Life Insurance Corporation

LIC pays dividend of Rs 2,207 crore to government

LIC pays dividend of Rs 2,207 crore to government

The insurer manages assets worth more than Rs 25.72 lakh crore and had annual income of Rs 4.92 lakh crore in the year 2016-17.

Sep 29, 2017, 20:49 PM IST
Banks' borrowing rates will fall with lending rates: Arun Jaitley

Banks' borrowing rates will fall with lending rates: Arun Jaitley

"When lending rates go down, the borrowing rates will obviously come down. These are all inter-connected," Jaitley said in the Rajya Sabha during Zero Hour in reply to a question on the issue by Derek O`Brien of the Trinamool Congress.

Aug 03, 2017, 23:56 PM IST

Virbhadra case: Court to hear arguments on charge against LIC agent

A Delhi court on Wednesday fixed April 11 to hear arguments on charges against Life Insurance Corporation (LIC) agent Anand Chauhan in a disproportionate assets case involving Himachal Pradesh Chief Minister Virbhadra Singh.

Mar 08, 2017, 16:00 PM IST

Hemant Bhargava assumes office as LIC's second MD

Hemant Bhargava on Monday took over as a managing director of Life Insurance Corporation, to fill the vacancy created by the retirement of Sushobhan Sarkar in 2014.

Feb 13, 2017, 18:18 PM IST
V K Sharma appointed Chairman of LIC for five years: Government

V K Sharma appointed Chairman of LIC for five years: Government

Acting chairman of Life Insurance Corporation V K Sharma was on Wednesday appointed as the Chairman of the insurer for a term of five years.

Dec 14, 2016, 19:54 PM IST
LIC unveils new money-back plan to mark diamond jubilee

LIC unveils new money-back plan to mark diamond jubilee

Insurance behemoth Life Insurance Corporation of India (LIC) on Saturday came out with a closed-ended plan -- Bima Diamond -- on the occasion of its diamond jubilee year.

Sep 17, 2016, 18:36 PM IST
LIC to fill posts for 2 MDs; yet to name chairman

LIC to fill posts for 2 MDs; yet to name chairman

State-owned life insurer LIC, which is yet to name a chairman after the incumbent SK Roy in June announced surprise retirement two years ahead of his tenure, is looking at selecting two MDs for which eight EDs have been called for interviews.

Aug 28, 2016, 14:05 PM IST
LIC invites applications for Advisers, Insurance Agents; 608 vacancies, last date to apply - August 30

LIC invites applications for Advisers, Insurance Agents; 608 vacancies, last date to apply - August 30

LIC has invited candidates to apply for the posts of Adviser, Insurance Agent posts on a permanent basis.

Aug 03, 2016, 22:01 PM IST
ICICI Prudential Life​ files for India''s biggest IPO in six years

ICICI Prudential Life​ files for India''s biggest IPO in six years

ICICI Prudential Life Insurance Co Ltd has filed for an initial public offering of shares, which sources have said could raise about $745 million in the biggest local IPO in six years.​

Jul 18, 2016, 12:21 PM IST