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LIC chief expresses concern over continued stagnation in  number of policies in force

LIC chief expresses concern over continued stagnation in number of policies in force

by AIP Online Bureau | Jan 19, 2026 | Eco/Invest/Demography, Indian News, Life, Regulation

Swaminathan S. Iyer, Member (Life), IRDAI,Dinesh Pant, managing director, LIC, R. Doraiswamy, CEO and Managing Director, LIC and BC Patnaik,director, NIA at the 27th Annual C. D. Deshmukh Memorial Seminar, organised by National Insurance Academy (NIA), Pune, on Monday...
Moody’s expects India’s 7.3% economic growth in FY26 to push premium surge

Moody’s expects India’s 7.3% economic growth in FY26 to push premium surge

by AIP Online Bureau | Jan 19, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Moody’s said India’s robust economic growth contributed to a 17 per cent increase in total insurance premium revenue to Rs 10.9 lakh crore in the first eight months (April-November) of 2025-26, with health premiums up 14 per cent and life new business...

LIC launches an attractive offer for revival of lapsed policies

by AIP Online Bureau | Jan 2, 2026 | Briefs, Life

LIC has come up with an attractive offer for revival of lapsed policies. A Special Revival Campaign has been launched from Jan 01,2026 to Mar 02, 2026 for individual lapsed policies. Concession is being offered in late fee for all Non-Linked Insurance Plans upto 30%...

LIC collaborates with Sahaj Insurance Services to reach rural and semi urban areas

by AIP Online Bureau | Dec 26, 2025 | Briefs, Eco/Invest/Demography, Intermediaries, Life

The Life Insurance Corporation of India (LIC) on Friday announced collaboration with Sahaj Insurance Services Private Limited to strengthen insurance penetration across rural and semi urban areas of the country. Under the collaboration, Kanoria Foundation company...
Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC Chief

Passage of Insurance Bill in Parliament to play catalytic role for sector growth: LIC Chief

by AIP Online Bureau | Dec 19, 2025 | Indian News, Life, Policy, Regulation

The Bill provides a framework for greater operational agility and innovation, allowing insurers to design and distribute targeted products that cater to evolving insurance needs, including retirement security, longevity solutions, and health-linked protection,LIC CEO...
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