As a special measure for flood victims in Uttarakhand, Life Insurance Corporation of India will waive the normal condition of seven-year waiting period for settlement of claims…
Life insurance is inherently a business of trust between the insurer and the insured. Despite an optimistic start in the early part of the century, the industry…
The rising death toll in Uttarakhand could lead to life insurance claims of about R1,000 crore, though claims are yet to be made, say insurance companies, which…
The government is nudging India's largest local investor, the state-owned Life Insurance Corporation, to exercise greater control, including seeking more board seats if needed, in some of…
Insurance behemoth Life Insurance Corporation (LIC) has stepped up the purchase of equities at a time when foreign institutional investors have been hitting the sell button. The…
General insurer Tata AIG and credit health improvement company Credit Sudhaar has entered into a pact for providing 'Titanium' services, which will offer insurance plans to cover…
The government recently appointed S K Roy as chairman of Life Insurance Corporation of India. The Appointments Committee of the Cabinet (ACC) has already cleared his name.…
State-run Life Insurance Corporation has set up two groups to look into a host of issues, including investment strategy, marketing and review of its international operations and…
Private sector insurance firm Shriram Life is eyeing Rs 500-crore business from group insurance in the next three years, a top company executive said.
The Life Insurance Corporation (LIC) of India will open 300 mini offices across the country by month-end, said Thomas Mathew T, the Chairman-in-charge, LIC, adding that the…