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About 82 results for "lic insurance"

Himachal CM's LIC agent's bail plea to be heard on 29 May

Himachal CM's LIC agent's bail plea to be heard on May 29

Himachal Pradesh Chief Minister Virbhadra Singh's Life Insurance Corporation (LIC) agent Anand Chauhan's bail plea will be heard by a trial court on May 29 in Delhi in a disproportionate case. DNA, 5 hours ago

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Bank inks MoU with LIC

The city-based private sector Karnataka Bank has entered into a MOU with LIC for selling life insurance products of the latter. Karnataka Bank and LIC inked the corporate agency agreement at the head office of Karnataka Bank here yesterday, a bank release ...
 Business Standard2 days ago Karnataka Bank signs MoU with LIC  Deccan Herald2 days ago Karnataka Bank to sell LIC policies at its branches  DNA3 days ago Karnataka Bank to sell insurance products of LIC  Business Standard3 days ago

LIC investment income at Rs 1,80,117 cr in 2016-17

Insurance behemoth Life Insurance Corporation (LIC) of India earned a total investment income of Rs 1,80,117 crore during the financial year 2016-17. For LIC, which is also the largest domestic institutional investor in the country, the income was earned ...
 Business Standard4 days ago LIC to infuse Rs 407 cr in IDBI; hike stake to 14.25%  DNA1 month ago
Money Control

LIC ready to trim its legacy stake below 15%: Sharma

Life Insurance Corporation (LIC) of India, which has strategic investments in many blue-chip listed companies, is open to pruning its stake in those companies to below 15%. "There are companies where we have had strategic investments and where our stake is ...
 Deccan Herald1 week ago Three MDs to collectively decide on LIC investments  Deccan Herald1 week ago Iradai asks LIC to trim holdings in companies to 15% or below  DNA3 weeks ago LIC may not trim stake in legacy investments below 15% as no word has come from IRDAI  Money Control1 month ago
Money Control

LIC launches new policy with 8% assured annual return

Life insurance giant Life Insurance Corporation (LIC) today launched a long-term endowment policy Jeevan Umang, that covers up to 100 years and offering a combination of income and protection including an assured 8 percent annual return.
 DNA1 week ago LIC launches two Aadhaar based policies  Money Control1 month ago

LIC to restructure lending biz

Not satisfied with the consortium approach of dealing with the issue of rising non-performing assets (NPAs), Life Insurance Corporation is planning a major makeover of its lending operations that will see the birth of a separate wing with expertise in bad ...
 The Financial Chronicle2 weeks ago LIC posts 27% growth in first year premium in FY17  DNA1 month ago LIC to step up income from non-single premium in FY18  Business Standard2 months ago First year premium growth of life insurers rebounded in FY16  DNA2 months ago

A family's fight to win a murdered man's insurance claim

LIC contested the insurance claim. Consumer activist Jehangir B Gai tells you how this claim was won. Penti Surender held 10 life insurance policies issued by the Life Insurance Corporation of India. The total sum insured was Rs 19.75 lakh. In January 5, 2007, Surender, along with his motorcycle and mobile, went missing. A police complaint was lodged. Later, his dead body was recovered on April 18, 2007. According to the police investigation, Surender had an extra marital affair which the ...
 Rediff.com1 month ago She won a claim rejected by LIC  Rediff.com2 months ago

PSU insurers make big gains

State-owned insurance firms, including behemoth LIC, have made huge gains of thousands of crores of rupees with significant investments in cigarette maker ITC even as private insurers and mutual funds have turned ‘responsible’ by drastically cutting their ...
 The Financial Chronicle1 month ago PSU insurers gain big from ITC; pvt players turn 'responsible'  Business Standard1 month ago

LIC to soon get bankers on board for managing lending ops

Insurance behemoth LIC will soon obtain services of retired bankers to strengthen its lending operations and ensure that NPAs are kept at the minimum.
 DNA1 month ago

NCDRC asks LIC to pay Rs 7 lakh to woman who lost ailing son

The apex consumer commission has asked the Life Insurance Corporation (LIC) of India to pay Rs 7 lakh to the kin of a youth whose medical claim was rejected on the ground of non-disclosure of material facts. The National Consumer Disputes Redressal Commission ...
 Business Standard2 months ago
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