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LIC DINESH PANT
100% FDI in insurance sector grants more power to regulators: LIC MDLIC MD Dinesh Pant highlights the government's strong focus on the insurance sector, evidenced by 100% FDI, GST reduction on individual pol...
LIC profit grows 5% despite lower equity gains in a volatile Q1LIC reported a 5% increase in net profit to ₹10,986 crore, despite moderating capital gains from equity sales. The company's core insurance...
R Doraiswamy takes over as LIC's MD, CEOR Doraiswamy is now the CEO and MD of Life Insurance Corporation of India. He succeeds Sat Pal Bhanoo. Doraiswamy has a three-year term. He...
FSIB selects Pant, Patnaik as MDs of LICThe two MD roles would have fallen vacant in June this year. After interviewing eight candidates, the bureau selected Pant and Patnaik base...
LIC sees 20 pc decline in death claims in Q1 FY23 as COVID impact ebbsIn the June quarter of the previous fiscal, settlement of death claims was to the tune of Rs 7,111 crore, which for Q1 of this year was Rs ...
You may soon be able to buy index-linked life insurance policiesThe Authority is in receipt of requests from life insurers to allow them to offer index-linked products. Current IRDAI, product regulations...