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.
Nodal officers have been nominated at Divisional level to liaison with Chief/Secretary/Officer concerned of the State Government in this regard.
Pradhan Mantri Jeevan Jyoti Bima Yojana
The party has also demanded a Supreme Court monitored time-bound probe into the matter.
Since, FM presented the Budget on February 1, there has been no business in Parliament because of the continued logjam over the Adani issue.
This plan provides financial support for the family in case of unfortunate death of the life assured during the policy term. It also provides a guaranteed lump sum amount on the date of maturity for the surviving life assured.