by AIP Online Bureau | May 27, 2024 | Indian News, Life
“During the last year, we have focused on directional changes in our product mix and enhancing margins in the business. We have more than doubled our share of non-par business within our Individual business. Now we intend to focus our strategic interventions to...
by AIP Online Bureau | May 15, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation
The corporation now has to achieve 10 per cent public shareholding on or before May 16, 2027 Mumbai: The capital market regulator Sebi has allowed Life Insurance Corporation(LIC) three more years from now to comply with its minimum public shareholding (MPS) norms of...
by AIP Online Bureau | Apr 24, 2024 | Indian News, Life, Technology
”It has come to our attention that certain individuals and/or entities are engaging in fraudulent advertising practices on various social media platforms by misusing the image of our senior official/s or ex-officials, our brand logo, and our brand name without...
by AIP Online Bureau | Apr 24, 2024 | Indian News, Life, Policy
26 private sector life insurers have gained market share over LIC in all three key areas like new business premium, policies and number of policies and number of lives covered under group schemes in FY 24 Indicating higher ticket size of its average...
by AIP Online Bureau | Apr 19, 2024 | Eco/Invest/Demography, Indian News, Life, Reinsurance
“The government has received good feedback in investor roadshows for GIC, and is open to sell its 10 per cent stake in tranches depending on its shares’ value,” the official said. The sale of 10 per cent stake in GIC would be done over a period of time, the...
