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Browsing: LIC
Following the tragic Ahmedabad plane crash, major Indian insurers have introduced special measures to expedite claim settlements for the victims’ families.
State-owned Life Insurance Corporation plans to increase focus on high-margin non-par products after strong Q4FY25 profit growth
State-owned Life Insurance Corporation of India achieves Guinness World Record for highest number of life insurance policies sold in 24 hours
Government-owned Life Insurance Corporation of India achieves record with 588,107 policies sold on January 20, 2025
Life Insurance Corporation of India achieves Guinness World Record by selling 5,88,107 policies on January 20, 2025
Life Insurance Corporation of India achieves Guinness World Record for most life insurance policies sold in 24 hours with 5,88,107 policies issued on January 20, 2025
LIC achieves Guinness World Record with 5,88,107 life insurance policies sold in 24 hours by 4,52,839 agents across India on January 20.
Life Insurance Corporation of India sets new record by selling 5,88,107 policies across India on January 20, 2025
India’s largest insurer, Life Insurance Corporation of India (LIC), is considering acquiring a stake in a health insurance company before the end of March, according to CEO Siddhartha Mohanty.
The life insurance industry in India experienced robust growth, with assets under management (AUM) reaching Rs. 62 lakh crore in March 2024. This represents a significant increase from Rs. 55 lakh crore in March 2023, according to data from the Insurance Regulatory and Development Authority of India (IRDAI).