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ACTUARIAL SURPLUS
Here's what it will take to list LICAmendments to Sections 37, 24 and 28 of the LIC Act likely08 Feb, 2020, 08.36 AM IST- LIC's surplus payout to government up 15.8% at Rs 2,207 crore in FY17A cheque amounting to Rs 2,206.70 crore was handed over to Jaitley as the government's share of the surplus arising out of the actuarial va...29 Sep, 2017, 09.29 PM IST
- Foreign reinsurers may repatriate profit: IRDAI reportInsurance regulator IRDAI today proposed that foreign reinsurers take back earned profit to their country.06 Oct, 2015, 11.02 PM IST
- LIC transfers Rs 1,644 crore surplus to governmentLIC generated a total surplus at Rs 32,685.21 crore during FY14, up 13.8 per cent from Rs 28,727.64 crore in the previous fiscal.16 Dec, 2014, 09.48 PM IST
- LIC pays Rs 1,137.99 crore as dividend to government for 2010-11Country's largest insurer Life Insurance Corporation of India (LIC) has paid Rs 1,137.99 cr to the Government of India as dividend for 2010...14 Mar, 2012, 09.32 PM IST
- LIC actuarial surplus up 10 pc to Rs 22,716 cr in FY'11State-owned life insurance giant LIC has recorded 10 per cent jump in net actuarial surplus to Rs 22,716 crore for 2010-11.08 Sep, 2011, 05.16 PM IST
- A closer look at the working of with-profit insurance policies'With profit' products are sold by life insurance companies either as endowment assurance or whole-of-life plans.23 Mar, 2011, 06.40 AM IST
- Budget 2011 should address tax challenges faced by insurance sector: Prakash Shah, Tax professional, Ernst & YoungGovernment should consider introducing provisions in the budget for extending the period of carry forward for life insurance companies.17 Feb, 2011, 07.01 PM IST
- Pension option: Banks face Rs 12K cr liabilityBanks are awaiting clarity on accounting for a liability of around Rs 12,000 crore due to nearly 2.75 lakh serving and retired employees op...25 Jan, 2011, 05.30 AM IST
- LIC 'very strong'; law to deal with officers charged by CBI: CMDLIC said the organisation is "very strong" and the housing finance racket involved only individual officers who will be taken care of by th...26 Nov, 2010, 04.22 PM IST
- IRDA gives clean chit to LIC in transfer of profits caseInsurance Regulatory and Development Authority (IRDA) on Friday gave a clean chit to Life Insurance Corporation of India, the largest insur...19 Nov, 2010, 05.18 PM IST
- IRDA probes LIC's profit transfer between various schemesThe problems being encountered by the life insurer only reflect the grave risks associated with assured-return schemes.17 Nov, 2010, 12.22 PM IST
- It won’t cost much to live life on your ‘terms’Term insurance may not be the most-marketed product by life cos, but it’s a must-have in today’s risk-prone lifestyle.11 Dec, 2009, 01.25 AM IST
- HCL Technologies bags $200-m deal from UK firmHCL said it has bagged a long-term deal worth $200 mn from UK-based insurance firm Equitable Life Assurance Society. Top 10 BPOs | HCL bags...24 Nov, 2009, 03.05 AM IST
- Insurance Industry hopeful that the Budget '09 would resolve the mazeUntil 2001, insurance was a nationalized activity; the domain of the Government owned insurance companies.26 Jun, 2009, 06.32 PM IST
- IRDA wants private cos to have a whistle-blower policyPrivate insurers will have to put in place a “whistle-blower” policy, allowing employees to raise concerns internally on possible irregular...30 May, 2009, 12.58 AM IST
- Current a/c deficit expected to be contained under 2%India's current account deficit is expected to be contained at well under two per cent of the GDP this fiscal, RBI Deputy Governor Rakesh M...13 Feb, 2007, 07.53 PM IST
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