by AIP Online Bureau | Dec 5, 2025 | Indian News, Life, Regulation
Shalini Pandit, joint secretary,Department of Financial Services Pandit has also been made director on the board of Life Insurance Corporation New Delhi:The Government, on Friday, has changed its nominee directors in the boards of insurance regulator IRDAI, Life...
by AIP Online Bureau | Dec 5, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
The federal government and state-owned Life Insurance Corp of India together own about 95% in the lender. The government will sell 30.48% of its stake in the bank, while LIC will offload 30.24%, along with transfer of management control. India is poised to seek bids...
by AIP Online Bureau | Dec 3, 2025 | Indian News, Life
R. Doraiswamy, CEO & MD along with other senior leadership team of LIC at the launch of LIC’s Protection Plus & LIC’s Bima Kavach In Bima Kavach, the life assured can select a policy term which can extend up to 100 years, ensuring long-term protection....
by AIP Online Bureau | Dec 1, 2025 | Briefs, Life
Ramakrishnan Chander,58, has taken charge as one of the managing directors of Life Insurance Corporation on Monday. He was earlier an executive director of the corporation, He will be retiring on Sept 30, 2027 or until further orders, whichever is earlier, said LIC. A...
by AIP Online Bureau | Dec 1, 2025 | Eco/Invest/Demography, Indian News, Life, Policy, Regulation
“The Ministry of Finance does not issue any advisory/direction to LIC in connection with matters related to investment of LIC fund.The investment decisions of the state-owned insurer, she said, are taken by “LIC alone following strict due diligence, risk...
