LIC launches modified PMVVY for senior citizens
Life Insurance Corporation of India (LIC) has launched the revamped Pradhan Mantri Vaya Vandana Yojana (PMVVY) for senior citizen with Read more
Life Insurance Corporation of India
LIC postpones LIC AE AAO Prelims Exam 2020
LIC has postponed the preliminary exam for the post of Assistant Administrative Officer (AAO) Specialist, Assistant Engineers (A.E) Examination on Read more
Government may promote LIC executive director as chairman
Government is planning to promote one of the executive directors of Life Insurance Corporation of India as its chairman. Current Chairman Read more
LIC bails our 4 PSU IPOs in 2018
Life Insurance Corporation of India played an important role in the Central Government disinvestment drive in 2018. LIC made a Read more
LIC looks to up stake in IDBI Bank to 51%
State-run Life Insurance Corporation of India (LIC) has sought government approval to buy a controlling stake in troubled IDBI Bank Read more
LIC posts 11.47% jump in premium income to Rs.2.23L cr
Life Insurance Corporation of India has reported an 11.47 per cent rise in premium income at Rs 2,23,854 crore for Read more
Life Insurance Corporation of India eases norms for claim settlement in Uttarakhand
As a special measure for flood victims in Uttarakhand, Life Insurance Corporation of India will waive the normal condition of seven-year waiting period for settlement of claims in case of missing persons.
Insurers gear up to address Uttarakhand flood claims
Uttarakhand floods that have claimed over 100 lives in the last few days has also got insurance companies preparing for the claim settlement process. Both life and general insurance companies have said that their respective claims team have started gearing up to handle claims and process them in a quicker manner.
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S K Roy is chairman of Life Insurance Corporation of India
The government recently appointed S K Roy as chairman of Life Insurance Corporation of India. The Appointments Committee of the Cabinet (ACC) has already cleared his name. The notification in this regard has been issued, sources said.
Public sector insurers to open 1,800 branches in next fiscal
India’s largest insurer Life Insurance Corporation of India (LIC) and four public sector general insurance companies will open around 1,800 branches by the end of the next financial year to cover all Indian villages with a population of over 10,000.
