by AIP Online Bureau | May 24, 2025 | Indian News, Life
(L to R) Rishi Nath, official adjudicator, Guinness World Records, hands over certificate of achievement to Siddhartha Mohanty, CEO & MD, LIC, celebrating LIC’s Guinness World Record for the “Most Life Insurance Policies Sold in 24 Hours.” On January 20, a total...
by AIP Online Bureau | Apr 23, 2025 | Indian News, Life
LIC’s total new business premium rose just two per cent Rs 2.26 lakh crore in for FY25, which included Rs 62,404.58 crore from individual new business New Delhi: Led by state owned Life Insurance Corporation(LIC), domestic life insurers recorded a marginal 5.1...
by AIP Online Bureau | Dec 11, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management
“Supply chains will have to be restored but you would have to reset it, realign it, you will have to make sure that it is spread so much that no geopolitical or strategic risks will threaten our wellbeing,” Finance Minister Nirmala Sitharaman New Delhi: Finance...
by AIP Online Bureau | Aug 13, 2024 | Indian News, Life
Life Insurance Corporation of India (LIC) saw a 19.78 per cent jump in its new business premium to Rs 18,431 crore from Rs 15,387 crore in July 2023.The premium growth for the private life insurance industry slowed down and grew by 7 per cent, reaching Rs 13,392 crore...
by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Health, Indian News, Pension & Social Security, Workplace/Employee Benefits
Coupled with insights from a NITI Aayog position paper, the survey pointed out that the elderly care industry in India — currently valued at USD 7 billion (Rs 57,881 crore) — faces critical gaps in infrastructure, research and know-how for managing...
