by AIP Online Bureau | Sep 18, 2023 | Indian News, Life, Pension & Social Security, Workplace/Employee Benefits
Siddhartha Mohanty, chairperson, LIC, thanked finance minister Nirmala Sitharaman for extending the benefits of agents and employees of the corporation New Delhi: The Ministry of Finance today approved a series of Welfare measures for the benefit of agents and...
by AIP Online Bureau | Sep 14, 2023 | Indian News, Life
(L to R) M P Tangirala, additional secretary, Dept of Financial Services, Nirmala Sitharaman, Union Finance Minister, Siddhartha Mohanty, chairman, LIC, M Jagannath,MD, LIC The corporation had a total premium income of Rs 4,74,005 crore and a net profit of Rs...
by AIP Online Bureau | Sep 1, 2023 | Indian News, Life, Pension & Social Security
Life Insurance Corporation(LIC) is celebrating its 67th anniversary on Friday. With 13.47 lakh agents, LIC has taken many customer-centric initiatives and digital initiatives besides improving pricing and creating operational efficiencies Mumbai: With total 27.74...
by AIP Online Bureau | Aug 25, 2023 | Banking & Bancassurance, Briefs, Life
Life Insurance Corporation(LIC) has tied-up with Saraswat Cooperative Bank, a scheduled bank headquartered at Mumbai, to distribute its products. The bank has a vast network of 294 branches spread over six states and is catering to over 2 million customers. It has...
by AIP Online Bureau | Aug 10, 2023 | Indian News, Life
Siddarth Mohanty, chairman, LIC “Our premium has fallen in Q1 as our ticket size of the policy has gone up. We would like to grow our bottomline but would ensure that our top line growth is maintained at better than the industry’s growth rate so that our...
