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After the Air India crash, LIC and Bajaj Allianz have eased claim rules and are speeding up settlements for victims’ families. LIC accepts government proof instead of death certificates, and both insurers have simplified processes to quickly support affected claimants

India’s top public sector companies in the financial, power and energy sectors have recorded a robust growth in profit during the January-March quarter of 2024-25

LIC surged nearly 9 per cent after the firm posted a 38 per cent increase in net profit in the fourth quarter ended March 2025

Life Insurance Corporation of India said it has earned a Guinness World Record title for most life insurance policies sold in 24 hours

Mumbai: Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949. At 1.27 pm on the BSE, Life Insurance Corporation of India’s share was trading 2.01 per cent down at Rs 784.15. […]

New Delhi: The filing of a draft red herring prospectus (DRHP) by Life Insurance Corporation of India (LIC) has created a “positive buzz in the air” and the public issue will be a very positive development in the history of the country’s largest insurer, Union Finance Minister Nirmala Sitharaman said on Monday. Addressing a media […]

Chennai: Government owned Life Insurance Corporation of India (LIC) was far ahead of the 23-member private life insurer’s club in terms of the number of individual lives covered last month. On the other hand, the private insurers have insured about 1.81 crore individuals under their group insurance schemes. According to the Insurance Regulatory and Development […]

The government will remain the majority shareholder and will continue to retain management control, safeguarding the interest of policyholders.

Post completion of the buyback, where the company will buy shares and extinguish them, Tata Sons will hold 72.16 per cent of TCS.