LIC

      Country's largest insurer LIC is expecting a 15 per cent growth in first premium income during the ongoing fiscal after recording a de-growth in 2012-13.

The Life Insurance Agents’ Federation of India (LIAFI), South Central Zonal Council, has said the Insurance Laws (Amendment) Bill, 2008, proposed to be tabled in Parliament would affect the Life…

Pension fund regulator PFRDA has chosen state-run LIC as the default annuity service provider for subscribers exiting from New Pension System (NPS) and seeking withdrawal of accumulated pension wealth.

The life insurance industry continues to face the menace of mis-selling. Even the finance minister publicly admonished insurers on the practice. The industry recorded a degrowth of insurance premium in…

Responding to the call of central trade unions for two-day nationwide strike, the employees associated with different trade unions went on strike in Varanasi on Wednesday. The strike affected services…

The size of funds managed by insurers in the country is expected to reach a whopping level of Rs 30,00,000 crore over the next five years, marking a 70 per…

J Hari Narayan, chairman of the Insurance Regulatory and Development Authority, completed an eventful five-year term. He will be remembered as someone who controlled the euphoria of insurers, came down heavily…

Former Life Insurance Corporation of India (LIC) chairman T S Vijayan is likely to become the next chairman of the Insurance Regulatory and Development Authority (IRDA). According to sources in…

The IRDA (Insurance Regulatory and Development Authority) has made it clear that the Life Insurance Corporation of India (LIC) will be governed at par with any other insurers when it…

In a move likely to give a fillip to the markets recently, as well as help meet the demands of the finance ministry to bolster the participation of insurance companies…