Life Insurance Corporation of India
Govt amends FEMA rules to allow 20 pc FDI in LIC
The government is planning to dilute its stake in LIC through the Initial Public Offering
LIC to have CEO, MD positions; government does away with Chairman post
The Department of Economic Affairs under the finance ministry recently amended the Securities Contracts (Regulation) Rules
LIC bats for a unified regulator to oversee all of India's financial sector
The insurer is of view that the regulatory process in all these sectors need to be simplified
LIC IPO may get delayed, says Fitch Ratings
LIC has a premium-based market share of almost 70 per cent in life insurance sector.
LIC tops claims settlement ratio
For LIC, the proportion of repudiations has come down to 0.43 per cent in 2018-19 compared to 0.67 per cent in the previous year.
LIC mops up over Rs 1,380 crore in a day
The hefty collection came to the insurer for a reason.
Rs 25,000 crore fund to help revive stalled housing projects
The move will help relieve financial stress faced by large number of middle-class homebuyers who have invested their hard-earned money.
LIC plans to scrap many key schemes from December 1
LIC’s insurance agents are pushing the existing products hard, asking customers to buy them before they close on November 30.
LIC to withdraw many products from November 30
Among the retail products that would be closed are some of LIC’s best sellers such as Jeevan Anand, Jeevan Umang, Jeevan Lakshya and Jeevan Labh.
LIC profits from investments double in Q4
The balance sheet of LIC in FY19 stood at Rs 30.55 lakh crore compared to Rs 27.91 lakh crore in FY18.