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LIFE INSURANCE POLICIES
Insurer-hospital panel on the cards to resolve disputes, says General Insurance Council CEODr S. Prakash, CEO, Health Insurance Ecosystem & Strategic Partnerships, General Insurance Council, speaks to Preeti Kulkarni on policyhold...- Group term life: Why salary-linked insurance cover can matter after death and offer critical financial support to familyThe objective of life insurance is to provide a replacement income to the dependents of the deceased employee. That is why it is important ...
- LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LICLIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...
- It's a secret: LIC’s unusually fast $3.3 billion deal kept bankers in darkLIC OFS: The Indian government raised $3.3 billion by selling additional LIC shares in the country's biggest secondary stock offering after...
- LIC gains 3% after Q1 earnings. Here's what Morgan Stanley and Motilal Oswal recommendLIC shares rose 2.5% after the state-owned insurer reported a 23% year-on-year jump in Q1 standalone net profit to Rs 13,492 crore, while n...
- LIC Q1 profit surges 23% on growth in value of new businessLife Insurance Corporation of India reported a twenty-three percent net profit rise. Value of new business jumped sixty-one percent, boosti...
- LIC Q1 Results: Profit rises 23% YoY to Rs 13,492 crore, NPI up 7%LIC Q1 Results: India's leading insurer Life Insurance Corp (LIC) on Thursday reported a 23% year-on-year (YoY) growth in its standalone ne...
- Global Market: Hong Kong insurers slump after report on China taxing offshore policy incomeHong Kong-listed insurance stocks slumped after reports that Chinese tax authorities have begun levying a 20% personal income tax on income...
- No insurance, no fuel? Supreme Court proposes pilot project, extends tenure of third party insurance cover for new vehiclesThe Supreme Court has proposed new measures to address widespread non-compliance with mandatory motor insurance laws. Automatic e-challans ...
- LIC OFS opens for retail investors: Should you apply in insurance behemoth's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. The offer was oversubscribed more than 3 times its offer...
- Stocks in news: BSE, PB Fintech, Nykaa, Airtel, and LICMarkets experienced profit-taking after Monday's rally, with indices closing lower. Investors await the Reserve Bank of India's monetary po...
- Climate tech startup InRisk raises $27 million from Bessemer, othersClimate tech startup InRisk Labs has raised $27 million in a round co-led by Bessemer Venture Partners and Sameer Brij Verma’s Northpoint C...
- Overall insurance pie has not expanded as expected: HDFC Life MD and CEO Vibha PadalkarHDFC Life CEO Vibha Padalkar highlights intense competition and rising costs in open architecture. She believes credit life policies are vi...
- LIC OFS: Non-retail portion fully subscribed on Day 1. Here’s what investors should knowLIC's Rs 31,410-crore offer for sale (OFS) was fully booked on Tuesday on Day 1. The government aims to pare its stake through a 2.5% base ...
- LIC shares sink 9% as OFS opens at 11% discount. Here's all you need to knowLIC shares plunged nearly 9% after the government’s offer for sale (OFS) to divest up to a 6.5% stake in the insurer opened for institution...
- Life insurer rejected Rs 70 lakh death claim, but consumer commission ordered it to refund Rs 7 lakh premium despite a lapsed policy; here's whyA life insurer denied a seventy lakh death claim after a policy lapsed. The policyholder had paid seven lakh as the first year premium. The...
- LIC OFS opens on August 4 as govt looks to sell up to 6.5% stake. Check detailsThe government will launch LIC’s offer for sale for non-retail investors on Tuesday and retail investors on Wednesday. It plans to divest u...
- Surrender and withdrawals as a share of total benefits paid by life insurers rise to 39%Surrender and withdrawal benefits paid by life insurers have increased significantly. These benefits now exceed maturity benefits paid by t...
- Comprehensive health insurance: Navigating childhood illnesses, vaccination support, and kidney function careHealth insurance covers childhood illnesses and their treatments effectively. Vaccination support is a key preventive care strategy for fam...
- IRDAI’s insurance reforms: Why fixing commissions matters more than tracking sellersSome carmakers sell vehicles without a spare wheel, offering just a puncture repair kit instead. Nobody proposes a register of the salesmen...
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