by AIP Online Bureau | Sep 28, 2025 | Indian News, Life, Policy
Industry experts said that the removal of GST has made traditional life insurance policies more affordable and attractive for individual buyers, which is expected to push up sales in the coming months Mumbai: Life Insurance Corporation of India (LIC) attracted strong...
by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Life
LIC had an asset base of Rs 56.23 lakh crore as of June , 2025 Mumbai: State owned Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year. The...
by AIP Online Bureau | Aug 24, 2025 | Indian News, Life, Regulation
The voting rights of LIC will not exceed 10% of the total net effective voting rights of the IDBI Bank. Post completion of the strategic disinvestment transaction, the LIC will bring down its residual shareholding in the IDBI Bank to 15% or below, within two years of...
by AIP Online Bureau | Aug 21, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Policy
“LIC’s market value is around Rs 6 lakh crore. So, keeping in mind the liquidity of the market, transactions are designed according to that. And it is not appropriate to give any number in the form of a rumour in the middle of the market,” Arunish...
by AIP Online Bureau | Aug 19, 2025 | Briefs, Life
LIC has come up with a special revival campaign for revival of lapsed policies from 18th August 2025 to 17th October 2025, for individual lapsed policies. Concession is being offered in late fee for all Non-Linked Insurance Plans upto 30% of late fee upto a maximum...
