R Doraiswamy,CEO and MD, LIC . Asked if LIC is prepared for further...
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Congress raises questions on ‘substantial’ LIC stake in firm under SEBI scanner
Capital markets regulator SEBI on Wednesday barred Rajesh Exports...
Kotak Life appoints Amit Palta as Deputy Managing Director
Kotak Mahindra Life Insurance has appointed Amit Palta, from ICICI...
Temasek, LIC, Canadian pension fund in line-up to sell stakes in India’s NSE IPO
Major state-owned insurers with significant stakes in the NSE as of March 2025 include Life Insurance Corporation of India (LIC) with 10.72%, and public sector general insurers like GIC, New India Assurance, National Insurance, and Oriental Insurance, each holding...
Aditya Gupta joins as Secy General of LI Council
Aditya Gupta,secretary general, Life Insurance Council LI Council is a forum that connects the various stakeholders of the sector and function as an active forum to aid, advise and assist insurers in maintaining high standards of conduct and service to policyholders....
SBI Life net profit falls marginally to Rs 804.64 crore in Q426
Amit Jhingran, Managing Director and Chief Executive Officer, said the life insurance industry witnessed improved momentum during FY26, supported by recent regulatory measures and a shift in customer preference towards protection-oriented products. He added that the...
RBI approves Debasish Panda as Bandhan Bank’s part-time chairman
Debasish Panda, part-time chairman, Bandhan Bank The Reserve Bank of India has granted its prior approval for the appointment of Debasish Panda, former chairman of IRDAI as part-time chairman (PTC) of Bandhan Bank, for a period of three years with effect from the date...
HDFC Life Insurance approves extension of Vibha Padalkar as MD & CEO for 5 years
Vibha Padalkar,Managing Director & Chief Executive Officer Mumbai:HDFC Life Insurance on Tuesday said the company has approved the extension of Vibha Padalkar as the Managing Director & Chief Executive Officer for a period of five years. The extension is based...
HDFC Life’s net profit grows 4% to Rs496 crore in Q4FY26, receives Rs 1,000 crore from HDFC Bank
"Looking ahead, we expect a gradual shift in the product mix as customers rebalance toward long-term savings and protection in an environment of greater uncertainty," HDFC Life MD and CEO Vibha Padalkar Mumbai:HDFC Life Insurance posted a fall in quarterly new...
Nagaraju asks LIC to monetise massive data from its 29 crore policies
Lto R- Dinesh Pant, managing director(MD), LIC, R. Doraiswamy, MD and CEO,M Ngaraju, secretary,Department of Financial Services,Ratnakar Patnaik,MD at an event in Mumbai to launch LIC’s Customer App ‘MyLIC’, Nagaraju suggested the four multiline PSU general insurers,...
Net profit of ICICI Pru Life rises 56% to ₹609 cr in Q4FY26
The recent '0 per cent GST reform' in September 2025 has made insurance policies more affordable and our retail protection segment registered a strong 50.9 per cent year-on-year growth in H2-FY2026, Anup Bagchi, MD &CEO, ICICI Pru Life Mumbai:The net profit of...
SC agrees to hear plea to implement disability-sensitive guidelines for welfare insurance schemes
A bench of Justices Vikram Nath and Sandeep Mehta agreed to hear the plea which sought a direction to the Centre to exercise policy oversight to ensure that welfare insurance schemes for persons with disabilities are implemented in conformity with the guarantees under...
LIC board approves 1:1 bonus issuance,Govt plans an OFS of corporation
In a regulatory filing, the bonus issue will be done by capitalising Rs 6,325 crore out of reserves and surplus available with LIC as of December 31, 2025. The bonus issue would pave way for further share sale or offer for sale (OFS) of LIC. The government, according...