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

Keep track of all breaking news and updates on Life Insurance Corporation of India from all sources in a single place.

20 Mar 2025, 04:26PM

779.50

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LIC counters Rahul Gandhi, says it's committed to policyholders, agents

Business Standard

Refuting claims of Leader of Opposition Rahul Gandhi, Life Insurance Corporation of India (LIC) has said that it remains dedicated to providing financial security to its policyholders, while also supporting the well-being of its agents. The clarification came a day after some of the LIC agents met the Leader of Opposition and raised certain issues regarding recent changes in rules by IRDAI and LIC, which make insurance less affordable for the poorest and most marginalised communities and weaken the position of agents. "We want to clarify that LIC has introduced products that align with the New Product Regulations set by Irdai, effective from October 1, 2024, keeping policyholders' interests at the forefront," LIC CEO & MD Siddhartha Mohanty said in a statement. LIC has consistently focused on reaching rural areas and economically and socially disadvantaged sections as it is committed to broadening life insurance coverage, he said. "Our aim is to extend financial protection to...

Life Insurance Corporation of India is trading below its 50 day SMA of 795.2

LIC refutes Rahul Gandhi's claim, says new rules won't hurt agents or the poor

Business Line | 20 Mar 2025, 12:48PM

Life Insurance Corporation of India

19 Mar 2025, 02:50PM

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Rahul meets LIC agents, vows to raise issue of costly insurance for poor

Business Standard

Leader of Opposition Rahul Gandhi met a delegation of LIC agents on Wednesday during which they raised concerns regarding recent changes in rules which make insurance less affordable for the poorest and most marginalised communities and weaken the position of agents. Gandhi asserted that the LIC was formed in 1956 with the aim to provide affordable insurance to all Indians and said he will raise this issue in Parliament to ensure the inclusive vision of the LIC is protected. Gandhi met the delegation at his office in Parliament House complex. "I met a delegation of LIC agents from around the country at Parliament House. They spoke candidly about their concerns regarding recent changes in rules by IRDAI and LIC, which make insurance less affordable for the poorest and most marginalised communities and weaken the position of agents," the former Congress president said in a post on his WhatsApp channel. "When LIC was formed in 1956, the aim was to provide affordable insurance to all .

Life Insurance Corporation of India is trading above its 30 day SMA of 769.5

LIC gains 3% in advance talks with a standalone health insurance company

Business Standard | 19 Mar 2025, 12:08PM 4 more

Life Insurance Corporation of India

18 Mar 2025

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Company Update

Life Insurance Corporation of India - 543526 - Announcement Under Regulation 30 Of SEBI (LODR) - …

BSE India

Clarification on news in the various mainstream media on March 18, 2025 regarding ''LIC looking to enter health insurance business''

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Life Insurance Corporation of India

17 Mar 2025

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0.35%

Company Update

Life Insurance Corporation of India - 543526 - Announcement under Regulation 30 (LODR)-Change in Management

BSE India

This is to inform that based on the recommendation of Nomination & Remuneration Committee, the Board of Directors in their meeting held today, i.e., March 17, 2025 has approved the appointment of Shri Shatmanyu Shrivastava as Chief Risk Officer (Key Managerial Personnel) of the Life Insurance Corporation of India.

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Life Insurance Corporation of India

17 Mar 2025

779.50

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Beware! LIC warns customers against fraudulent calls, fake claims

Business Standard

Country's largest insurance company urges customers to avoid divulging sensitive policy or banking details in response to unsolicited communications

Life Insurance Corporation of India has lost -22.09% in the last 6 Months

Life Insurance Corporation of India

12 Mar 2025

779.50

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LIC slips 3% as reports suggest govt to sell 2-3% stake; NBP falls 22% YoY

Business Standard

The government's stake sale aligns with its plan to meet the regulatory requirement of a 10 per cent public shareholding by 2027

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

Govt is planning to sell 2-3% LIC stake in FY26, may seek extension

Business Standard | 12 Mar 2025

Life Insurance Corporation of India

11 Mar 2025

779.50

0.35%

Life insurers' new business premium growth drops 11.6% in February

Business Standard

LIC's weak performance drags overall premium growth of the segment

Life Insurance Corporation of India is trading below its 50 day SMA of 795.2

Life Insurance Corporation of India

11 Mar 2025

779.50

0.35%

LIC loses 965 crore as IndusInd Bank share price crashes 27% to nearly 5-year low

livemint

IndusInd Bank's shares plummeted 27% due to accounting discrepancies, costing LIC nearly 1,000 crore. The bank's internal review indicated a 2.35% impact on net worth, leading to downgrades from several brokerages and a potential loss in Q4FY25.

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

Life Insurance Corporation of India

10 Mar 2025

779.50

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Government seeks best hands for LIC FPO; says firm steps being taken

Business Today

Timing of LIC's stake sale would be decided based on right market conditions.

Life Insurance Corporation of India is trading below its 50 day SMA of 795.2

Life Insurance Corporation of India

09 Mar 2025

779.50

0.35%

Halt disinvestment of Govt and LIC's equity in IDBI to private entities: AIBOA

Business Line

Proposed dilution of Govt stake in five public sector banks should be shelved and implementation of 5-day week in the banking industry are some of the demands raised in the two-day strike notice