January 2024 - Insurance Times

LIC has notified an increase in gratuity limit to Rs 5 lakh from Rs 3 lakh for its agents.The increase was effected by amending the Life Insurance Corporation of India…

LIC has now put in place a framework for appointment of ‘shareholders’ director’ in its board. This framework — which has been introduced through a new regulation — comes 18…

LIC is the fourth largest insurer in the world, according to a ranking based on life and accident & health reserves of companies in 2022 by S&P Global Market Intelligence.…

The life insurance industry reported a 25.28 per cent decline in new business premium income in November 2023 to Rs 26,494.83 crore from Rs 34,588.8 crore recorded a year ago.…

Life Insurance Corporation of India (LIC) crossed the Rs 5 trillion market capitalisation mark in intra-day trade. LIC shares hit an intra-day high of Rs 800 before settling at Rs…

LIC, promoter of IDBI Bank, has said it plans to retain a part of its stake in the lender to harness the benefits of the bancassurance. Along with the government,…

1. How has the regulatory landscape for the insurance sector evolved in Nepal during the last few years? The regulatory landscape for the insurance sector in Nepal has undergone significant…

In the dynamic realm of insurance, change is not merely constant; it's the cornerstone of evolution. As we stand at the crossroads of unprecedented challenges and opportunities, it's imperative for…

As we enter into the year 2024, optimism mingles with the need for prudent action in the Indian Insurance Industry. There has been lot of initiatives for the new wave…

Reliance General Insurance Company introduced “Reliance Health Global", a healthcare policy aimed at providing Indians with access to global healthcare. This policy offers comprehensive coverage not only within India but…