by AIP Online Bureau | Mar 29, 2025 | Briefs, Life
LIC on Friday said its branches will be open during the weekend and even on Monday, which is a holiday on account of Eid in many parts of the country, to facilitate policyholders to deposit their premium. The offices of LIC under jurisdiction of zones and divisions...
by AIP Online Bureau | Mar 19, 2025 | Eco/Invest/Demography, Indian News, Life, Regulation
“ We want to clarify that LIC has introduced products that align with the New Product Regulations set by IRDAI, effective from October 1, 2024, keeping policyholders’ interests at the forefront .” said Siddhartha Mohanty, CEO & MD, LIC Kumud Das New Delhi/Mumbai;...
by AIP Online Bureau | Mar 18, 2025 | Health, Indian News, Life, Regulation
Siddartha Mohanty, MD & CEO, Life Insurance Corporation `Our plans to get into health insurance have made progress. We are now at the final stage and hopeful that a decision will be taken before March 31. We have to also get regulatory approvals and that take...
by AIP Online Bureau | Mar 7, 2025 | Indian News, Life
In terms of overall brand value, LIC holds the 12th position among the most valuableinsurance brands globally, while SBI Life ranks 76th, making them the only two Indianinsurers in the top 100 Sitanshu Swain Mumbai: State owned Life Insurance Corporation of India...
by AIP Online Bureau | Feb 27, 2025 | Indian News, Life
The company has received a communication/demand order for interest and penalty for Maharashtra on February 27 from Deputy Commissioner of State Tax, Mumbai, LIC said in a regulatory filing Mumbai: Life Insurance Corporation of India (LIC) on Thursday said it has...