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The partnership underscores the shared commitment of both institutions to expand financial protection and strengthen insurance penetration across India.

RBL Bank and LIC join hands for bancassurance business

LIC Share Price: Life Insurance Corporation of India (LICI) shares continued to rise for the third session in a row on Wednesday, afer the life insurance PSU stated that it was in advanced discussions to acquire a substantial stake in a standalone health insurance company to broaden its footprint in the health insurance segment. Read on to learn about this news in detail.

LIC shares extend gains to 3rd day; PSU in talks to buy stake in standalone health insurer

The LIC surrender value is the amount policyholders receive when they stop paying the premiums and cancel the policy before its maturity date. The amount you receive when you surrender an LIC policy depends on the number of premiums you've paid and the term of the policy.&nbsp;

Want to revive your LIC policy? Here are steps you can take if you haven't paid policy premiums for up to 5 years

LIC shares drop nearly 4%&nbsp;as November premiums decline by 27%&nbsp;year-on-year. Investors weigh the insurer’s underperformance against plans to expand into health insurance and support for increased FDI.

LIC shares drop nearly 4% after November premium slump

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.

LIC agents earn Rs 10,328 a month in this state 

Public sector behemoth LIC listed on the bourses on May 17, 2022. As per Sebi norms, LIC was required to achieve 10 per cent public shareholding within 2 years of listing in the capital market.

LIC shares rally over 6%; mcap climbs Rs 37,159 crore

The insurance firm got a refund of Rs 21,740.77 crore the Income Tax Department for FY13 to FY20.&nbsp;The biggest PSU by market size is still talking to the Income Tax Department for the remaining money.

&nbsp;

LIC stock gets boost after PSU receives refund of Rs 21,740.77 crore from I-T department

Stock market news, share market today:&nbsp;With nearly 62.58 per cent of the new business market share in FY23, Life Insurance Corporation of India (LIC), the only public sector life insurer in the country, continued to be the market leader.

LIC hits 52-week high; stock has risen over 25% in a year

The LIC stock closed at Rs 833.30 on Friday evening before starting the trading session on Monday at Rs 831.95.&nbsp; The stock ended its trading session up by 3.01 per cent at Rs 858.35 on Monday.

As LIC hits a 52-week high, here are reasons why it can rise or fall in new year

Customer acquisition is done through three modes--agent, bancassurance and direct sale.LIC gets most of its new customers through its agents.&nbsp;

LIC exploring possibility of setting up fintech arm: Chairman 

Continuous efforts to meet the expectations of investors: Siddharth Mohanty, Chairman, LIC
How were LIC's results in Q1? Profit up 13x to ₹9544 crore. Premium income, VNB margin also increased. From where did the results get support? What is the growth outlook going forward?
Declaration of ₹3/share dividend

Mr. Siddhartha Mohanty, Chairperson, LIC In Talk With Zee Business

According to a domestic brokerage house Phillip Capital, life insurers' annual premium equivalent (APE) growth is expected to be muted in the quarter ended in March 2023.

LIC shares rise ahead of Q4 results today; here's what analysts expect

Life Insurance Corporation (LIC) shares were listed on stock exchanges NSE and BSE on May 17, 2022. The stock, following a mega IPO of the state-run life insurance giant, debuted on the bourses at a discount of eight per cent to the issue price. Here's a quick recap.

One Year of Listing: KEY HIGHLIGHTS AS LIC TURNS ONE ON D-STREET 

LIC shares were listed on stock exchanges NSE and BSE on May 17, 2022. The stock, following a mega IPO of the state-run life insurance giant, debuted on the bourses at a discount of eight per cent to the issue price. Here's a quick recap.&nbsp;

LIC completes one year in the listed space: Here's a recap of the PSU insurance giant's mega IPO

A year after Life Insurance Corporation (LIC) listed its shares on the stock exchanges, shares of the country's biggest insurer are still quoting at 40 per cent discount to the initial public offering (IPO) price of Rs 949 per share. LIC shares closed at Rs 567.40 on the BSE on Tuesday.

One Year Since IPO, LIC Share Has Fallen 40% From Listing Price

The insurance behemoth LIC is adapting to the trend that gave rise to digitalisation. Now, you can pay LIC premium online&nbsp;using the company's official websites or UPI applications, like Gpay and Paytm.

&nbsp;

LIC Online Payment: A step-by-step guide on how to pay LIC premium online

LIC Mitra: LIC Mitra allows users to know about LIC products, past premiums paid, upcoming premiums, policy maturity date and much more.

LIC Mitra: LIC ropes in CoRover to offer AI assistance to customers - Check features and other details 

LIC has informed that its debt exposure to Adani Group of Companies, was Rs 6,347.32 crore in December 2022 and Rs 6,182.64 crore on March 5, 2023. Of the total Rs 6,183 crore, LIC has an exposure of Rs 5,390 crore to APSEZ

LIC's debt exposure in Adani Group companies dips marginally to Rs 6,183 cr: FM Sitharaman

The appointment of Mohanty was cleared by the government, wherein he will hold the Chairman’s position for a period of three months, according to the exchange filing of LIC.

Govt appoints Siddhartha Mohanty as interim Chairman of LIC, MR Kumar term ends on Monday

The value of LIC's shareholding in the Adani Group stocks has risen by about Rs 9,000 crore since and at Friday's closing price, it stands at Rs 39,068.34 crore, according to information available on the stock exchanges.

Insurance behemoth LIC recoups losses as Adani Group stocks rise for 3rd session in a row

life-insurance-corporation

The partnership underscores the shared commitment of both institutions to expand financial protection and strengthen insurance penetration across India.

LIC Share Price: Life Insurance Corporation of India (LICI) shares continued to rise for the third session in a row on Wednesday, afer the life insurance PSU stated that it was in advanced discussions to acquire a substantial stake in a standalone health insurance company to broaden its footprint in the health insurance segment. Read on to learn about this news in detail.

The LIC surrender value is the amount policyholders receive when they stop paying the premiums and cancel the policy before its maturity date. The amount you receive when you surrender an LIC policy depends on the number of premiums you've paid and the term of the policy. 

LIC shares drop nearly 4% as November premiums decline by 27% year-on-year. Investors weigh the insurer’s underperformance against plans to expand into health insurance and support for increased FDI.

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.

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Life Insurance Corporation

RBL Bank and LIC join hands for bancassurance business

LIC shares extend gains to 3rd day; PSU in talks to buy stake in standalone health insurer

Want to revive your LIC policy? Here are steps you can take if you haven't paid policy premiums for up to 5 years

LIC shares drop nearly 4% after November premium slump

LIC agents earn Rs 10,328 a month in this state

LIC shares rally over 6%; mcap climbs Rs 37,159 crore

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