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Searched Tag: lic

LIC eyes health insurance amid composite license talks

LIC eyes health insurance amid license talks

May 28, 2024, 02:32 PM - 2 min read

LIC chairman Siddhartha Mohanty announced plans for LIC to enter the health insurance segment, potentially exploring inorganic growth opportunities, as expectations rise for composite licensing in the insurance sector following a parliamentary panel's recommendation.

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The shares of Life Insurance Corporation of India(LIC) surged by 3 per cent following Prime Minister Modi’s remarks on the company’s resilience and it’s performance in its share market.

LIC shares hits 52-week high on strong Q3 show

February 9, 2024, 03:51 PM - 2 min read

PM Modi said that many rumours were spread about the largest life insurer in the past and yet the stock was trading at record high levels.

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