by AIP Online Bureau | Jun 10, 2022 | Indian News, Life, Wealth Management/ Philanthropy
Tuhin Kanta Pandey, secretary,DIPAM ”We are very concerned about the temporary blip in LIC share price. People will take time to understand (fundamentals of) LIC. LIC management will look into all these aspects and will raise the shareholders’...
by AIP Online Bureau | Jun 6, 2022 | Indian News, Life, Wealth Management/ Philanthropy
LIC had fixed the issue price of its shares at Rs 949 apiece after a successful IPO, which was over subscribed nearly 3-times when it closed on May 9 Mumbai: Shares of Life Insurance Corporation of India (LIC) continued to fall for the fifth day running on Monday and...
by AIP Online Bureau | May 31, 2022 | Indian News, Life
Raj Kumar.MD, LIC, explained that the exercise to determine Indian embedded value as on March 31, 2022 is under progress and is expected to be completed by June 30, 2022. As soon as the exercise is completed, LIC shall make the required public disclosures of the same...
by AIP Online Bureau | May 30, 2022 | Indian News, Life
The corporations’ first year premium increased 32.65 per cent to Rs 14,663.19 crore and its renewal premium increased by 5.37 per cent to Rs 71,472.74.05 crore in the reporting quarter NEW DELHI: Life Insurance Corporation (LIC) of India has seen its net profits...
by AIP Online Bureau | May 30, 2022 | Indian News, Life
The plan is available for a term of 15, 20 and 25 years. premium paying term is 4 years less than policy term. plan provides 25% of basic sum assured as survival benefit at the end of each year for the last two years of policy term (T-2 & T-1) , provided the...
