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LIFE INSURANCE CORPORATION OF INDIA NEWS

Gujarat civic polls: HC to decide on election duty for LIC employees today

February 19, 2021 2:47 am

In 2012, for Assembly elections in Gujarat, LIC employees were requisitioned for election duty by the chief electoral officer, which too was challenged before the Gujarat HC.

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Explained: How is the ground being set for the LIC IPO?

February 24, 2021 12:53 pm

LIC IPO: Govt and SEBI are laying the ground for smooth listing of India's largest financial institution. Govt has announced that up to 10% of the IPO issue size would be reserved for policyholders.

Paving way for LIC IPO: Minimum public offer norms eased for large cos

February 18, 2021 12:00 am

This paves the way for the government to divest a stake in Life Insurance Corporation of India (LIC) without flooding the market with the behemoth’s shares.

LIC launches pension scheme

October 22, 2020 12:32 pm

Customers can expect a return of 5.5 per cent, according to experts. Two annuity options are available under the plan, LIC said.

Central govt considers selling 25% stake in LIC to plug a widening budget gap: Report

September 29, 2020 6:05 pm

The timing of the insurer’s initial public offering will depend on market conditions, and the sale is likely to be done in tranches

LIC not to fully exit UTI Mutual Fund, has ‘no problem’ with Axis Bank stake pickup in Max Life

September 23, 2020 12:28 am

According to Sebi regulations, institutions which own their mutual funds can’t hold more than 10 per cent stake in other mutual funds. SBI, LIC and BoB have their own mutual funds.

COVID-19 impact: LIC extends grace period for premium payment for all its policyholders

April 17, 2020 3:33 pm

LIC customers whose premium is due in the months of March and April will get an entire month to pay their pending premium.

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LIC AE, AAO prelims postponed due to coronavirus pandemic

March 23, 2020 3:07 pm

The LIC AE, AAO recruitment preliminary exam was scheduled to be held on April 4 for as many as 218 posts has been postponed till further notice, as per a latest communication by LIC.

Proposed IPO of LIC to benefit insurance industry: Fitch

February 26, 2020 5:12 pm

Fitch said it expects that the initial public offering (IPO), once executed, may also encourage some of the other private sector insurance companies to list some of their shares in the stock market over the medium term, although the current insurance regulation does not require all insurers to be listed publicly.

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LIC AE, AAO recruitment for 218 posts, salary over Rs 57000

February 26, 2020 10:38 am

LIC AE, AAO Recruitment 2020 Notification: A total of 218 posts are advertised under this recruitment drive. The application process has begun today at licindia.in and will conclude on March 15.