LIC sees recovery soon, posts renewal growth
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…
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…
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…
The Life Insurance Corporation of India (LIC), General Insurance Corporation of India and The New India Assurance Co have been identified as Domestic Systemically Important Insurers (D-SIIs) for 2020-21 by…
New business premium (NBP) of life insurers grew 6.86 per cent in July to Rs. 22,986 crore, compared to Rs. 21,509 crore in the corresponding period a year ago. It…
Life Insurance Corporation (LIC) of India, which enters its 65th year on September 1, is focussing on improving its online and digital presence to remain customer-centric, improve pricing and create…
LIC has clocked 12.42 per cent growth in 2019-20 (FY20) in total premium income at Rs 3.79 trillion, compared to Rs.3.37 trillion in 2018-19 (FY19). The insurer's new business premium…
Life Insurance Corporation of India said that it has settled 561 Covid-19 death claims amounting to nearly Rs 27 crore. The insurer has also relaxed its norms amid the lockdown…
The decade 2020 and this particular year 2020 has begun with a bang. The Corona Virus or the COVID-19 has shaken the entire world- whether it is a developing or…
The Life Insurance Corporation of India (LIC) has announced a month-long extension for all policyholders whose premiums fall due in March and April in wake of “unforeseen difficulties” faced by…