Life insurance policy share of private insurers in rural areas fell in FY24
LIC share of rural policies more than double in FY24; ULIPs see increased demand in urban areas20-08-2024
20-08-2024
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- GST Litigation - Delhi State
This is to inform that the LICI has received communication/demand order for GST, Interest and Penalty for Delhi State. the order is appealable before the Commissioner (Appeals), Delhi Division.20-08-2024
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR)- GST Litigation
This is to inform that LICI has received communication/demand order for Goods & Service Tax, Interest and Penalty for Uttarakhand State. The order is appealable before Commissioner (Appeals), Uttarakhand Division.19-08-2024
LIC Offloads 2.09% Stake In Hindustan Copper For Rs 447 Crore
India's largest life insurer's stake in the company decreased from 7.90 crore shares to 5.88 crore shares.19-08-2024
Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Earning Call Transcript of Life Insurance Corporation of India with Analyst/Investors held on August 09, 2024.19-08-2024
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR) - Sale Of Shares In Hindustan Copper Ltd.
This is to inform that LICI has decreased its shareholding in equity shares of Hindustan Copper Ltd. from 7,90,11,485 to 5,88,48,803 i.e. 8.171% to 6.086% of the paid up capital of the said Company.19-08-2024
LIC agents earn Rs 10k a month in HP, Rs 20k/month in Andaman & Nicobar
LIC agents on an average earn Rs 10,328 per month in Himachal Pradesh, the lowest among the insurer's agents in all states and UTs. According to data provided by LIC to the Finance Ministry, the average monthly income was the highest at Rs 20,446 a month for LIC agents in the Andaman & Nicobar Islands. In terms of the number of agents, Life Insurance Corporation (LIC) has the lowest number of agents at 273 in the Andaman & Nicobar Islands. Himachal Pradesh has 12,731 agents. The PSU life insurer had 13,90,920 agents across the country, according to the data. Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887. Maharashtra had more than 1.61 lakh LIC agents with an average monthly income of Rs 14,931. West Bengal had the third-highest number of LIC agents at 1,19,975 with an average monthly income of Rs 13,512. In Tamil Nadu, there were 87,347 agents with an average monthly income of Rs...18-08-2024
LIC's refusal to assign policies to ACESO will be contempt of court: Mehta
Established in 2018, ACESO monetises the assets of LIC policyholders to ensure maximum financial benefits, especially in cases where the policies are surrendered or lapsed14-08-2024
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - Intimation Of Analyst / Institutional Investor Meet / Conference
This is to infrom that the Life Insurance Corporation of India will be participating in the 20th Annual Global Investor Conference (AGIC) organized by Motilal Oswal Financial Services Ltd. on August 21, 2024 at Grand Hyatt, Mumbai, India.14-08-2024
Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR) : Sale Of Shares In Voltas Ltd.
This is to inform that the LICI has decreased its shareholding in equity shares of Voltas Ltd. from 22,685,279 to 15,731,283 of the paid-up capital of the said Company.13-08-2024