LIC policy restructuring: Congress MP Manickam Tagore raises concern, writes to FM SitharamanCongress MP Manickam Tagore has written to Finance Minister Nirmala Sitharaman expressing concerns about recent LIC policy changes. Tagore ...
11 Nov, 2024, 08.53 AM IST
Premium may rise, agent commission could decline as revised surrender value kicks in from TuesdayInsurance premiums may rise or agent commissions might be reduced due to new IRDAI guidelines for revised surrender values aimed at providi...
30 Sep, 2024, 08.07 PM IST
LIC plays the price game for growth, margins take a back seat, for nowLIC, India's largest insurance provider, shifted its growth strategy, focusing on expansion over margins. In Q1 FY25, it reported a 24% ris...
19 Aug, 2024, 07.53 AM IST
LIC sees red over policy 'trading' by ACESO, to take legal actionThe Life Insurance Corporation of India (LIC) is gearing up for a legal battle against ACESO, a company that buys and assigns LIC policies ...
14 Aug, 2024, 12.05 AM IST
Gratuity limit hiked to Rs 5 lakh for LIC agentsThe Indian government has approved welfare measures for over 1.3 million agents and 100,000 employees of state-run Life Insurance Corporati...
18 Sep, 2023, 11.41 PM IST
LIC agents welfare measures: Govt increases gratuity limit, term insurance cover, sets uniform pension rateThe welfare measures include modifications to the LIC (Agents) Regulations, 2017, an increase in the gratuity limit, and a uniform rate of ...
18 Sep, 2023, 04.24 PM IST
FinMin approves welfare measures for LIC agents, employeesThe Finance Ministry announced that it has approved several welfare measures for the agents and employees of the Life Insurance Corporation...
18 Sep, 2023, 03.47 PM IST
The elephant that can’t dance! Emkay initiates coverage on LIC with 12-month target below IPO priceEmkay Global has initiated coverage on the stock with a ‘hold’ rating and target price at Rs 875, meaning if this proves to be true, the st...
03 Jun, 2022, 10.19 AM IST
Nimble private insurers chip away at LIC’s leadLIC’s market share by way of adjusted premium equivalent has fallen from 53 per cent in FY16 to 48 per cent in the second half of FY19.
02 Jan, 2019, 10.24 AM IST
S&P maintains IDBI Bank's rating on credit watch with negative implicationsIDBI Bank's losses widened to Rs 3,602 crore in the quarter ended September.
15 Nov, 2018, 03.18 PM IST
- Outperform LIC Housing Finance Ltd., target Rs 625 : Credit Suisse
Outperform LIC Housing Finance Ltd. at a price target of Rs 625.0 and a stop loss at Rs $stopLossL from entry point
13 Jul, 2016, 01.21 PM IST
LIC to make a Ulip comeback amid surge in equities, stock-buying could top Rs 55,000 cr this fiscalThe re-launch of Ulips by LIC comes a few years after investors shunned this product in the wake of huge losses reported by many insurers.
18 Sep, 2014, 08.48 AM IST
- LIC sees degrowth on ULIP this fiscal, says government
The government said Life Insurance Corporation of India has seen a degrowth in sales of unit linked insurance plans (ULIP) in the current f...
20 Mar, 2012, 05.06 PM IST
- LIC joins online play with pure term policy
Life Insurance Corporation will sell its policy through the internet for the first time soon with the launch of a pure term plan.
03 Sep, 2011, 04.50 AM IST
- LIC seeks higher interest on NHPC loan
The country’s largest insurer, LIC, has sought to raise interest rate on its loan to public sector hydel power generator NHPC.
04 Dec, 2009, 01.49 AM IST
- After a record 2006, LIC’s growth takes a breather
THE current fiscal is turning out to be a volatile one for Life Insurance Corporation (LIC) in terms of growth rates.
29 Mar, 2007, 02.26 AM IST
- Infy ups LIC cover to shield talent
In a bid to retain talent Infosys has hiked the sum insured from Rs 6,000 crore to Rs 10,026 crore.
01 Sep, 2006, 02.23 AM IST