Insurers in the country have covered around 60 lakh lives under the two covid-19-specific policies, Corona Kavach and Corona Rakshak, Subhash Chandra Khuntia, chairman of the Insurance Regulatory and Development…
The Centre has extended the Rs. 50-lakh insurance cover to frontline health workers fighting Covid-19 for another six months, a Health Ministry statement said. The 'Pradhan Mantri Garib Kalyan Package…
Health Minister Harsh Vardhan said the government aims to bring down India's Covid-19 mortality rate to less than 1 per cent from the current 1.64 per cent, which, he mentioned,…
LIC will likely invest an estimated Rs. 2 lakh crore in bonds and equities through the rest of FY 21 as it expects demand for protection and cover age to…
LIC Housing Finance said it would seek shareholders' approval in the upcoming annual general meeting this month to raise up to Rs. 50,500 crore by issuing debt securities or other…
LIC has witnessed a 4% growth in renewal premium transactions and 13% jump in renewal income during this pandemic-hit fiscal till September 12 compared to the year-ago period. The life…
India's life insurers have shown a smart recovery from the covid-19 pandemic that hit businesses in the first quarter of FY21. But for their shares to reflect this, investors would…
The government is likely to move a Bill in the forthcoming monsoon session of Parliament to amend the Life Insurance Corporation (LIC) Act, 1956. This amendment, being prepared by the…
Life Insurance Corporation (LIC) is looking at the HDFC model, where IDBI Bank will distribute loans of LIC Housing Finance (LIC HF) to comply with RBI guidelines. The corporation is…
From April next year, you won't be able to renew the third party insurance of your vehicle except for two and three-wheelers, if it doesn't have a valid FASTag. Moreover,…