by AIP Online Bureau | Feb 4, 2022 | Briefs, Life
Life Insurance Corporation on Thursday said it was roping in insurance aggregator Policybazaar.com to distribute its products. “LIC, the country’s pioneer in life insurance and Policybazaar.com have joined hands to offer a wide range of term and investment...
by AIP Online Bureau | Feb 3, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
While there has been speculation about the number in Indian media – from as low as $53 billion to as high as $150 billion – this is the first time the government, which owns 100% of LIC, is commenting on the matter. The embedded value will help establish...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Life
LIC,which is bound for the nation’s largest share sale by March, is the strongest and the largest brand in the country with a valuation of $8.656 billion (around Rs 64,722 crore), which also makes it the third strongest insurance brand globally, according to a...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy
Secretary in the department of investment and public asset management (DIPAM) Tuhin Kanta Pandey, said approval of the insurance regulator is awaited, post which the draft prospectus, detailing the size of the share sale, will be filed. New Delhi: Government is likely...
by AIP Online Bureau | Feb 2, 2022 | Indian News, Life, Policy
”The public issue of the LIC is expected shortly. Others too are in the process for 2022-23,” FM said New Delhi: The government’s receipts from disinvestment proceeds in the next financial year beginning April have been pegged at Rs 65,000 crore,...
