Business Standard

Page 15 - Life Insurance Corporation

LIC pays Rs 2,611 cr dividend to govt, generated Rs 53,214.41 cr in 2018-19

LIC Chairman M R Kumar handed over the cheque to Finance Minister Nirmala Sitharaman in presence of Finance Secretary Rajiv Kumar and Special Secretary Debasish Panda

LIC pays Rs 2,611 cr dividend to govt, generated Rs 53,214.41 cr in 2018-19
Updated On : 27 Dec 2019 | 8:27 PM IST

Yield on LIC's investment portfolio slipped to 8-year low of 7.59% in FY19

The data suggests that the decline in yield is largely due to slower growth in net income from investment compared to the growth in the insurer's investment portfolio

Yield on LIC's investment portfolio slipped to 8-year low of 7.59% in FY19
Updated On : 27 Dec 2019 | 11:41 AM IST

LIC woos millennials with upgraded website, better customer service

Online upgrade, push to agency and alternate channels has helped it increase market share

LIC woos millennials with upgraded website, better customer service
Updated On : 10 Dec 2019 | 9:38 PM IST

Robust outlook for life insurance companies but valuations extremely pricey

Good growth in high-margin products, persistency and reach augur well; risk-averse investors could buy the dips

Robust outlook for life insurance companies but valuations extremely pricey
Updated On : 18 Nov 2019 | 1:44 AM IST

PFS to raise Rs 500 cr in equity; looks to bring down gross NPA under 4%

The company has also become the first NBFC to avail of the RBI's credit enhancement scheme by raising Rs 250 crore in bonds from LIC

PFS to raise Rs 500 cr in equity; looks to bring down gross NPA under 4%
Updated On : 11 Nov 2019 | 11:56 PM IST

PNB Housing Finance raises Rs 2,500 cr from LIC via NCD, its 2nd this year

The first issuance of NCDs of Rs 500 crore was subscribed by a foreign bank

PNB Housing Finance raises Rs 2,500 cr from LIC via NCD, its 2nd this year
Updated On : 07 Nov 2019 | 10:46 PM IST

PNB Housing Finance raises Rs 2,500 crore from LIC through bond sale

This issuance is through private placement basis with a door-to-door tenure of 10 years, and the proceeds will be utilised by the company for its normal course of business operations

PNB Housing Finance raises Rs 2,500 crore from LIC through bond sale
Updated On : 07 Nov 2019 | 2:19 PM IST

Explained: Why life insurance is a must for stay-at-home housewives, too

The spouse's economic value can be arrived at by estimating the cost of outsourcing such services

Explained: Why life insurance is a must for stay-at-home housewives, too
Updated On : 05 Nov 2019 | 12:49 AM IST

LIC allows policyholders to revive lapsed policies of over 2 years

The policies that have lapsed for more than two years and were not allowed to be revived earlier can also be revived now, LIC said in a statement.

LIC allows policyholders to revive lapsed policies of over 2 years
Updated On : 04 Nov 2019 | 11:18 PM IST

LIC Assistant Admit Card 2019 released on licindia.in: Link to download

The LIC assistant prelim exam admit card or the LIC assistant exam hall ticket can be downloaded till October 31

LIC Assistant Admit Card 2019 released on licindia.in: Link to download
Updated On : 16 Oct 2019 | 2:56 PM IST

LIC ADO Main Result 2019 released on licindia.in: Steps to download

Life Insurance Corporation (LIC) has released the LIC ADO Mains Result 2019 at licindia.in; steps to check

LIC ADO Main Result 2019 released on licindia.in: Steps to download
Updated On : 16 Oct 2019 | 12:11 PM IST

LIC AAO Result 2019 announced: Check LIC AAO Final Result on licindia.in

LIC AAO final result: LIC has released the final list of candidates who have cleared the interview round and will next appear for the pre-recruitment medical examination

LIC AAO Result 2019 announced: Check LIC AAO Final Result on licindia.in
Updated On : 02 Oct 2019 | 1:07 PM IST

Private sector's share in LIC's portfolio plunges to 16-year low

Public sector's share in portfolio stands at third-highest level since liberalisation

Private sector's share in LIC's portfolio plunges to 16-year low
Updated On : 25 Sep 2019 | 10:16 PM IST

LIC's investment in the private sector lowest in 16 years at 14.6%

Meanwhile, the public sector's share of total investments is at its third highest since liberalisation

LIC's investment in the private sector lowest in 16 years at 14.6%
Updated On : 24 Sep 2019 | 11:38 AM IST

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date

All government job seekers can apply for LIC assistant posts 2019 on licindia.in as October 1 is the last date for registration

LIC Assistant Recruitment 2019: 8000 posts at licindia.in, Oct 1 last date
Updated On : 18 Sep 2019 | 9:36 AM IST

LIC equity kitty takes Rs 57,000 crore hit in Q2FY20 amid market weakness

As of the June quarter, the value of insurer's holdings in listed companies stood at Rs 5.43 trillion

LIC equity kitty takes Rs 57,000 crore hit in Q2FY20 amid market weakness
Updated On : 17 Sep 2019 | 8:23 AM IST

From DHFL to Gammon India, here're LIC's exposure to default-rated debts

LIC has an exposure of Rs 1,570 crore which have been downgraded to junk category

From DHFL to Gammon India, here're LIC's exposure to default-rated debts
Updated On : 27 Aug 2019 | 11:14 PM IST

LIC HFL hiring 2019 for 300 Assistant, Associate, Assistant Manager posts

Visit the official website of LIC Housing Finance to know more

LIC HFL hiring 2019 for 300 Assistant, Associate, Assistant Manager posts
Updated On : 10 Aug 2019 | 6:10 PM IST

LIC ADO prelims result 2019 and LIC AAO main result 2019 out on licindia.in

The LIC ADO and LIC AAO online recruitment examinations were conducted from July 6th to July 13th

LIC ADO prelims result 2019 and LIC AAO main result 2019 out on licindia.in
Updated On : 30 Jul 2019 | 2:57 PM IST

LIC offering Rs 1.25 trillion by 2024 for highway projects, says Gadkari

The Minister said that the line of credit will be used to fund the ambitious Bharatmala project, the revised cost of which has reached Rs 8.41 trillion

LIC offering Rs 1.25 trillion by 2024 for highway projects, says Gadkari
Updated On : 21 Jul 2019 | 1:08 PM IST