Life Insurance Corporation starts revamp, sets up two groups to look into issues




State-run Life Insurance Corporation has set up two groups to look into a host of issues, including investment strategy, marketing and review of its international operations and subsidiaries, two persons with knowledge of the development said.

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T S Vijayan likely to be next insurance regulator

Former Life Insurance Corporation of India (LIC) chairman T S Vijayan is likely to become the next chairman of the Insurance Regulatory and Development Authority (IRDA). According to sources in the sector, he has been proposed by the Union finance ministry and the application sent for final approval. The current chairman, J Hari Narayan, leaves office on Wednesday. Read more