Life Insurance Corporation of India (LIC) has announced its Q2 results for the fiscal year 2024, revealing a 13.77% increase in revenue compared to the same period last year. However,…
Life Insurance Plan LIC’s Group Credit Life Insurance is a non–linked, non-participating single premium group term insurance plan. This plan offers an insurance cover on death of the group member…
Life Insurance Corporation (LIC) reported its highest-ever half-yearly profit of Rs. 17,469 crore for the first half of FY24. This was primarily due to the transfer of Rs. 13,768 crore,…
The life insurance industry has reported a lacklustre performance in the first six months of the financial year 2023-24 (FY24) with the new business premium falling 12.97 per cent, mainly…
Life Insurance Corporation of India has recorded a standalone net profit of Rs 13,427.8 crore for the quarter ended March FY23, a rise of 466 per cent over the corresponding…
The government has appointed M Jagannath and Tablesh Pandey as Managing Directors of Life Insurance Corporation of India (LIC). The Appointments Committee of the Cabinet (ACC) has approved the appointments,…
Life Insurance Corporation reported a manifold increase in its net profit in the December quarter (Q3) of financial year 2022-23 (FY23), aided by a transfer of Rs 5,670 crore from…
The Life Insurance Corporation of India has launched Bachat Plus, a non-linked, participating, individual life assurance savings plan. The applicants may either pay the premium in lump sum (single premium)…
The government has selected actuarial firm Milliman Advisors for ascertaining embedded value of LIC, ahead of its initial public offer (IPO). The government plans to sell minority stake in insurance…
Life Insurance Corporation of India has launched a digital application for agents for onboarding to get a life insurance policy. The Digital Application is called "ANANDA", which is an acronym…