LIC
LIC To Take Legal Action Against ACESO Over Policy 'Trading'
LIC | Aug 14, 2024LIC argued that such trading practices violate the core purpose, to protect policyholders, of insurance.
Finance Ministry Grants 17% Wage Increase For 1.1 Lakh LIC Employees
Business | May 02, 2024The Finance Ministry has officially notified a wage revision effective from August 1, 2022, for over 1.1 lakh employees of the Life I..
LIC Employee Who Traded In Dead Father's Demat Account Fired
Business | Mar 20, 2024The Life Insurance Corporation of India (LIC) has fired an employee who traded in his dead father’s demat ac..
LIC Regains Status Of Most-Valued PSU Outperforming SBI
Business | Jan 17, 2024Life Insurance Corporation of India (LIC) regained its position as the most-valued listed Public Sector Undertaking (PSU), outperform..
Non-Banking Assets: LIC Moves Up In Insurer Rankings
Business | Jan 03, 2024The Life Insurance Corporation of India (LIC) recently ranked 12th in AM Best"s rankings of insurers in terms of non-bank assets. LIC..
LIC Agents, Employees To Get Increased Gratuity Limit, 30% Uniform Rate Of Family Pension
Business | Sep 18, 2023The government has decided to increase incentives for Life Insurance Corporation of India (LIC) agents and employees, including an in..
