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Life Insurance Corporation News

LIC Assistant recruitment for 8000 posts: Registration closing today, check how to apply

LIC Assistant recruitment 2019: Candidates who are above the age of 18 and hold a bachelor's level or equivalent degree can apply for the post at licindia.in.

LIC listing back on agenda, as govt looks to give disinvestment a boost

If the LIC shares are listed on stock exchanges, it could easily emerge as the country’s top listed company in terms of market valuation, overtaking current leaders Reliance Industries Ltd and Tata Consultancy Services.

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LIC ADO admit card 2019 released: Check how to download, exam pattern

LIC ADO admit card 2019: The one-hour 100 marks exam will be conducted from July 6 to 13, 2019. Selected candidates will be shortlisted for Mains. The admit card or LIC ADO call letter is available at licindia.in.

Irdai panel may identify LIC as systematically important insurer

Insurance sector officials are not sure whether any other life insurer or a general insurance player other than GIC Re will qualify for the status. The committee headed by Pravin Kutumbe, Member-Finance & Investment, Irdai, has been asked to submit report in six months.

LIC's market share falls below 70 per cent

During 2017-18, life insurers issued 281.97 lakh new individual policies, out of which LIC issued 213.38 lakh policies or 75.7 per cent of the total new policies issued and the private life insurers issued 68.59 lakh policies (24.3 per cent).

LIC profit rises by 32 per cent to Rs 25K crore

After distributing 95 per cent of surplus to policyholders, balance Rs 2,430.19 crore is government’s share.

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RBI cancels meeting with IL&FS shareholders

IL&FS group is facing serious liquidity crisis and has defaulted on interest payment on various debt repayments since August 27. It has over Rs 91,000 crore in debt.

LIC board decides modalities for stake hike in IDBI Bank

Sources said LIC board has decided on appointment of a merchant banker and a legal advisor to carry out the acquisition process.

Life Insurance Corporation to buy up to 14.9 per cent stake in IDBI Bank

The first round of stake purchase is expected to bring over Rs 2,000 crore to the bank at the current market price.

To bring in LIC as promoter: IDBI Bank seeks Centre’s approval

LIC which held 10.82 per cent stake in IDBI Bank had sold part of the stake in the last three months. Insurers stake in the bank is 8.29 per cent.

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LIC Assistant Prelims Admit Card 2019 released: Steps to download

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

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