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March 29, 2024
LICs Jeevan Utsav offers stability and flexibility with whole life coverage, flexible premiums, and guaranteed additions. It ensures financial security, growth, and customisation for modern investors seeking comprehensive insurance solutions.
February 11, 2024
India Business News: NEW DELHI: Life Insurance Corporation of India has received an income tax refund order of Rs 25,464 crore, and it is likely to be realised during the .
February 11, 2024
The refund, which is likely to boost the bottom line of the corporation in the fourth quarter, is related to interim bonuses to policyholders in the past seven assessment years.
February 9, 2024
LIC has enabling provisions to invest in banks like HDFC Bank. Their equity investment is about 20-25% of total AUM, and they have a balanced approach to ensure sustainability. LIC is monitoring the market and taking a mixed strategy. Non par products are giving good returns and are getting traction in the market.
February 7, 2024
The Life Insurance Corporation of India (LIC) unveiled Index Plus, a new unit-linked life insurance policy. It is a non-participating, regular premium individual life insurance plan that provides life insurance coverage and cumulative savings throughout the course of the policy.
February 2, 2024
Finance Minister Nirmala Sitharaman admits lack of internal professionalism in public sector undertakings in the 90s, speaks on efforts to fill gaps in LICs internal systems before its IPO launch.
January 17, 2024
Life Insurance Corp of India Ltd. has reclaimed its position as the most valued listed public sector undertaking, surpassing the market capitalization of State Bank of India.
January 17, 2024
The Life Insurance Corporation of India has touched 5.71 trillion market capitalisation.
January 17, 2024
In terms of market capitalization, LIC topped Rs 5.8 lakh crore mark on Wednesday at the price of Rs 919.45, race-pasting State Bank of India's total valuation of Rs 5.67 lakh crore for the day.
January 16, 2024
Shares of Life Insurance Corporation (LIC), Indias largest life insurer, soared 5.30% in todays intraday to touch ₹900 apiece, a level not seen since its listing in May 2022.