LIC

LIC has gained over 200-basis points (bps) market share in new business premium (NBP) during the April-June quarter of FY23. According to IRDAI data, at the end of the June…

Life Insurance Corp. of India (LIC) has suffered a Rs. 40,000 crore hit on its valuation due to the extended fall in equity markets and rising interest rates affecting yields…

Life Insurance Corporation of India’s (LIC's) Indian embedded value (IEV) grew marginally to Rs 5.41 trillion as of March 2022 compared with Rs 5.39 trillion as of September 2021, even…

LIC will invest Rs 80.67 crore in the proposed rights issue of its joint venture LIC (Nepal) Ltd. The proposal was approved during the insurer's board meeting. ''Approval has been…

The sharp correction in the share prices of LIC post its discounted listing on May 17 has dealt a major blow to its investors as the market capitalisation of the…

LIC said the exercise to determine the Indian Embedded Value (IEV) as of March 31, 2022, will take some more time to complete. It expects the completion before July 15.…

LIC has made a record profit of Rs 42,000 crore from equity sales in FY 2021-22, higher by 16.66 per cent from Rs 36,000 crore in the year ago period.…

Life Insurance Corporation of India said its consolidated net profits for the quarter ended March stood at Rs 2,409.39 crore, down 17.41 per cent compared to Rs 2,917.33 crore in…

LIC, raised Rs 5,627 crore from anchor investors ahead of its mega initial public offering (IPO), with 71 percent of the amount coming from domestic mutual funds (MFs), shows a…

LIC lost Rs 46,520 crore in value, as the market capitalisation (m-cap) on its market debut. The stock fetched an m-cap of Rs 5,53,675.05 crore at the close of the…