LIC

IDBI Bank said in a communication that it has allotted shares worth Rs. 14,500 core to Life Insurance Corporation. The move was part of the ongoing acquisition of a controlling stake in…

Despite an increase in their persistency ratios, most of the life insurance companies in India have at least 25% of policyholders who do not pay premium in next year. In…

State-run Life Insurance Corporation of India (LIC) has sought government approval to buy a controlling stake in troubled IDBI Bank Ltd, said a person with direct knowledge of the matter.…

LIC has booked record equity share trading profits of Rs.25,000 crore in the financial year 2017-18, up from Rs.19,000 crore a year ago, according to sources. LIC held equity assets…

Life Insurance Corporation has sold 88,750 cancer policies across India after 5 months of the launch of its unique cancer cover, with a sum assured of up to Rs 50…

LIC has been an big investor in many companies which are in the list of applications admitted by National Company Law Tribunal (NCLT) under the Insolvency and Bankruptcy Code, 2016…

Life Insurance Corporation of India has reported an 11.47 per cent rise in premium income at Rs 2,23,854 crore for nine months ended December 2017 as against Rs 2,00,818 crore…

LIC's JEEVAN LABH (UIN: 512N304V01) LIC's Jeevan Labh is a limited premium paying, non-linked, with-profits endowment plan which offers a combination of protection and savings. This plan provides financial support for the family…

Life Insurance Corporation of India (LIC), one of the largest institutional investor in PNB with 13.93% stake will continue to hold on to its investment. LIC had recently  increased its…

Banking finance company AU Small Finance Bank has signed a MoU with LIC to offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), a company official said. Under the MoU, LIC…