Life Insurance News LIC’s market share drops to 59% from 68.7% in a year November 21, 2023 admin 174 Views 0 Comments LIC, Life Insurance Council, market share, NEW BUSINESS PREMIUM The share of LIC in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent Read more
Life Insurance News LIC launches campaign for lapsed policies October 31, 2023 admin 160 Views 0 Comments LIC, LIC’s journey, policies, premium LIC has launched a special campaign to revive lapsed policies at a discounted premium. The campaign, to mark the insurer's Read more
Life Insurance News LIC may need 5 yrs after ‘27 to comply with float norms October 27, 2023 admin 110 Views 0 Comments Finance ministry, Formal communication, LIC, public shareholding LIC may require at least five more years to comply with the minimum public shareholding of 25 per cent beyond Read more
Government appoints R Doraiswamy as LIC MD - 1 Life Insurance News Govt appoints R Doraiswamy as LIC MD September 29, 2023 admin 182 Views 0 Comments assumption, LIC, LIC MD, managing director, R Doraiswamy LIC said the government has appointed R Doraiswamy as the managing director. Doraiswamy is currently the executive director at the Read more
Life Insurance News LIC net profit jumps to Rs. 9,543 crore in Q1 September 29, 2023 admin 133 Views 0 Comments income, LIC, net profit, premium LIC’s has reported a standalone net profit at Rs 9,543.71 crore for the quarter ended June as against a profit Read more
Life Insurance News LIC acquires 6.66% stake in Jio Financial Services through demerger process September 27, 2023 admin 218 Views 0 Comments Jio Financial Services, LIC, Mukesh Ambani, Reliance group LIC said it has acquired 6.66 per cent stake in Jio Financial Services, the demerged non-banking financial services unit of Read more
Private life insurance LIC relaxes claims process for Odisha train victims July 29, 2023August 1, 2023 admin 169 Views 0 Comments LIC, Life Insurance Corporation of India, Odisha train victims, Pradhan Mantri Jeevan Jyoti Bima Yojana, triple train accident Life Insurance Corporation of India announced various reliefs for claim settlements of victims of the triple train accident in Odisha’s Read more
Life Insurance article LIC hopes next set of insurance reforms will get Parliament nod May 16, 2023 admin 191 Views 0 Comments INSURANCE ACT, INSURANCE REFORMS, Insurance Regulatory and Development Authority Act, insurance sector, LIC LIC is hopeful that the next set of proposed reforms to the insurance sector will soon go through Parliament, fuelling Read more
Life Insurance article LIC’s M R Kumar likely to get another term as chairman April 3, 2023 admin 259 Views 0 Comments chairman, HIGHLY PLACED, LIC, term The chairman of LIC is likely to get another term in office. Highly placed sources said that MR Kumar, Chairman, Read more
Life Insurance article LIC introduces Jeevan Azad February 25, 2023March 24, 2023 admin 321 Views 0 Comments azad, introduces, jeevan, LIC LIC introduces Jeevan Azad LIC has introduced a new plan LIC’s Jeevan Azad. This is a non-participating, individual, savings life Read more