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LIC plans to create a $22bn fund to pay bonus and dividend boosting its battered stock: Report

LIC plans to create a $22bn fund to pay bonus and dividend boosting its battered stock: Report

by AIP Online Bureau | Oct 28, 2022 | Indian News, Life, Policy, Wealth Management/ Philanthropy

The transfer, if concluded, would boost LIC’s net worth by about 18 times from its current value of about 105 billion rupees and top the net worth chart among insurers, including SBI Life and HDFC Life, both the officials said. New Delhi: State owned Life...

Govt seeks applications for a new IRDAI member(Non-Life)

by AIP Online Bureau | Jan 17, 2022 | Health, Indian News, Non-Life, Regulation

TL Alamelu, member(Non-Life), IRDAI will be retiring on May 6,2022 after completing her three-year tenure New Delhi: The government on Monday has asked for applications to appoint a new member (Non-life), in Hyderabad based IRDAI. The current member(Non-Life),TL...
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