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Saturday, June 19, 2021

Life Insurance Corporation

LIFE INSURANCE CORPORATION NEWS

LIC Chairman selection revamp: Retirement age raised to 62, only MDs eligible for post

May 24, 2021 12:52 am

The new rule clarifies that all MDs in position on the date of vacancy, irrespective of experience as MD, can compete for the chairmanship.

Explained: Taking stock of government share sales

March 16, 2021 12:51 pm

Government’s disinvestment programme offers investors an opportunity to become shareholders in what were so far closely-held institutions. What factors should you keep in mind before investing in these?

Government may consider Oriental Insurance or United India for privatisation

February 21, 2021 6:46 pm

To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter.

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 MD: ‘Our market share has increased substantially ... renewal premium is showing increasing trend’

August 31, 2020 11:06 am

Under policies, we are in the negative but the volume is increasing month to month and we will be in a comfortable position soon on this count also.

Throwing LIC open to private players will destroy its ethos of public service, make them subservient to profit-making motives

July 13, 2020 8:42 pm

The argument for privatising the LIC is based on the thinking that the move will augment the corporation’s efficiency. But surely the LIC couldn’t have grown from a 5-lakh company to one worth 32 lakh crore if it lacked efficiency.

As markets crashed, LIC entered to buy stocks amid fall in holdings in March

June 29, 2020 12:57 am

LIC’s holding in companies listed on NSE fell to at least a decadal low of 3.88 per cent at the end of March 2020.

Explained: The biggest LIC IPO that the government is set to launch

June 25, 2020 10:06 am

LIC IPO 2020 Launch Date, Benefits: An IPO will certainly bring in transparency into affairs of LIC since it will be required to inform financial numbers and other market-related developments on time to the stock exchanges.

Finance Ministry invites bids from transaction advisors for LIC IPO

June 19, 2020 2:43 pm

The advisors can submit their bids beginning Friday, till July 13, 2020. The bids would be opened by DIPAM on July 14.

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

June 09, 2021 3:34 pm

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

LIFE INSURANCE CORPORATION PHOTOS

LIC Assistant Prelims Admit Card 2019 released: Steps to download

October 16, 2019 2:03 pm

LIC assistant prelims admit card 2019: The Life Insurance Corporation of India (LIC) has released the admit card for the preliminary examination. It will remain available on the website till October 22, 2019