Page 38 - Lic

LIC clocks Rs 16k-cr profit through equity investments in April-Dec 2016

Chairman V K Sharma expects Rs 35,000 cr in new business premium by March-end

Life insurers' first-year premium up 28% in January

There are 24 life insurers in the country, of which only one LIC, is state-owned.

Hemant Bhargava appointed as LIC managing director

He has been appointed by the Appointments Committee of the Cabinet

Hemant Bhargava appointed as LIC's MD

The top LIC management consists of the chairman and three managing directors

LIC hikes gratuity to Rs 3 lakh to retain fleeing agents

So far, the corporation has added 45,000 agents on a net basis this year

LIC HF: Loans against property prop up show

However, margins may not sustain amid rising competition and stable bond yields

V K Sharma appointed LIC chief for 5 years

Sharma served as LIC's MD since November 2013; S K Roy, previous chairman, resigned in June, nearly 2 years ahead of his retirement

LIC hikes stake in Bata to 7.05%

LIC had 5.02 per cent stake in Bata India earlier

Demonetisation: LIC extends grace period for premium payment

Renewal premium of policies, where grace period ends between November 9 and 30, can now be paid without penal interest if payment is made before November 30

Value of LIC's holding rises 4% in Sept quarter

Though the rise in valuation was in line with the rise in the benchmark indices, LIC has underperformed the broader market

Govt's disinvestment lifeline: LIC of India

State-run insurer has been the biggest subscriber of all three government stake sales this financial year

LIC buys over 50% of NBCC shares, invests Rs 1,200 cr

LIC's stake in the state-run construction firm has gone up to 8.11% following its participation in NBCC

LIC loses 20% agents in six years

The number of active LIC agents as on March 31, 2016, was 1,018,039 against 1,081,495 on a year-on-year basis

LIC turns white knight for PSB capital infusion

UCO Bank said that it would sell 71.7 million shares to LIC on a preferential basis, which could fetch about Rs 270 crore to the bank

LIC unveils new money-back plan to mark diamond jubilee

Plan is available for sale until August 31, 2017

V K Sharma gets additional charge as LIC chairman

Few months ago, current chairman S K Roy had written to the government to relieve him of his duties; reason remains unknown

Investment tracker

The Life Insurance Corporation of India (LIC) has seen a big rise in its infrastructure and social sector investments in the past three years

LIC IPO: An idea whose time has not come

More than the regulatory changes the government will have to overcome, it will need to consider LIC's returns and valuation

LIC would be most valuable company in India, if listed: FM

LIC handed over a dividend of Rs 2,501.76 crore to the government for 2015-16

LIC eyes Rs 5,000 crore from current financial year

LIC had 100% growth till August said Zonal manager of LIC K S Nagnyal