LIC refutes claims that it wants to acquire private health insurer
The development comes days after LIC Chairman Siddhartha Mohanty talked about exploring inorganic options for the company's new initiative.14-06-2024
14-06-2024
Life Insurance Corporation of India - 543526 - Rumour verification - Regulation 30(11)
This is with reference to the news item published/broadcasted in mainstream media on June 14, 2024 regarding ''LIC to enter health insurance market via private health insurer''. In this regard, pursuant to Regulation 30(11) of the Listing Regulations, we hereby clarify that at present, no such formal proposal has been initiated. However, the Life Insurance Corporation of India evaluates and explores various strategic opportunities in the ordinary course and also inorganic options for growth and expansion of its business, including strategic partnerships and investment opportunities.14-06-2024
LIC rallies 6% on heavy volumes; stock inches towards record high
The stock hit an intra-day high of Rs 1,062.60 on Friday, and has bounced back 21 per cent from last week's low of Rs 880.70 touched on June 4.14-06-2024
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Increase In Shareholding In Dr. Reddy''s Laboratories Limited
This is to inform that Life Insurance Corporation of India has increased its shareholding in Dr. Reddy''s Laboratories Limited ("company") from 82,61,579 to 83,69,879 equity shares, i.e., 4.95% to 5.01% of the paid-up capital of the said company.13-06-2024
LIC logs 46.35% growth in premium across all categories
26 private sector life insurers collectively report 12.62 per cent growth in premium10-06-2024
LIC Directed To Pay Rs 2 Lakh Claim To Widow By Consumer Commission
In the complaint, the deceased man's wife said her husband had taken an LIC policy of Rs 2 lakh, and in December 2012, he died of a heart attack at a hospital while undergoing an angioplasty.07-06-2024
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015
This is to inform that Dubai branch of one of the subsidiary of Life Insurance Corporation of India has received a notice from Federal Tax Authority, UAE regarding imposition of administrative penalty. The appeal has been filed against this notice and reply is awaited from the Authority.07-06-2024
Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
We have enclosed herewith the Transcript of Earnings Conference Call of Life Insurance Corporation of India with Analysts / Investors held on May 28, 2024.03-06-2024
LIC's Adani Portfolio Soars By 63% In A Year
The market capitalisation of Adani Group stocks soared by as much as Rs 2 lakh crore, significantly bolstering the value of LIC's holdings in the group.03-06-2024
LIC Policyholders Benefit From ACESO's New ALIP Solution
The consideration is typically expedited within 48 hours upon completion of all necessary documentation, it said.01-06-2024