The Latest Breaking News from Life Insurance Corporation

LIC IPO set to be delayed to next fiscal year

NEW DELHI: The mega initial public offering (IPO) of Life Insurance Corporation (LIC) of India is set to be delayed into the next financial year amid market swings triggered by Russia’s invasion of Ukraine, people with knowledge of the matter said.

The Times of India · Mar 4, 2022

LIC wants to remain IDBI Bank shareholder for bancassurance gain

NEW DELHI: IPO-bound Life Insurance Corporation (LIC) on Monday said it would like to retain some stake in IDBI Bank so that the insurer continues to reap the benefits of the bancassurance channel.

The Times of India · Feb 21, 2022

LIC sees dip in policy issuance due to pandemic

NEW DELHI: Life Insurance Corporation (LIC) has disclosed that the total number of individual and group policies has witnessed a decline due to the Covid-19 pandemic.

The Times of India · Feb 16, 2022