District Consumer Disputes Redressal Forum directed Life Insurance Corporation of India to refund around Rs 82,500 along with 9% interest per annum and pay Rs 35,000 as compensation for changing…
Ms.Usha Sangwan, Managing Director, LIC spoke to Dr. Rakesh Agarwal and Dr. A. K. Chattoraj 1. What is the impact of demonetisation on the insurance industry? Ans. Initially, there…
The government has finally selected India Infrastructure Finance Co Ltd (IIFCL) as the lead promoter of a credit enhancement guarantee fund. The propaganda was announced in the February…
Union Finance Minister Arun Jaitley said the Life Insurance Corporation of India (LIC) would have been the most-valued company in the country if it was listed. "If you were a…
Life Insurance Corporation of India completes 60 years of its incorporation on 1st September, 2016. LIC has played a significant role in spreading life insurance among the masses and mobilisation…
HDFC chairman Deepak Parekh has said that private sector insurance companies can give big challenge to public sector Life Insurance Corporation in terms of grabbing market shares. "We all know…
Life Insurance Corporation of India (LIC) will invest around the same amount in equities as it did last year, and increase its investments in debt instruments. LIC, which invested around…
Life Insurance Corp of India (LIC) has said it is willing to participate in India's maiden sovereign wealth fund National Investment and Infrastructure Fund (NIIF) as the state-owned company's own…
The life insurance segment is struggling with a high rate of agent attrition. Over the past three years, some 900,000 agents have quit. The most common reasons cited are lack…
LIC will "shortly" announce setting up of a credit enhancement fund to provide guarantees for infrastructure sector companies to help them access funds from domestic and overseas markets at lower…