by AIP Online Bureau | Jun 2, 2025 | Indian News, Life
The MDs who will be appearing for the FSIB interview are-Sat Pal Bhanoo, Ramachandran Doraiswamy, Dinesh Pant and Ratnakar Patnaik Mumbai: Two of executive directors of Life Insurance Corporation, Ratnakar Patnaik and Dinesh Pant have taken over as managing directors...
by AIP Online Bureau | Jun 2, 2025 | Data, Health, Non-Life
Another concern is the rising cost of claims. The report explained that after COVID-19, there has been a shift in focus toward critical illnesses like cancer and heart conditions. This has led to higher claim frequency and severity, putting additional pressure on...
by AIP Online Bureau | Jun 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life
The insurance behemoth was followed by the country’s biggest lender State Bank of India (SBI) with Rs 18,643 crore profit during the fourth quarter. However, SBI was ahead of LIC in terms of annual profit as it earned Rs 70,901 crore in FY25 as against Rs 48,151...
by AIP Online Bureau | May 28, 2025 | Eco/Invest/Demography, Indian News, Life
LIC on Tuesday posted a 38 per cent increase in net profit to Rs 19,013 crore in the fourth quarter ended March 2025 helped by lower expenses. New Delhi: Shares of state-owned insurer Life Insurance Corporation of India (LIC) on Wednesday surged nearly 9 per cent...
by AIP Online Bureau | May 27, 2025 | Health, Indian News, Life, Regulation
Siddhartha Mohanty, CEO & M D, Life Insurance Corporation On the proposed health insurance joint venture, Siddhartha Mohanty, CEO & M D, LIC, said, “ We are yet to finalise our plans to foray in to health insurance. The proposal has to be taken to the board,...
