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Life Insurance Corporation Lic
Business  /  Published 29.10.22

LIC stirs Rs 1.8 trillion payout pot

LIC had changed the rules to share the surplus in policy funds last month...
By Our Special Correspondent in Mumbai

Business  /  Published 08.10.22

Govt begins IDBI selloff exercise

At present, Life Insurance Corporation holds a 49.24 per cent stake in the bank, while govt has a 45.48 per cent stake...
By Our Special Correspondent in New Delhi

Business  /  Published 30.09.22

EoIs for IDBI stake sale soon

Centre holds 45.5 per cent of the bank and Life Insurance Corporation of India owns 49.24 per cent...
By R. Suryamurthy in New Delhi

Business  /  Published 15.08.22

LIC targets bank channel

Growing the alternate channels has been a challenge for the country’s biggest life insurer unlike private players...
By A Staff Reporter in Calcutta

Business  /  Published 13.08.22

LIC net jumps to Rs 682.8 crore

On a sequential basis, the profits declined from Rs 2,371.55 crore...
By Our Special Correspondent in Mumbai

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Business  /  Published 15.07.22

LIC embedded value up

The country’s largest life insurer had engaged Milliman Advisors LLP to determine the embedded value and on Thursday, the board of LIC approved and adopted the valuation...
By A Staff Reporter in Calcutta

Business  /  Published 25.05.22

Board meet on May 30

In its debut last week, the country’s largest insurer closed with a discount of nearly eight per cent to its issue price of Rs 949...
By Our Special Correspondent in Mumbai

Business  /  Published 18.05.22

LIC lets down new investors

On Tuesday, LIC’s market capitalisation stood at Rs 5,53,721.92 crore, making it the fifth most valuable company...
By Our Special Correspondent in Mumbai

Business  /  Published 18.05.22

Little past comfort for LIC investors

If the closing price of the mega public issues are considered, only one of the top 10 IPOs has returned money for the investors...
By Sambit Saha, Pinak Ghosh in Calcutta

Business  /  Published 17.05.22

LIC debuts at 8.62% discount

Insurance behemoth stock at Rs 867.20 against allotment cost of Rs 949 in BSE, Rs 872 in NSE...
By Our Bureau, PTI in Mumbai


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