Fri, Dec 13, 2024
State-owned insurer Life Insurance Corp of India (LIC) has pared its stake in iron-ore producer NMDC Ltd by 2 per cent, according to an exchange filing. After the stake sale, LIC's holding in the state-run iron ore mining company NMDC has dropped to 5.6 per cent from 7.6 per cent earlier.
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Tue, Dec 10, 2024
LIC shares drop nearly 4% as November premiums decline by 27% year-on-year. Investors weigh the insurer’s underperformance against plans to expand into health insurance and support for increased FDI.
Sun, Dec 08, 2024
During his upcoming visit to Haryana, the Prime Minister will launch the LIC Bima Sakhi Yojana initiative aimed at empowering women aged 18-70 years under certain conditions. The Bima Sakhi Yojana drive is in tandem with the PM's commitment to women empowerment and financial inclusion.
Tue, Mar 23, 2021
It's an important message for LIC policyholders!
Mon, Mar 22, 2021
LIC Policy maturity claim payments: In a bid to mitigate the hardship faced by the Life Insurance Corporation (LIC) of India policy holders, LIC has allowed its Policyholders to deposit their Maturity claim documents at the nearest LIC office anywhere.
Fri, Mar 19, 2021
To mitigate the hardships faced due to corona pandemic, insurance major LIC has allowed its policyholders to deposit their maturity claim documents at their nearest Life Insurance Corporation office anywhere in the country.
Aadhaar Stambh LIC Policy: The Life Insurance Corporation of India (LIC) has various small savings schemes where subscribers have to pay a low premium.
Tue, Mar 16, 2021
LIC Bachat Plus Scheme New Policy 2021: In a major development, Life Insurance Corporation (LIC) has said that it has introduced a new policy, Bachat Plus that offers a combination of protection and savings.
Mon, Mar 15, 2021
LIC Bachat Plus Scheme New Policy: In a major development, Life Insurance Corporation (LIC) on Monday said it has introduced a new policy, Bachat Plus that offers a combination of protection and savings.
Sun, Mar 07, 2021
LIC IPO NEWS: In a major development, the government has proposed to significantly increase the authorised capital of Life Insurance Corporation of India (LIC) to Rs 25,000 crore to facilitate its listing slated for the next fiscal.
Thu, Mar 04, 2021
LIC Jeevan Umang Insurance Policy offers a combination of income and protection to your family.
Wed, Mar 03, 2021
LIC Policy: The Life Insurance Corporation (LIC) of India is giving its life insurance policy holders a chance to revive its lapsed policies. The LIC of India is offering this opportunity under LIC Lapsed Policy Revival Scheme 2021.
Tue, Feb 23, 2021
LIC Aam Aadmi Bima Yojana: In the wake of COVID-19 pandemic spread, people have become ultra cautious about their health and life insurance policy.
Mon, Feb 22, 2021
LIC Policy: After the COVID-19 pandemic, people have become cautious about their health insurance and life insurance covers. In fact, the Government of India (GoI) has also become cautious in providing health and life insurance policies to the common man.
Thu, Feb 18, 2021
LIC IPO - In the SEBI meeting held on Wednesday, there has been some relaxation for the large Initial Public Offerings (IPO). How should the new rules or the change of strategy be seen and what impact will it have on the investors? Zee Business Managing Editor Anil Singhvi gives his take on this! this has come in the wake of the news surrounding the LIC IPO that is forthcoming, but whose launch date has not been revealed yet
Mon, Feb 15, 2021
Mid-cap Picks With Anil Singhvi: Zee Business Managing Editor Anil Singhvi has time and again unveiled stocks that have strong fundamentals and a growth-oriented business model. In this regard today, the Market Guru named CDSL.
Thu, Feb 11, 2021
LIC IPO: The Life Insurance Corporation (LIC) IPO (Initial Public Offer) will come after in 2021 but if we go by the Zee Business exclusive report, the Narendra Modi Government has targeted to open 1 crore new Demat Accounts by this LIC IPO launch date.
Wed, Feb 10, 2021
LIC IPO News: LIC IPO has already created a big buzz as it seems the IPO will turn out as the mother of all IPOs so far!
Tue, Feb 09, 2021
LIC IPO: Life Insurance Corporation (LIC) initial public offer (IPO) is in offing. Ahead of that some data has been unveiled. A massive 45 per cent plunge in LIC's individual annual premium equivalent (APE) in January capped the industry growth at 8 per cent for the month, according to a report.
Sat, Feb 06, 2021
LIC IPO Date: As the government plans to bring LIC IPO in FY 2021-22, there is big A big development regarding the Initial Public Offering (IPO) of the Life Insurance Corporation of India has come to the fore.
Fri, Feb 05, 2021
Life Insurance Corporation of India (LIC) Policy holders, the number is around 25 crore in India, are expected to get 10% of LIC IPO, which has been reserved for them when the Initial Public Offer is launched.
LIC has built a strong brand but has been steadily losing market share to private peers. It is large in terms of premiums (+$ 50 bn) & AUM ($ 400 bn), but shareholder profit ($ 370 mn) & capital ($ 100 mn) are low as profit is redistributed to policyholders & dividend payout is high. Thus, Jefferies range of indicative valuations is wide – Jefferies await clarity on EV & VNB. LIC IPO launch date will be sometime in FY22.
Thu, Feb 04, 2021
Life Insurance Corporation of India or LIC policy holders are set to get a big benefit from LIC IPO, which will come soon. The Government of India (GoI) will reserve as much as 10 per cent stake for the LIC policy holders at the time of LIC IPO launch.
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