by AIP Online Bureau | Dec 14, 2022 | Indian News, Life
The LIC scrip on Wednesday opened at Rs 723 and during the intra-day trade it touched a high of Rs 732 and a low of Rs 719.95. A change in the accounting policy resulted in LIC’s profit shooting up by Rs 14,271.80 crore to Rs 15,952.29 crore for the Q2FY23....
by AIP Online Bureau | Dec 8, 2022 | Indian News, Life, Policy
“The government is planning to broaden the eligibility criteria for appointment of LIC CEO so that private sector candidates can apply,” said one of the government officials, who declined to be identified as the discussions are private New Delhi: India...
by AIP Online Bureau | Nov 24, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
“The change in product mix is clear indicator of our efforts in maintaining our market leadership position. We hope that sooner or later the markets will value our efforts that are making the results that are visible,” said MR Kumar,chairman,LIC Mumbai:...
by AIP Online Bureau | Nov 17, 2022 | Briefs, Intermediaries, Life, Technology
Insurtech InsuranceDekho has partnered with Life Insurance Corporation of India (LIC) to sell the corporation’s products on its platform. Ankit Agrawal, CEO, and Co-founder, InsuranceDekho, said, “We will leverage the best technology, POSP partner practices, and...
by AIP Online Bureau | Nov 16, 2022 | Eco/Invest/Demography, Indian News, Life
LIC’s timing and pricing of selling its Rs 3,400 crore debt of RCAP debt have raised eyebrows. Bidders have alleged a conflict of interest in the sale of LIC debt to ACRE, as both ACRE and LIC are members of RCAP’s COC. ACRE has an exposure of Rs 1,350...
