Thu, Apr 18, 2024
Even accounting for consistent 3x company-level growth in non-par products, VNB margins on new business are likely to remain below that of private peers by FY30. Similarly, operating returnson EV will trail the private industry, even if it enhances dividend payouts in the medium term, the brokerage held.
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Mon, Apr 15, 2024
To borrow money against your life insurance, you must have a policy with cash value, which is often found in permanent life insurance policies. Term life insurance is ineffective in this situation since it has no monetary value. The reason you need adequate cash value in your life insurance is to utilise it as collateral for a loan.
Sun, Apr 07, 2024
Six companies from the top 10 pack took a Rs 78,127.48 crore hit to their market valuation with index major Reliance Industries accounting for the majority of the losses.
Thu, Feb 17, 2022
As the historic event of the LIC IPO is nearing, market interest in the issue has been increasing.
LIC IPO: The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit the D-street in March and employees and policy holders of the insurance behemoth would get a discount over the floor price.
So, how to check if you policy and PAN are linked and what is the PAN availability status in LIC Policy? Here is direct link and step-by-step guide:-
Wed, Feb 16, 2022
As per the Draft Red Herring Prospectus (DRHP) filed by the Life Insurance Corporation of India (LIC), the unclaimed amount was at Rs 18,495 crore at the end of March 2021 and Rs 16,052.65 crore at the end of March 2020
LIC IPO: How policyholders can update PAN to be able to apply under quota - Direct link and step by step guide.
Tue, Feb 15, 2022
Any additional fund infusion by LIC in its associate IDBI Bank may have an adverse effect on the financial condition of the insurance behemoth, according to the recently filed Draft Red Herring Prospectus (DRHP)
Amid the much-anticipated launch of LIC IPO, questions are rife from LIC employees and policyholders about whether there will be any reservation, discount for them?
Mon, Feb 14, 2022
Today in Aapki Khabar Aapka Fayda, know how LIC's mega IPO is going to give big gifts to LIC insurers. Also know whether this new IPO of LIC will really prove to be a game changer.
Fri, Feb 11, 2022
The insurance behemoth has issued a detailed press release in this regard. Here are top things a LIC policyholders must know in order to revive the lapse LIC policy:-
Tue, Feb 08, 2022
LIC IPO: The central government is expected to file draft papers for the mega IPO of LIC with market regulator Sebi this month.
Tue, Feb 01, 2022
Finnace Minister Nirmala Sitharaman today said that the Initial Pubic Offering of Life Inusrance Corporation of India (LIC) will likley be soon the Finance Minsiter Nirmala Sithraman today said while announcing the Uion Budget 2022.
Thu, Jan 27, 2022
LIC IPO is crucial for meeting the disinvestment target set for the current fiscal ending March 2022.
Fri, Jan 07, 2022
Finance Minister Nirmala Sitharaman has taken a review meeting on the IPO of state-run insurer LIC. The meeting was attended by DIPAM Secretary Tuhin Kant Pandey along with senior officials of Ministry of Finance and the LIC
Tue, Jan 04, 2022
LIC is the largest asset manager in India with Rs 36.7 trillion AUM. LIC's AUM on a standalone basis was equal to 18 per cent of India's GDP for FY21.
Wed, Dec 29, 2021
"With an intention to become a tech-driven life insurer, LIC will offer information regarding its products and services through kiosks installed in the premises,? the insurer said in a statement on Wednesday
Mon, Nov 29, 2021
The total new business premium of domestic life insurance companies is likely to grow 14 per cent to Rs 3.18 lakh crore in the current financial year, domestic rating agency Icra said in a report Monday.
Sat, Nov 13, 2021
LIC’s New Children’s Money Back Plan is non-linked, with profits, regular premium payment money back plan specially designed to meet various financial needs of children through Survival Benefits
Tue, Nov 09, 2021
On the other hand, the private insurers have insured about 1.81 crore individuals under their group insurance schemes.
Wed, Oct 13, 2021
As per the information provided by LIC, Jeevan Shiromani is a limited premium payment money back life insurance plan with minimum basic sum assured of Rs 1 crore especially designed for targeted segment of high net-worth individuals.
Wed, Oct 06, 2021
Foreign participation would be allowed as per the listing norms of the Securities and Exchange Board of India (SEBI) and the extant sectoral FDI guidelines
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