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LIC fast-tracks settlement of Pahalgam terror attack victims' claims LIC of India announced on Thursday that it is committed to supporting the victims of the terrorist attack in Jammu & Kashmir's Pahalgam and will expedite claim settlements to provide financial relief.  "LIC of India expresses deep grief over the death of innocent citizens at Pahalgam in the terrorist attack on April 22," the country’s biggest life insurer said in a statement. The LIC statement said that in lieu of death certificates, any evidence in governme...
LIC fast-tracks settlement of Pahalgam terror attack victims' claims
LIC fast-tracks settlement of Pahalgam terror attack victims' claims
Source: IANS
2025-04-25 09:47:22 am
Buy LIC Ltd For Target Rs. 1,050 by Motilal Oswal Financial Services Ltd * APE to see a sharp decline, led by commission alteration for agents since Oct’24. * Share of non-par to inch up, led by full benefits of non-par product launches in 1HFY25. * VNB margins to improve on the back of favorable product mix and scale. * Growth outlook and acquisition of a health insurance company key watch areas.   For More Research Reports : Click Here  For More Motilal Oswal Securities Ltd Disclaimer http://www.motilaloswal.com/MOSLdi...
Buy LIC Ltd For Target Rs. 1,050 by Motilal Oswal Financial Services Ltd
Buy LIC Ltd For Target Rs. 1,050 by Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2025-04-04 03:05:17 pm
Extending affordable financial protection to every insurable individual: LIC CEO Siddhartha Mohanty, CEO and MD of Life Insurance Corporation of India (LIC), said on Thursday that the nation's largest insurer has consistently focused on reaching rural areas and economically and socially disadvantaged sections.  A day after a delegation of LIC agents met the Leader of Opposition in the Lok Sabha, Rahul Gandhi, and raised issues regarding recent changes in rules which make insurance less affordable for the poorest, the LIC CEO denied such concerns, saying, "...
Extending affordable financial protection to every insurable individual: LIC CEO
Extending affordable financial protection to every insurable individual: LIC CEO
Source: IANS
2025-03-20 10:58:22 am
India`s LIC hopes to decide on health insurer stake buy by March-end, CEO says Life Insurance Corporation of India (LIC) hopes to decide on acquiring stake in a health insurance company by the end of March, its chief executive said on Tuesday. "I am very much hopeful that within this financial year, before 31st March, some decision can be taken,” Siddhartha Mohanty, the chief executive officer of India's largest insurer, said. LIC is not looking to acquire a majority stake, the CEO said, without sharing further details on the potential deal. &quo...
India`s LIC hopes to decide on health insurer stake buy by March-end, CEO says
India`s LIC hopes to decide on health insurer stake buy by March-end, CEO says
Source: Reuters
2025-03-18 02:16:07 pm
LIC records 28 pc jump in group yearly renewable premiums during April-Feb Life Insurance Corporation of India (LIC) recorded a 28.29 per cent surge in group yearly renewable premiums and a 7.9 per cent rise in individual premiums during the first 11 months of FY25, according to the latest industry data.  As of February 2025, LIC’s total premium collection stood at Rs 1.90 lakh crore, reflecting a 1.90 per cent increase from the Rs 1.86 lakh crore collected in the corresponding period of FY24. In February 2025, Individual Premiums declined by 1.07 p...
LIC records 28 pc jump in group yearly renewable premiums during April-Feb
LIC records 28 pc jump in group yearly renewable premiums during April-Feb
Source: IANS
2025-03-11 05:18:08 pm
LIC ranked world`s third strongest insurance brand The Life Insurance Corporation of India (LIC) has been ranked third among the world's strongest insurance brands, achieving a Brand Strength Index (BSI) score of 88 out of 100, according to the Brand Finance Insurance 100 2025 report.  Poland-based PZU secured the top spot with a BSI score of 94.4, followed by China Life Insurance, which ranked second with a BSI score of 93.5. In terms of overall brand value, the LIC holds the 12th position among the most valuable insurance bra...
LIC ranked world`s third strongest insurance brand
LIC ranked world`s third strongest insurance brand
Source: IANS
2025-03-08 09:05:03 am
India's LIC sees recovery in premiums from fourth quarter India's No.1 insurer Life Insurance Corporation of India said it expected a recovery in net premium income in the current quarter, after taking a hit on that front due to a recent regulation change. The country's insurance regulator had slashed the cost for policy-holders to surrender policies before maturity, effective October, hurting insurers. "We will come out of it, we expect to gradually start seeing some recovery Q4 onwards," LIC Chairman Siddhartha Mohanty said...
India's LIC sees recovery in premiums from fourth quarter
India's LIC sees recovery in premiums from fourth quarter
Source: Reuters
2025-02-08 09:05:12 am
Piyush Goyal participates in Mahila Shakti Shivir event, calls Bima Sakhi Yojana `a revolutionary initiative` A grand Mahila Shakti Shivir event was organised in the city's Kandivali region on Sunday, witnessing the participation of a huge number of women.  Union Minister Piyush Goyal attended the event as the Chief Guest. Along with him, Deputy Commissioner of Mumbai Municipal Corporation, Bhagyashree Kapse and Senior Divisional Manager of LIC, Bina Khan also participated in the programme. The Union Minister, sharing his views on women's emancipation and empowerment, said that the...
Piyush Goyal participates in Mahila Shakti Shivir event, calls Bima Sakhi Yojana `a revolutionary initiative`
Piyush Goyal participates in Mahila Shakti Shivir event, calls Bima Sakhi Yojana `a revolutionary initiative`
Source: IANS
2024-12-23 04:17:33 pm