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LIC,New India and GIC Re remain as Domestic Systemically Important Insurers in FY26:IRDAI

LIC,New India and GIC Re remain as Domestic Systemically Important Insurers in FY26:IRDAI

by AIP Online Bureau | Apr 2, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management

D-Slls refer to insurers of such size, market importance, and domestic and global inter connectedness, whose distress or failure would cause a significant dislocation in the domestic financial system. D-SIIs are subjected to enhanced regulatory supervision...
CBI files case against Anil Ambani, RCom in Rs 3,750 crore LIC case

CBI files case against Anil Ambani, RCom in Rs 3,750 crore LIC case

by AIP Online Bureau | Apr 1, 2026 | Indian News, Life

The case has been registered on the basis of a complaint received from Life Insurance Corporation of India Ltd. for offences of conspiracy, cheating, misappropriation, and offences under the Prevention of Corruption Act, according to an official statement. New...

All insurance offices wil remain open on Mar31

by AIP Online Bureau | Mar 30, 2026 | Briefs, Life, Non-Life

The IRDAI has asked insurers to keep their branches open as per normal working hours on March 31, 2026.March 31 is a gazetted and public holiday in India owinng to Mahavir Jayanti.“The insurers may take note of the above and give adequate publicity to the...
Govt may consider OFS option for raising public float in IDBI Bank

Govt may consider OFS option for raising public float in IDBI Bank

by AIP Online Bureau | Mar 22, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy

Earlier this month, the proposed sale of a 60.72 per cent majority stake, held jointly by the government and the LIC, was scrapped after financial bids from two potential buyers reportedly fell short of the reserve price. New Delhi:The government may consider selling...
LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy

LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy

by AIP Online Bureau | Feb 12, 2026 | Health, Indian News, Life

“We are evaluating various options available in the market, but we don’t have any particular deadline or any such immediate date by which we are looking at doing that. We’ll be open to having a stake if a very good opportunity makes itself...
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