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LIC world's strongest insurance brand: Brand Finance Insurance report

The report said that LIC's brand value remains steady at USD 9.8 billion, accompanied by a brand strength index score of 88.3 and an associated AAA brand strength rating.

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LIC world's strongest insurance brand: Brand Finance Insurance report

LIC world's strongest insurance brand: Brand Finance Insurance report
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Germany , China , Denmark , India , Australia , Ping-an , Jilin , France , Chinese , Allianz , Life-insurance-corporation-of-india

LIC world's strongest insurance brand: Brand Finance Insurance report

LIC world's strongest insurance brand: Brand Finance Insurance report
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LIC gets tax refund of Rs 21,741 crore from Income Tax department

Last month, the Income Tax Appellate Tribunal (ITAT), Income Tax Department, issued intimation for a refund of Rs 25,464.46 crore. The refund is related to interim bonuses to policyholders in the past seven assessment years.

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Stocks that will see action today (February 12) - The Hindu BusinessLine

Stocks that will see action today (February 12) - The Hindu BusinessLine
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LIC's VNB margin growth higher than private life insurers in Q3 FY24

State-backed Life Insurance Corporation of India (LIC) recorded strong growth in the value of new business (VNB) margin in the third quarter of financial year 2023-24 (Q3FY24) while major listed private life insurers reported a weak performance.

VNB refers to the profit that an insurer is likely to garner from new business, which comes from policies sold in a particular period.

VNB margin is the profit margin of the insurer.

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LIC expects income tax refund of Rs 25,464 cr in Q4

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 current quarter, its chairman Siddhartha Mohanty said. Last month, the Income Tax Appellate Tribunal (ITAT), Income Tax Department, issued intimation for a refund of Rs 25,464.46 crore. The refund is related to interim bonuses to policyholders in the past seven assessment years.

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LIC expects income tax refund of Rs 25,464 cr in Q4, says chairman | Company News

LIC expects income tax refund of Rs 25,464 cr in Q4, says chairman | Company News
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