A majority of individuals want insurance companies to restart sending them physical copies of their insurance documents along with digital format as COVID-19 cases have ebbed, according to a survey.…
IRDAI Chairman, Debashish Panda, has laid out a road map for the second phase of reforms in the industry. On the cards is a review of the entire set of…
IRDAI has sought revised business plans from the three public sector general insurers - National Insurance Company, Oriental Insurance Company and United Insurance Company. Fund infusion into the three companies…
Sebi has proposed to postpone the implementation of tighter anchor investor norms for large IPOs. Bankers said the move is aimed at facilitating better institutional participation in the upcoming initial…
Life Insurance Corporation (LIC) has fixed the price band for its initial public offer (IPO) at Rs 902-949 a share. The issue, which will remain open for retail investors from…
Life insurance companies have recordedanincrease of 37 percent in new business premiums (NBP) to Rs 59,608.92 crore in March 2022, with LIC recording 51 percent surge in first-year premiums. In…
The Central Government has approached the sovereign wealth and pension funds to be anchor investors for the upcoming public issue of LIC. These sovereign wealth and pension funds include the…
The Centre has extended the term of the incumbent Chairman MR Kumar by one more year. This is expected to ensure continuity at leadership level and provide comfort to key…
The Board of Life Insurance Corporation (LIC) of India is learnt to have agreed on diluting 3.5% stake in the country's largest insurer, even as it keeps the 5% stake…