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Embedded value of LIC likely at $150 billion

An actuarial valuation exercise has arrived at a $150 billion embedded value for Life Insurance Corp. of India, the first Read more

Life Insurance Corporation of India (LIC) bought 4,38,02,790 equity shares or 2.01% stake of Bharat Petroleum Corporation from 11 June Read more

LIC recorded a robust 16.66 per cent increase in income from investments (including capital gains) in financial year 2020-21 at Read more

Reserve Bank of India (RBI) has approved the largest insurer in India Life Insurance Corporation to raise its stake in Read more

LIC has introduced a plan ‘Dhan Rekha’ with special rates for women and guaranteed benefits. The benefits include a periodic Read more

The RBI has allowed LIC to hike its stake in Kotak Mahindra Bank to up to 9.99% from the current Read more

Life insurance major LIC has asked its policyholders who also have a demat account to link their income tax PAN Read more

Country’s largest insurer LIC is likely to file draft papers with Sebi by November for the largest IPO in country’s Read more

Life Insurance Corporation of India has received approval from the RBI to raise its stake in Kotak Mahindra Bank to Read more

After recording impressive growth in September, new business premiums (NBP) of 24 life insurance companies degrew 5 per cent year-on-year Read more