State-run Life Insurance Corporation has set up two groups to look into a host of issues, including investment strategy, marketing and review of its international operations and…
The Life Insurance Corporation (LIC) of India will open 300 mini offices across the country by month-end, said Thomas Mathew T, the Chairman-in-charge, LIC, adding that the…
The newly-appointed chairman of the Insurance Regulatory and Development Authority T S Vijayan has met Finance Minister P Chidambaram and is believed to have discussed the issues plaguing the insurance…
Six people, including murder accused Prakash Shingnapure, who had allegedly killed his wife and daughter, have been booked for defrauding the insurance company of Rs 2.79 lakh by submitting the…
There is a difference of opinion between the chairman of the Insurance Regulatory and Development Authority (IRDA) and the finance ministry over the creation of a new post in the…
Even as premium income fell, the life insurance industry’s net profit more than doubled during 2011-12, at Rs 5,974 crore, against Rs 2,657 crore the previous year. Of the 24 life…
Life Insurance Corporation (LIC) of India is eyeing greater regional outreach, as premiums in Bahrain registered a steady growth despite a general slowdown of the industry. India's largest insurer is…
Insurance Corporation Employees' Union (ICEU) threatened to go on nation-wide strike protesting against the government's proposal to increase foreign direct investments in insurance sector to 49 per cent from present…
State-owned Life Insurance Corporation (LIC) of India will leverage to the hilt the government’s Aadhar programme, which aims to provide unique identities to the entire 120 crore-odd population, chairman DK…
The Life Insurance Corporation of India has become the "richest" organisation in the country by rejecting rightful claims of insured under mediclaim policies on "flimsy" grounds, the Delhi State Consumer…