Most listed life insurers that reported their July-September (Q2FY23) quarterly earnings last week, saw their retail protection business decline on a year-on-year (YoY) basis, with the exception of Max Life…
Life Insurance Corporation's (LIC's) shares jumped 5.85 per cent following its July-September quarter (Q2FY23) earnings where it reported a multifold jump in net profit due to a change in its…
The Central government in a bid to help insurance behemoth LIC to realise its full growth potential and yield better returns for investors is nudging it to tweak its product…
The new business premium income of India's life insurance companies rose by 15.3 per cent to Rs 24,916.58 crore in October 2022, data from the Life Insurance Council showed. All…
Canadian billionaire Prem Watsa's Fairfax Financial Holding has in its results filing said that it is "exploring all avenues under applicable law" to achieve majority ownership in the parent company…
Life Insurance Corporation of India (LIC) is planning to transfer nearly $22 billion from policyholders' funds into a fund earmarked to pay dividends or issue bonus shares, two sources said,…
A new guaranteed return single-premium plan called "Dhan Varsha" has been launched by the Life Insurance Corporation of India (LIC). It is a "non-linked, non-participating, individual, savings life insurance plan"…
Retail investors seemed to be divided on the prospects of the shares of Life Insurance Corporation of India, as one set completely quit even as another kept accumulating the shares.…
IndiaFirst Life Insurance has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). According to merchant banking sources, the IPO…
LIC chairman M R Kumar has said that the LIC’s performance should be measured by its ability to retain market share and even grow it in recent months. According to…