LIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...

LIC share Price: LIC shares surged 5.1% after clarifying talks to acquire a stake in ManipalCigna Health Insurance, amid growing concerns o...

So, amongst the listed players, obviously three of them have a very high share above 50%. IPRU has around 30% amongst in retail APE and LIC...

Huge protection gap, under-penetrated market, digital initiatives and focus on bancassurance through tie-ups will provide growth impetus to...

"We intend to increase our market share of non-par business as well as diversify the channel mix while ensuring that our agents stay as the...

“People can say the IPO timing was good or bad but LIC itself is a contrarian investor and we do not look at the market being good or bad a...

Along with the government, Life Insurance Corporation (LIC) will also divest its stake in IDBI Bank, but may not exit completely, LIC Chair...

In one of its interactions with global investors in the run-up to its record-setting initial public offering (IPO), top LIC officials have ...

'People may want to take insurance as a basic necessity for what it provides, rather than for the tax breaks that it give'

“The main reasons are people’s trust in LIC and its distribution reach,” said Gopal V Kumar, consulting actuary at Radgo & Company. “The ov...

Last year, LIC made Rs 23,000-cr profit from equity and have crossed Rs 11,500-cr profit on equity this year.

Axis Bank has a minority share in Max Life as part of its bancassurance tie-up with Max Life

The Bahrain-headquartered LIC International is present in five Gulf Cooperation Council (GCC) countries of Bahrain, Dubai, Kuwait, Oman and...

Reliance Life Insurance Company is exploring bancassurance partnerships with multiple tiny banks since bigger entities are not available fo...

The Insurance Regulatory and Development Authority plans to allow agents to sell products of more than one insurance company.

Life Insurance Corporation will sell its policy through the internet for the first time soon with the launch of a pure term plan.

Life Insurance Corporation said it is aiming at an over four-fold jump in new business income to Rs 5,000 crore in the current fiscal throu...