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R DORAISWAMY CEO
LIC launches revamped Jeevan Sathi policyLIC has introduced a new Jeevan Sathi plan. This plan provides both savings and protection. It is a joint life policy covering a married in...
Insurance sector may face impact if West Asia crisis prolongs: LIC chief DoraiswamyThe insurance sector may face moderation if the Middle East crisis persists, potentially reducing people's income and impacting spending an...
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...
PMJJBY disbursed Rs 17,600 crore to families since launch in 2015: LICThe Pradhan Mantri Jeevan Jyoti Bima Yojana is vital for the government's 'Insurance for All by 2047' goal. Launched in 2015, it offers lif...
Visionary Budget with long-term growth focus: R Doraiswamy, LICLIC CEO & MD R Doraiswamy described the Union Budget as a visionary roadmap for India's ambition to become a top three global economy. He h...
Ensure timely resolution of public grievances, prompt claims processing: Finmin to insurersPublic Sector Insurance Companies are directed to enhance customer service and claims processing. Focus will be on profitable business grow...
Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC ChiefParliament has passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill 2025, a move expected to boost the insurance sector's ...
Insurance reforms set India on path to universal coverage by 2047: R DoraiswamyIndia's Insurance Act Amendment Bill, 'Sabka Bima Sabki Raksha,' aims for a structural overhaul of the insurance sector, including amendmen...
LIC Q2 net rises 31% on business growth, higher marginsLife Insurance Corp, or LIC, saw its September quarter profit jump 31% to over ₹10,000 crore. This growth was fueled by its core business a...
Exemption of GST from life and health insurance premium to make products affordable: InsurersThe GST Council's landmark decision to exempt insurance premiums from GST is poised to revolutionize the insurance sector. Insurers hail th...
LIC pays Rs 7,324 cr to Finance Minister as dividend for FY25Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sit...
LIC neutral on composite licenses, prioritizing strength in life insurance: R DoraiswamyLIC remains committed to its core strength in life insurance and pension services, maintaining a neutral stance on composite licenses. The ...
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...
R Doraiswamy appointed CEO and MD of LIC effective July 14R Doraiswamy has taken charge as the Chief Executive Officer and Managing Director of LIC effective July 14, 2025, according to a stock exc...
FSIB recommends R Doraiswamy as MD and CEO of LICDoraiswamy Ramchandran, currently Managing Director at LIC, is recommended by the FSIB for the CEO & MD position. He was selected after int...
FSIB recommends R Doraiswamy as next MD & CEO of LICThe Financial Services Institutions Bureau has recommended R Doraiswamy as the new CEO and MD of Life Insurance Corporation of India (LIC),...