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LIC SOLVENCY RATIO
LIC highlights stronger profitability, higher margins and digital push ahead of investor meetingsIndia's Life Insurance Corporation (LIC) has reported robust financial performance, with net profit soaring to $6.07 billion and margins im...
LIC profit rises 23% in March quarter on all-round showLife Insurance Corp announced a strong March quarter profit, up 23% to ₹23,467 crore. This growth was fueled by increased premiums and inve...
LIC announces 1:1 bonus issue, sets May 29 as record dateLIC announced a 1:1 bonus issue, setting May 29 as the record date for eligibility. This follows Q4 earnings showing a 23% YoY rise in cons...
LIC Q4 Results: Profit rises 23% YoY to Rs 23,467 crore; co declares Rs 10 per share dividendLIC Q4 Results: State-owned Life Insurance Corp (LIC) reported a 23% year-on-year (YoY) growth in its consolidated net profit at Rs 23,467...
LIC should continue focus on digital marketing: NagarajuLIC's AUM stands at Rs 57.23 lakh crore. Financial Services Secretary M Nagaraju urged LIC to embrace digital marketing and a mobile-first ...
ET explainer: What is the available solvency margin for an insurance company?ASM indicates financial soundness of an insurance company, a necessary condition for it to make due payments. An inadequate ASM means the i...
LIC shares jump 10% to record best day since listingLIC is going to launch one product in the first week of December, he said, hoping that it will attract a lot of traction in the market. In ...
LIC's Q2 net profit falls 50% mainly on accounting changesIn the first-half of FY23, the actual profit increased by 44.45% to ₹17,469 crore from ₹12,093 crores. This half-year profit incorporates a...
LIC Q2 Results: PAT slumps 50% YoY to Rs 7,925 crore, net premium income drops 19%Net commission for the quarter stood at Rs 6,077 crore, compared with Rs 5,808 crore a year ago. The solvency ratio as of September-end sto...
LIC net surges over 6-fold in Q4; declares Rs 3 dividendThe company had reported profit of ₹2,371 crore in the corresponding quarter in the previous year. The board has proposed a dividend of ₹3 ...
LIC’s net profit surges multi-fold to ₹6,334 cr in Q3While the relative growth of various products within the non-par bucket will vary within each quarter, we believe we are firmly on our way ...
LIC Q3 profit jumps 27 times over year-ago quarterThe insurance behemoth's revenue rose 13% at Rs 1.96 lakh crore at the end of December last year. The management expense ratio improved to ...
LIC still has big gains on Adani investmentsLIC is sitting on 100% gains on its stock and bond investments in Adani Group companies the total value of which is ₹56,000 crore compared ...
LIC Q4 net drops 18%, announces its first dividendFor the fiscal year ended March 31, net profit increased 39% to ₹4,043 crore from ₹2,901 crore the year before, helped by a ₹1,299 crore pr...
LIC IPO: How the country's largest insurer fares when compared with peersTo begin with, LIC boasts of the largest network of insurance agents in the country comprising of nearly two crore individual agents contri...
List. Invest. Collect: LIC moneyback planIPO may help raise vital resources for the treasury and improve transparency at the country’s largest insurer.
How IRDAI protects policyholders from crises at insurance companiesInsurers are required to follow certain investment norms, like they cannot invest in debt securities with a rating below AAA. If any asset ...
How to choose right insurer for life insurance and health insuranceThere are several other metrics apart from premium and settlement ratios, one should consider while picking the insurer.
- There is no distinction in the treatment of offline and online plans: TR Ramachandran, Aviva
Aviva CEO and managing director TR Ramachandran tells ET why online term plans are completely safe, how insurers are able to offer low rate...
- LIC capital base may swell to Rs 100 cr
It is vetting a proposal to make changes in the LIC Act to enhance the capital base of the corporation from Rs 5 crore to Rs 100 crore.