by AIP Online Bureau | Feb 8, 2024 | Indian News, Life
“Our consistent and focused approach towards diversifying and changing our product mix is now yielding results at a faster pace. ” Chairperson Siddhartha Mohanty, said Mumbai: Life Insurance Corporation of India reported a nearly 50% rise in third-quarter...
by AIP Online Bureau | Feb 7, 2024 | Indian News, Policy
Prime Minister Narendra Modi People’s confidence is improving in PSU shares, the Prime Minister said, as he shared some key facts and inputs in the Upper House to buttress his views that LIC and HAL are making progress in what contradicts the claims of the opposition...
by AIP Online Bureau | Feb 6, 2024 | Indian News, Life
Siddhartha Mohanty, chairperson, Life Insurance Corporation launched a new unit linked plan- Index Plus- on Monday The new product is a Regular Premium, Individual Life Insurance Plan which offers life insurance cover cum savings throughout the term of the policy,...
by AIP Online Bureau | Feb 5, 2024 | Eco/Invest/Demography, Indian News, Life, Reinsurance, Wealth Management/ Philanthropy
The shares of New India Assurance(NIA) also rose almost 10 per cent and closed at Rs 265.10 in BSE New Delhi: The upward share prices of Life Insurance Corporation of India (LIC) and GIC Re, state-owned multinational reinsurer, on Monday brought cheers to the retail...
by AIP Online Bureau | Feb 4, 2024 | Indian News, Non-Life, Reinsurance
A dividend cheque of Rs.1083.60 crore for FY 2022-23 was handed over to Finance Minister Nirmala Sitharaman by N. Ramaswamy, CMD, GIC Re with M P Tangirala, additional secretary, Dept of Financial Services (extreme left), and, Hitesh Joshi, general manager, GIC Re...