Page 4 of LIC News

BHFL has become the largest housing finance company by market capitalisation, reaching Rs 1.51 trillion—over 2.5 times its IPO valuation…

As part of the collaboration, Infosys will enable the creation of a cutting-edge NextGen Digital Platform, which will focus on…

The deputy commissioner of state tax, Mumbai, has issued a demand of Rs 605.59 crore for FY20, including GST, interest,…

Life Insurance Corporation of India (LIC) has launched a term insurance plan called LIC Digi Term – a non-par, non-linked,…

LIC’s premiums surged 20% year-on-year, totalling ₹18,431 crore, compared with ₹15,387 crore in July 2023.

The life insurance behemoth posted a net profit of Rs 9,544 crore for the corresponding quarter of the previous year.

The Q1 results will likely include key metrics such as net profit, revenue, premium income, and other critical financial indicators…

The insurance plans were launched on Monday by LIC CEO and MD Siddhartha Mohanty and will be available both available…

LIC, India’s largest insurance company, has faced volatile stock performance since its mega IPO listing and has lost significant market…

The LIC has been specifically instructed to swiftly disburse claim amounts to policyholders under the PM Jeevan Jyoti Bima Yojana.

In a regulatory filing, the public sector life insurer said, the shareholding of LIC in the Lankan subsidiary will increase…

The shares were acquired at Rs 80 per share via private placement offer, as issued by IDFC First Bank on…

Mohanty took charge as the chairperson of LIC in April 2023. Prior to that, he was the managing director of…

ALIP provides the opportunity to receive the Surrender Value of their endowment insurance policies, even while preserving their life cover…

In February this year, a parliamentary panel suggested composite licensing for insurance companies. A composite licence will allow insurers to…

The company posted a net profit of Rs 13,763 crore in the quarter under review, up nearly 46% quarter-on-quarter.

SEBI nod to LIC: It received an approval from the markets regulator SEBI for an additional three years to achieve…

The official, however, said the government has no immediate plans to sell any more stake in Life Insurance Corporation (LIC),…