by AIP Online Bureau | Aug 8, 2023 | Indian News, Life
Life insurance behemoth Life Insurance Corporation has seen a slow down in its premium accretion in the month of July. The corporation’s total premium has declined by 47 per cent y-o-y to Rs 15386.57 in the month of July Mumbai: Despite bullish performance by the...
by AIP Online Bureau | Jul 27, 2023 | Indian News, Life
The minimum instalment premium will be Rs.3000 for regular premium policies and Rs.30000/- for single premium policies Mumbai: Life Insurance Corporation LIC) has introduced a new non linked, non participating, term plan- Jeevan Kiran, on Thursday. It is an...
by AIP Online Bureau | Jul 20, 2023 | Briefs, Life
The government has appointed Sat Pal Bhanoo as one of the managing directors of Life Insurance Corporation (LIC).He has been appointed in place of Siddhartha Mohanty who has been appointed as chairman of LIC in April. Bhanoo’s appointment is effective from the...
by AIP Online Bureau | Jul 12, 2023 | Briefs, Life, Policy, Regulation, Workplace/Employee Benefits
The government has nominated M. P. Tangirala, additional secretary, Department of Financial Services, as as part-time member of the Insurance Regulatory and Development Authority of India as well as director on the board of the Life Insurance Corporation with...
by AIP Online Bureau | Jul 12, 2023 | Data, Life
Among total collections in the first quarter, private players grew 10.6 per cent to Rs 28,167.7 crore year-on-year from Rs 25,473.5 crore, when it grew by 48.8 per cent Mumbai: Life insurers collectively witnessed a 0.9 per cent decline in the first quarter new...
