Sunil Agrawal has been appointed as the Chief Financial Officer (CFO) of the Life Insurance Corporation (LIC) on contractual basis. Prior to this, he was serving as the CFO of Reliance Nippon Life Insurance for over 12 years. Central government is counting on LIC’s IPO to help bridge the gaping budget deficit by the end of this month and hopes […]
As per a brand valuation report released by Brand Finance, Life Insurance Corporation has been ranked at 10th in the list of insurance brands globally. Ping An Insurance of China is at the top. Life Insurance Corporation, which is bound for the nation’s largest share sale by March, is the strongest and the largest brand in the country with
LIC ranked 10th most valued insurance brand globally: Brand Finance Read More »
LIC has introduced new Dhan Rekha plan with effect from December 13, 2021. LIC’s Dhan Rekha is a non-linked, non-participating, individual savings life insurance plan. The plan has unique offerings. There are special premium rates for female lives, and the plan is allowed to the third gender. Sum assured: 2,00,000. Maximum amount: Nil Survival benefits: 20 years- 10% of Basic Sum
Life Insurance Corporation of India rolls out Dhan Rekha plan Read More »
The government has appointed ten merchant bankers including SBI Capital Market Limited, Goldman Sachs (India) Securities, Citigroup Global Markets India and Nomura Financial Advisory and Securities India to manage the Initial Public Offering, IPO of Life Insurance Corporation of India, LIC. The IPO of LIC is likely to be launched in the January-March quarter of
Govt appoints 10 merchant bankers for managing IPO of LIC Read More »
