LIC

The Central government in a bid to help insurance behemoth  LIC to realise its full growth potential and yield better returns for investors is nudging it to tweak its product…

Life Insurance Corporation of India (LIC) is planning to transfer nearly $22 billion from policyholders' funds into a fund earmarked to pay dividends or issue bonus shares, two sources said,…

A new guaranteed return single-premium plan called "Dhan Varsha" has been launched by the Life Insurance Corporation of India (LIC). It is a "non-linked, non-participating, individual, savings life insurance plan"…

Retail investors seemed to be divided on the prospects of the shares of Life Insurance Corporation of India, as one set completely quit even as another kept accumulating the shares.…

LIC chairman M R Kumar has said that the LIC’s performance should be measured by its ability to retain market share and even grow it in recent months. According to…

After a disappointing debut on listing day in May 2022, LIC’s shares continued to bleed and reach new all-time lows in the past 4 months. Recently LIC shares have again hit an…

LIC is considering starting its own depository for insurance dematerialisation, sources said."LIC’s insurance depository could be a separate subsidiary. This would reduce demat expense for LIC. They would also earn…

LIC is considering deploying ‘bionic agents’ to support its agency workforce and boost digital sales capabilities. “A strategy of deploying ‘bionic’ agents by extending tech support in the form of…

LIC market share in new business premium jumped to 68.24 per cent during the six-month period ended September 2022 as against 64.48 per cent in September 2021 and 63.24 percent…

LIC is currently the 11th most valued listed Indian companyin India. Earlier it was among the  top 10 most valued Indian companies by market capitalisation. LIC, which made its debut…