| LIC expects new premium income to rise 25% | 24-JUN-09 |
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| At a time when the life insurance market is contracting, Life Insurance Corporation of India (LIC), the country’s largest insurer, is expecting a 25 per cent increase in new premium income this financial year. |
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| Business to grow 20% a year: LIC chief | 10-FEB-09 |
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| “Our premium growth over the period has been over 20 per cent each. This year we are targeting Rs 1,75,000 crore (total premium). At 20 per cent, in three years, it will increase to Rs 3,00,000 crore,” LIC Chairman T S Vijayan said. |
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| LIC aims Rs 3 lakh cr biz by March 2012 | 08-FEB-09 |
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| "Our premium growth over the period has been over 20 per cent each. This year we are targeting Rs 1,75,000 crore (total premium). At 20 per cent, means in three years time, it will increase to Rs 3,00,000 crore," LIC Chairman T S Vijayan said. |
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| LIC pegs new biz at Rs 57k cr; regain mkt share by March | 06-FEB-09 |
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| Having improved its product portfolio to take on competition from the private players, LIC, the country's largest life insurer, says it is confident it will regain its market share of over 60 per cent and earn new premium of Rs 57,000 crore by March. |
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| No hurry to divest stakes to below 10%: LIC | 26-JAN-09 |
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| Unwilling to divest in a hurry its holding in dividend-paying blue chip companies, LIC today asked insurance regulator Irda for guidance on how and by when it should comply with the regulation to cap an insurance firm’s exposure in individual firms at 10 per cent. |
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| LIC asks for easier investment norms | 06-SEP-08 |
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| Life Insurance Corporation of India (LIC) has asked the Insurance Regulatory & Development Authority (Irda) to allow it a shareholding of up to 20 per cent in a company. |
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| T S Vijayan likely to be LIC chairman | 07-APR-06 |
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| T S Vijayan is likely to take over as the chairman of Life Insurance Corporation (LIC) of India. Vijayan is at present managing director of the insurance major.
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| LIC to have a brand ambassador | 08-JUN-05 |
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| Life Insurance Corporation (LIC) is planning to rope in a brand ambassador to reposition the LIC brand. "We are planning to rope in a young brand ambassador to attract the new generation to buy |
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