Life Insurance News LIC shares drop even as death claims fall 20% September 12, 2022 admin 264 Views 0 Comments Claims, LIC, LIC shares, shares Shares of LIC fell over 1 percent trade even as LIC said it has witnessed a decline of nearly 20 Read more
IRDA in India 8 new Insurance Ombudsmen selected August 24, 2022 admin 408 Views 0 Comments Insurance, LIC, MINISTRY OF FINANCE, Ombudsmen A selection panel of the Ministry of Finance (MoF) has selected eight new Insurance Ombudsmen for various centres across the Read more
Private life insurance Life insurers’ new biz hit as LIC premiums contract August 16, 2022 admin 225 Views 0 Comments contract, LIC, life insurers, premiums Life insurance companies witnessed a modest increase of 4.15 per cent in their collective new business premium at Rs 31,254.55 Read more
Life Insurance News LIC gains 2% market share in new business premium August 11, 2022 admin 277 Views 0 Comments business, LIC, market, premium, SHARE LIC has gained over 200-basis points (bps) market share in new business premium (NBP) during the April-June quarter of FY23. Read more
Life Insurance News LIC valuation dips Rs. 40,000 cr on stock market fall, rising rates August 10, 2022 admin 252 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 249 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 LIC to invest Rs. 80.67 crore in rights issue of its Nepal arm August 9, 2022 admin 247 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
Life Insurance News LIC share price dips 30 per cent, experts advice patience July 7, 2022 admin 407 Views 0 Comments advice, LIC, patience, SHARE The sharp correction in the share prices of LIC post its discounted listing on May 17 has dealt a major Read more
Life Insurance News LIC: Determination of embedded value to complete soon July 5, 2022 admin 233 Views 0 Comments Determination, embedded value, LIC LIC said the exercise to determine the Indian Embedded Value (IEV) as of March 31, 2022, will take some more Read more
Life Insurance News LIC clocks record Rs. 42000 crore profit from market July 4, 2022 admin 364 Views 0 Comments clocks, CRORE, LIC, market LIC has made a record profit of Rs 42,000 crore from equity sales in FY 2021-22, higher by 16.66 per Read more