Tag Archives: life insurance corporation

Indian law firms reluctant to advise on IPO of insurance giant LIC: Sources

India’s plans to list state-run Life Insurance Corporation (LIC) face an unusual problem: domestic law firms are shying away from advising the government, deterred by the low fees on offer at the time of a lucrative boom in corporate stock … Continue reading

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Advertisers use kids to sway big decisions

NEW DELHI: Children are breaking new grounds in advertising. After selling milk drinks and detergents to mostly mothers for years, the young ones are now trying to influence big investments of decision makers at home and in business. Children play … Continue reading

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LIC’s first-year premium income jumps 13.5% to record Rs 1.34 lakh crore in FY18

National insurer Life Insurance Corporation has registered a 13.46 per cent rise in first-year premium (FYP) income, collecting an all-time high income of Rs 1,34,551.68 crore in FY18, and ending the year with a market share of 69.40 per cent, … Continue reading

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Massive drop in LIC’s individual biz caps industry growth in January at 8 pc

Mumbai: A massive 45 per cent plunge in Life Insurance Corporation’s (LIC) inpidual annual premium equivalent (APE) in January capped the industry growth at 8 per cent for the month, according to a report. Industry leader LIC saw its inpidual … Continue reading

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LIC eyes sale of 2.5 cr individual policies, Rs 55,000 cr in premium collection for FY’20

Mumbai: State-run life insurer LIC is hopeful of crossing its fiscal target of selling over 2.5 crore inpidual policies and a premium collection of more than Rs 55,000 crore before March 31, 2020. This is 17 per cent growth in … Continue reading

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NBFCs may rejig businesses as loan disbursements fall

Mumbai: NBFC disbursements slowed for the first time in more than a decade when a credit crunch, in the immediate aftermath of the Lehman Brothers collapse, triggered a global liquidity crisis. The decline could help them readjust business models now … Continue reading

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PFRDA chief wants a fix on startup valuations before using pension money to fund them

The pension regulator on Tuesday said the issue of valuations needs to be addressed before pension money can flow into startups. “Apart from the risk element that is involved there are certain other issues, valuation is a huge issue, because … Continue reading

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debt markets | Top-rated companies flock to debt market with CPs

Commercial paper sales are showing tentative signs of revival, with top-rated companies flocking back to the primary market. Daily primary CP volumes were Rs 12,060 crore on Tuesday, show data from the Clearing Corporation of India that provides statistics based … Continue reading

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