Rating: Buy; Strong product segments of LIC driving growth LIC anticipates 15% CAGR in APE and 27% VNB CAGR in FY23-25. 2 years agoMay 28, 2023
Focus on profitable market share: LIC chairman Mohanty, however, hastened to add that LIC would not ignore the conventional way that market share is defined. 2 years agoMay 25, 2023
LIC’s New Pension Plus Plan 867 calculator: How much can you get with Rs 5000 or Rs 10,000/month? LIC New Pension Plus (Plan 867) calculation: The New Pension Plus (Plan no. 867) by LIC of India is a… 2 years agoMay 25, 2023
LIC share price surges nearly 4% today after 5-fold jump in Q4 net profit; stock still down 35% from IPO LIC shares jumped after strong quarterly results. But the stock is still down 35% from the IPO price of Rs… 2 years agoMay 25, 2023
LIC Q4 net profit surges over 5-fold to Rs 13,191 cr The income from renewal premiums in the reporting period rose to Rs 76,328 crore compared to Rs 71,473 crore a… 2 years agoMay 24, 2023
Life insurers rejig sales to beat tax on high-value policies According to industry sources, the Budget proposal has made insurers look at newer markets and deepen penetration to increase growth… 2 years agoMay 23, 2023
LIC Housing extending loan term to ease borrower burden The interest rate on home loans has risen sharply in recent months, with the Reserve Bank of India hiking the… 2 years agoMay 22, 2023
LIC shares fall nearly 40 pc in first year of listing; investors’ wealth erode by Rs 1.93 lakh crore Shares of LIC had listed at Rs 872 on the BSE and at Rs 867.20 on the NSE. The stock… 2 years agoMay 17, 2023
One year of LIC IPO: Shares still down 34% from listing price; should investors buy, sell, hold LIC stock now? LIC shares were trading flat at Rs 568 today while benchmark indices, NSE Nifty 50 and BSE Sensex tanked over… 2 years agoMay 16, 2023
LIC MF sees merger with IDBI MF being completed in H1 LIC Mutual Fund expects the proposed merger between it and IDBI Mutual Fund to be completed by the first half… 2 years agoMay 11, 2023
Ensuring insurance for all Fair pricing along with methods aimed at easing the maintainance of schemes can greatly help the weaker sections of society… 2 years agoMay 8, 2023
Wake-up call for insurers Sebi’s order on front-running shows why LIC must set up adequate processes to prevent such errant practices 2 years agoMay 7, 2023
Siddhartha Mohanty appointed LIC chairman The government on Friday appointed Siddhartha Mohanty as the chairman of Life Insurance Corporation of India till June 2024. 2 years agoApril 29, 2023
LIC employee, four others under Sebi lens for front-running The Securities and Exchange Board of India issued an interim ex parte order on Thursday against five suspected entities for… 2 years agoApril 27, 2023
Life insurance: Disclose true health status when buying a term plan Among the death claims, more than 85% are non-early in nature, i.e., the claims that arise three years after buying… 2 years agoApril 4, 2023
LIC, GIC Re, New India remain Domestic Systemically Important Insurers: Irdai Domestic Systemically Important Insurers (D-SIIs) refer to insurers of such size, market importance, and domestic and global interconnectedness, whose distress… 2 years agoMarch 31, 2023
LIC hits lowest close since listing, down 39% Shares of LIC closed at their lowest level since listing, at Rs 536.95, on Tuesday. 3 years agoMarch 29, 2023
LIC sells 2 pc stake in NMDC between December and March, garners over Rs 700 crore The sale of 2 per cent stake or a little over 5.88 crore shares in open market has fetched over… 3 years agoMarch 15, 2023
It’s official! LIC confirms plans to foray into health insurance sector, says ‘no binding agreement has been entered into’
LIC to foray into health insurance sector, acquisition discussion in final stage, says CEO Siddhartha Mohanty
