10 stories found
An Indian consumer forum has ruled that Life Insurance Corporation (LIC) must pay Rs 15 lakh to a deceased policyholder’s son, condemning the insurer’s previous rejection of the claim as unjustified.
The Centre has disclosed the latest figures regarding unclaimed money currently held with the Life Insurance Corporation (LIC) and the Employees' Provident Fund Organisation (EPFO).
The High Court has upheld a directive mandating employees of the Life Insurance Corporation (LIC) to undertake census duties. This decision confirms the legal obligation for their participation in the national census.
Life Insurance Corporation (LIC) has laid the foundation stone for a new investment building in Mohali, marking a significant development after 18 years.
India has increased the size of its share sale in the state-run insurance giant, Life Insurance Corporation (LIC), to $3.3 billion after the initial offer was oversubscribed. This move is expected to bolster public finances, especially in the face of challenges posed by high oil prices.
An Indian court has instructed the Life Insurance Corporation (LIC) to pay Rs 8.5 lakh to the mother of a 'murdered' man, dismissing the insurer's demand for a death decree as absurd.
India is said to be preparing for a significant stake sale in the Life Insurance Corporation (LIC) next month, aiming to raise approximately $1 billion.
The Indian government plans to sell up to a 6.5% stake in Life Insurance Corporation (LIC), the country's largest life insurer, at a 10% discount. This move is expected to raise between $1.3 billion and $3.3 billion (over Rs 30,000 crore).
An Indian consumer won Rs 20,000 after the Life Insurance Corporation (LIC) sought Rs 83,000 in 'arrears' from them, 11 years after payments had been made.
Life Insurance Corporation (LIC) announced a 23 percent rise in its profit for the fourth quarter of fiscal year 2026, indicating strong financial performance.