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LIC PRODUCT INNOVATION
LIC expects no immediate government stake sale, eyes long-term growth: CEOLIC does not expect the government to sell another stake in the insurer in the immediate future, CEO R Doraiswamy said. The state-owned ins...- India Inc keen to take bite of AI, but RoI and security hold it from sinking teethIndian businesses are eager to adopt AI but face hurdles in scaling projects securely and profitably. Leaders emphasize that successful AI ...
- LIC in talks with regulators on long-term instruments to match growing liabilities: CEOLife Insurance Corporation of India is working with regulators like the Reserve Bank and Sebi. This is to increase long-term investment opt...
- LIC shares gain 6% in two sessions. Should you buy ahead of the 1:1 bonus issue?LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentu...
- LIC shares jump 5% after Q4 results, first-ever bonus issue. Here's what brokerages sayLIC shares jumped around 5% on Friday after the state-run insurer announced its first-ever 1:1 bonus issue and a Rs 10 dividend, alongside ...
- LIC's goal is 'Insurance for All' by 2047, policy numbers should grow from Q2: R Doraiswamy, MD & CEOLIC's new chief aims to boost profitability through diversified products, particularly non-PAR plans, targeting 40% of APE. R Doraiswamy pl...
- Centrum Broking picks LIC among 5 insurance stocks with upside potential of up to 39%Centrum Broking's latest report on India's life insurance sector remains bullish on LIC, SBI Life, HDFC Life, ICICI Prudential Life, and Ma...
- LIC to play key role in achieving 'Insurance For All by 2047: ChairmanLIC is planning to launch a product specifically designed for rural areas to achieve 'Insurance For All by 2047'. The product will consist ...
- LIC exploring possibility of setting up fintech arm: chairman Siddhartha MohantyIt is to be noted that LIC has added three fintech companies as corporate agents so far in the current year for product distribution. The i...
- LIC exploring possibility of setting up fintech arm: Chairman"Our objective is to get best in class digital initiatives for all our stakeholders, customers, intermediaries, marketing people and everyb...
- LIC has gained from competition, ready for higher insurance FDI, says Usha Sangwan, MD, LICLIC may have lost its market share marginally, but will bounce back soon with new products in segments, including health insurance, says MD...
- LIC starts revamp, sets up two groups to look into issuesThe move is part of revamp of the 57-year-old insurer, facilitated by the government to increase insurance penetration in the country.
- Advertorial: Trust thy name is LICLIC continues to be the front runner in the race, holding a dominant share in the Indian Life Insurance Industry.
- ‘Competition is good, it keeps people & cos in innovative mode’LIC’s managing director DK Mehrotra talks to ET Now about the insurer’s plans to keep the opposition at bay and stay No.1. Excerpts:
- IRDA plays peacemaker between LIC, officers' unionIn an unusual move, insurance regulator Insurance Regulatory & Development Authority (IRDA) has intervened in the dispute between Life Insu...
- LIC suggests ‘innovative’ products for rural clientsLIC has mooted that insurance cos come together as a ‘virtual corporation’ offering an integrated micro-insurance product combining life, h...
- RR Nair to take over as LIC Housing Finance CEOLIC Housing Finance, the listed subsidiary of LIC, will soon have a new CEO. RR Nair, currently director-training with LIC, has been asked ...
- LIC to enter credit cards businessLIC to foray into health insurance, pension management and credit cards business.
- LIC to sell health policies by end of '07Vijayan tells how the monolith is looking at reporting a substantial jump in growth rather than incremental.
- Good prospects for life insurance in India, says S&PIndia’s life insurance sector is likely to grow by 20% year-on-year in the medium term and an increase in foreign direct investment to 49% ...
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