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LIC’s net profit jumps 32% to Rs 10,053 crore in Q2

LIC’s net profit jumps 32% to Rs 10,053 crore in Q2

by AIP Online Bureau | Nov 7, 2025 | Indian News, Life

R Doraiswamy, CEO and MD, LIC The Net VNB margin for the six months period ended September 30th, 2025 increased by 140 bps to 17.6% as compared to 16.2% for the six months period ended September 30th, 2024. New Delhi: Life Insurance Corporation of India (LIC) on...
LIC denies Washington Post report, says made investments in Adani firms independently

LIC denies Washington Post report, says made investments in Adani firms independently

by AIP Online Bureau | Oct 25, 2025 | Eco/Invest/Demography, Indian News, Life, Policy

The statement was in response to a report in The Washington Post alleging officials orchestrated a plan to steer LIC into investing in the Adani group earlier this year, when the ports-to-energy conglomerate was facing a debt pile and scrutiny in the US. Mumbai:State...
FSIB recommends R Chander as MD of LIC

FSIB recommends R Chander as MD of LIC

by AIP Online Bureau | Sep 30, 2025 | Indian News, Life, Policy

The Financial Services Institutions Bureau (FSIB) interviewed five candidates for the positions. LIC has four managing directors besides CEO and MD who heads the life insurance giant. Mumbai: FSIB, the headhunter for directors of state-owned banks and financial...
FSIB recommends R Chander as MD of LIC

LIC sees Rs 1,100 crore premium inflows on first day of GST relief

by AIP Online Bureau | Sep 28, 2025 | Indian News, Life, Policy

Industry experts said that the removal of GST has made traditional life insurance policies more affordable and attractive for individual buyers, which is expected to push up sales in the coming months Mumbai: Life Insurance Corporation of India (LIC) attracted strong...
LIC pays Rs 7,324 cr to Finance Minister as dividend for FY25

LIC pays Rs 7,324 cr to Finance Minister as dividend for FY25

by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Life

LIC had an asset base of Rs 56.23 lakh crore as of June , 2025 Mumbai: State owned Life Insurance Corporation of India (LIC) on Friday said it has paid a dividend cheque of Rs 7,324.34 crore to Finance Minister Nirmala Sitharaman for the 2024-25 financial year. The...
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