Life Insurance Corporation Of India
Life Insurance Corporation (LIC) is the largest insurance provider company in India. It has a market share of above 66.2% in new business premium. The company offers participating insurance products and non-participating products like unit-linked insurance products, saving insurance products, term insurance products, health insurance, and annuity & pension products.
What Life files
- Important119
- Others94
- Updates54
- Investor Meet18
- PPTs6
- Board Meeting6
LIC launches two new domestic market products: Bima Platinum, a savings plan, and Jeevan Raksha, a pure risk plan. This broadens its offerings, potentially impacting future premium income.
LIC invested Rs. 5000 crore by subscribing to 500,000 NCDs of Bajaj Finance. These funds will boost Bajaj Finance's long-term resources for financing and general business operations.
LICI has re-designated Shri Madhu V. S. from General Manager (Life), Nairobi, to Additional Director, Management Development Centre, Mumbai. This leadership change elevates him to Senior Management Personnel, streamlining operational management.
LIC representatives attended an Investors' Meet (group and one-on-one). No undisclosed price-sensitive information was shared. The corporate presentation is available on the company website.
LIC attended an investor meet. No new price-sensitive information was shared with attendees. The corporate presentation from the meet is available on the company website for investor review.