5.41 trillion

August 10, 2022 admin 5 Views 0 Comments Embedded, LIC, trillion, value
Life Insurance Corporation of India’s (LIC’s) Indian embedded value (IEV) grew marginally to Rs 5.41 trillion as of March 2022 Read more
Life Insurance News 

No takers for Rs. 3,400 croreReliance Capital bonds

August 9, 2022 admin 13 Views 0 Comments capital, Capital bonds, reliance, Reliance Capital bonds
LIC’s plan to sell its exposure in bonds worth Rs 3,400 crore issued by Reliance Capital (RCap) did not find Read more
Life Insurance News 

LIC to invest Rs. 80.67 crore in rights issue of its Nepal arm

August 9, 2022 admin 17 Views 0 Comments INVEST, LIC, Nepal, Nepal arm
LIC will invest Rs 80.67 crore in the proposed rights issue of its joint venture LIC (Nepal) Ltd. The proposal Read more
Legal News 

NHRC seeks mandatory insurance, accident covers of Rs 15 lakh for truck drivers

July 29, 2022 admin 53 Views 0 Comments Accident, Insurance, NHRC, truck drivers
The National Human Rights Commission (NHRC) has issued anadvisory to central government, the states, and the union territories to defend Read more
Legal News 

HC order asking insurance firm to compensate farmers for crop loss stayed

July 29, 2022 admin 46 Views 0 Comments CROP, farmers, firm, HC, Insurance
The Supreme Court has stayed a Bombay High Court order which had asked Bajaj Allianz General Insurance Company Ltd. to Read more
General Insurance News 

Top brass selection of PSU insurers stuck

July 29, 2022 admin 50 Views 0 Comments brass, INSURERS, PSU insurers, selection
The selection process of top officials of public sector insurance companies is in limbo in the wake of the Delhi Read more
General Insurance News 

Rise in rates will partially offset underwriting losses for insurers

July 26, 2022 admin 64 Views 0 Comments INSURERS, losses, partially, Underwriting
The recent increase in the premium rates on third-party motor insurance is unlikely to fully offset the motor insurance segment’s Read more
General Insurance News 

Digit Insurance targets $5 billion in IPO valuation

July 26, 2022 admin 66 Views 0 Comments Digit Insurance, IPO, valuation
Digit Insurance, backed by Canadian billionaire Prem Watsa’s Fairfax Group, is considering raising about $500 million in an initial public Read more
General Insurance News 

United India Insurance may be first up for sell-off

July 25, 2022 admin 67 Views 0 Comments Insurance, sell-off, united india insurance
United India Insurance could be the top choice for privatisation as the government initiates discussions on plans to sell a Read more
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