LIC
Now, insurance policies too in electronic format
Hyderabad: If you are among those, who prefer holding key documents in the digital format, here is some good news for you. Now you can buy insurance policies in digital format, as the insurance regul
Govt appoints SK Roy as LIC Chairman
New Delhi: The government today appointed S K Roy as the Chairman of Life Insurance Corporation of India. The Appointments Committee of the Cabinet (ACC) has already cleared his name.
The notificatio
LIC aims 37% growth in first premium income in 2012-13
Life Insurance Corporation (LIC) is expecting a healthy growth of 37 per cent in first premium income to Rs 5500 crore in the eastern region during the current fiscal.
"We are targeting first p
Moody's downgrades LIC, outlook stable
Moody's cut its rating for state-run Life Insurance Corp of India (LIC) two weeks after it put the country's largest portfolio investor under review for a downgrade over its high exposure to sovereign
Moody's downgrades ICICI, HDFC Bank, Axis by a notch
Global rating agency Moody's on Monday downgraded the standalone credit ratings of the country's largest three private sector lenders -ICICI Bank, HDFC Bank and Axis Bank -- to D+ from C- to align
LIC, IL&FS sign pact for $2 billion infra debt fund
Life Insurance Corp (LIC) and Infrastructure Leasing and Financial Services (IL&FS) on Friday signed a pact to set up a debt fund with a corpus of $2 billion to finance infrastructure projects in Asia
Moody's reviewing LIC rating; downgrade likely
Global agency Moody's on Monday said it is reviewing rating of state-owned LIC for a possible downgrade over its huge exposure to government bonds.
"Moody's has placed the insurance financial streng
LIC pumps in Rs2,317cr in four PSU banks
The state-owned Life Insurance Corporation (LIC) has pumped in Rs2,137 crore in four public sector banks through the preference share route.
Life insurance monolith LIC, according to separate filing
LIC bought 37.71 crore shares of ONGC; stake goes up to 9.48 pc
ONGC on Monday said LIC picked up 37.71 crore shares in the company during the auction last week and its total holding has gone up to 9.48 per cent.
Taking into account the average price of Rs 303
LIC to pay claims in South via fund transfer system from April
The settling of LIC's claims through the National Electronic Funds Transfer (NEFT) system across four states in South India will take off in April, a senior official said.
The move is aimed at reduc
