LIC posts 9 pc rise in Q1 net profit at Rs 10,544 crore
The government-owned insurer's net premium income rose 16 per cent to Rs 1.14 lakh crore in the first quarter of 2024-25 as compared to Rs 98,755 crore in the first quarter of 2023-24.
The government-owned insurer's net premium income rose 16 per cent to Rs 1.14 lakh crore in the first quarter of 2024-25 as compared to Rs 98,755 crore in the first quarter of 2023-24.
The offices of the Life Insurance Corporation of India (LIC) in Bangladesh will remain closed till August 7 due to the political unrest in the neighbouring country, the company said on Monday.
Tata Consultancy Services (TCS) and Life Insurance Corporation of India emerged as the biggest gainers.
In the last week (May 20-24), nine of the top-10 most-valued firms together added Rs 1,85,320.49 crore in market valuation.
The LIC is grateful to all its policyholders and stakeholders who have reposed their faith in LIC for almost seven decades, the LIC said in a statement.
"The Unique Identification Number (UIN) for LIC’s Jeevan Utsav Plan is 512N363V01," said the LIC in a statement.
The India’s largest insurer posted a profit after tax of 79.25 billion Indian rupees ($951.41 million) for the quarter ended Sept 30, compared to 159.52 billion rupees a year ago.
Life Insurance Corporation of India (LIC) has been sent a Goods and Services Tax demand of over Rs 290 crore,…
"Beginning with an initial capital of Rs 5 crore in 1956, the LIC as on March 31, 2023 has Assets Under Management (AUM) of Rs 43,97,205 crore," the LIC said in a statement.
The Life Insurance Corporation of India (LIC) celebrated its 67th anniversary on Thursday. On the occasion, the LIC has floated…