by AIP Online Bureau | Apr 15, 2026 | Eco/Invest/Demography, Indian News, Life, Policy, Technology
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,...
by AIP Online Bureau | Apr 14, 2026 | Eco/Invest/Demography, Indian News, Life, Policy
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...
by AIP Online Bureau | Apr 13, 2026 | Indian News, Life, Policy
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...
by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management
D-Slls refer to insurers of such size, market importance, and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system. D-SIIs are subjected to enhanced regulatory supervision...
by AIP Online Bureau | Apr 1, 2026 | Indian News, Life
The case has been registered on the basis of a complaint received from Life Insurance Corporation of India Ltd. for offences of conspiracy, cheating, misappropriation, and offences under the Prevention of Corruption Act, according to an official statement. New...