Life Insurance Corporation of India News, Corporate filings and Earnings/Conference Calls

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Life Insurance Corporation of India

07 Jan 2025

815.30

0.54%

Goa govt launches 'Bima Sakhi Yojana', CM urges all women to participate

Business Standard

Goa Chief Minister Pramod Sawant on Tuesday launched the 'Bima Sakhi Yojana' in the state with the aim of providing "insurance for all". With this, Goa became the second state after Haryana to launch this flagship scheme envisioned by Prime Minister Narendra Modi, a government release said. As per the central government's portal, the Bima Sakhi Yojana initiative of Life Insurance Corporation of India (LIC) is designed to empower women aged 18-70 years, who are Class X pass. They will receive specialised training and a stipend for the first three years to promote financial literacy and insurance awareness. After training, they can serve as LIC agents and the graduate Bima Sakhis will have the opportunity to qualify for being considered for development officer roles in LIC. After distributing the Bima Sakhi Yojana letters to the beneficiaries, CM Sawant said the scheme will not only give financial support to these women, but the role of a Bima Sakhi is going to be very significant...

Number of FII/FPI investors decreased from 180 to 138 in Dec 2024 qtr

Life Insurance Corporation of India

31 Dec 2024

815.30

0.54%

Company Update

Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Cessation

BSE India

this is to inform that Mr. Kumaresan P, Executive Director (Audit) & Chief Internal Auditor, Central Office, Mumbai, Key Management Personnel of the Life Insurance Corporation of India will be superannuating w.e.f. December 31, 2024.

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Life Insurance Corporation of India

31 Dec 2024

815.30

0.54%

Company Update

Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Cessation

BSE India

This is to inform that Ms. Aradhana Duggal, Executive Director (NB&R), Central Office, Mumbai, Senior Management Personnel of the Life Insurance Corporation of India will be superannuating w.e.f. December 31, 2024.

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Life Insurance Corporation of India

30 Dec 2024

815.30

0.54%

Company Update

Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Cessation

BSE India

This is to inform that Mr. Ajay Kumar, Zonal Manager (in-charge), Eastern Zone, Kolkata, Senior Management Personnel has taken voluntary retirement from the services of the Corporation.

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Life Insurance Corporation of India

27 Dec 2024

815.30

0.54%

SAST

Life Insurance Corporation of India - 543526 - Closure of Trading Window

BSE India

The trading window for dealing in shares of the Life Insurance Corporation of India shall remain closed for the Insiders from January 01, 2025 till 48 hours after teh conclusion of Board Meeting for consideration and approval of the Financial Results for the quarter and nine-month ending December 31, 2024.

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Life Insurance Corporation of India

27 Dec 2024

815.30

0.54%

LIFE INSURANCE CORPORATION OF INDIA

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Life Insurance Corpo.. has an average target of 1103.00 from 5 brokers.

Life Insurance Corporation of India

18 Dec 2024

815.30

0.54%

LIC has Rs 880 cr unclaimed by policyholders: How to check your status

Business Standard

372,282 policyholders have not claimed their maturity benefits, Parliament is told

Number of FII/FPI investors decreased from 180 to 138 in Dec 2024 qtr

Life Insurance Corporation of India

16 Dec 2024

815.30

0.54%

LIC Logs Jump In Unclaimed Maturity Amounts To Rs 881 Crore In FY24

NDTV Profit

A total of 3.72 lakh LIC policyholders failed to claim their maturity benefits during the fiscal.

Life Insurance Corporation of India is trading below its 100 day SMA of 846.1

LIC's unclaimed maturity amounts at Rs 881 cr in FY24: Govt tells LS

Business Standard | 16 Dec 2024 1 more

Life Insurance Corporation of India

16 Dec 2024

815.30

0.54%

Company Update

Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 (LODR) - Increase In …

BSE India

LICI has increase its Shareholding in equity shares of SRF Ltd. from 1,47,36,943 to 1,48,30,443 i.e. 4.97% to 5.00% of the paid up capital of the said Company.

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Life Insurance Corporation of India

13 Dec 2024

815.30

0.54%

LIC MF may consider IPO once AUM reaches Rs 1 trillion: MD RK Jha

Business Standard

LIC Mutual Fund might consider an IPO once its asset under management (AUM) reaches the Rs 1 lakh crore mark, which it was targeting by FY'26, a top official said on Friday. At present, LIC MF's AUM was around Rs 38,000 crore, a significant jump from Rs 16,526 crore in FY'23. "We have grown by 67 per cent in FY'24 and our current growth run rate is 30 per cent," LIC MF Asset Management Ltd MD and CEO RK Jha told PTI. He said the current equity contribution across all funds is 47 per cent, with debt accounting for the remaining 53. Institutional and corporate investors have put their money mostly in debt funds, while retail participation is skewed towards equity, he added. "We want retail or equity weightage to grow to 65-70 per cent when we hit Rs 1 lakh crore," he said, acknowledging the ambitious nature of the target with 15 months remaining. Jha said that to achieve it, LIC MF has taken several initiatives. Among them is expanding its offices by tapping the vast network of Lif