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Stalin says LIC website reduced to propaganda tool for Hindi imposition, Corporation resolves technical glitch

Stalin says LIC website reduced to propaganda tool for Hindi imposition, Corporation resolves technical glitch

by AIP Online Bureau | Nov 19, 2024 | Indian News, Life

M K Stalin,Tamil Nadu Chief Minister LIC has clarified that there was a technical issue in the website which has already been resolved Posting a screenshot of the LIC of India webpage containing Hindi, the chief minister said in a post on social media platform ‘X’:...
LIC’s net profit rises 4% to Rs18,082 crore in H1FY25, Health JV plans may be completed this fiscal

LIC’s net profit rises 4% to Rs18,082 crore in H1FY25, Health JV plans may be completed this fiscal

by AIP Online Bureau | Nov 8, 2024 | Indian News, Life, Regulation

Siddhartha Mohanty, CEO & MD, LIC LIC’s plan to pick up some stakes in a stand alone health insurer is in progress and should be announced in the current fiscal,” Siddhartha Mohanty, CEO & MD, LIC Mumbai: Life insurance behemoth Life Insurance...
LIC’s net profit rises 4% to Rs18,082 crore in H1FY25, Health JV plans may be completed this fiscal

Insurance industry can collaborate with telcos, e-comm, fintechs for deepening reach: LIC chief

by AIP Online Bureau | Oct 22, 2024 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Technology

Siddartha Mohanty, MD & CEO, LIC “Current channels, including agents, brokers, and bancassurance have been effective, but fraught with its own limitations given the challenge of taking insurance to each citizen of the country. Collaborating with...
BC Patnaik quits as Member, Life, IRDAI

BC Patnaik quits as Member, Life, IRDAI

by AIP Online Bureau | Oct 6, 2024 | Indian News, Life, Regulation

BC Patnaik, Member, Life, IRDAI Recently, Patnaik, who retired as a  managing director of LIC in March 2023, has been selected as the director, National Insurance Academy(NIA) , Pune and is expected to take over his new academic assignment in mid Nov...
Data privacy is a major concern for insurance industry: LIC CEO

Data privacy is a major concern for insurance industry: LIC CEO

by AIP Online Bureau | Oct 6, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation, Risk Management, Technology

(LtoR) Siddhartha Mohanty, CEO and MD, Life Insurance Corporation and Satyajit Tripathi, Member (Distribution), IRDAI at an event organised by Pune based National Insurance Academy in Mumbai IRDAI’s  methods for monitoring companies and intermediaries have...
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