[ad_1] Life Insurance Corporation (LIC) of India has gained almost 4.5 percentage points market share in the current financial year (2022-23, or FY23) in new business premium (NBP) from private players, mainly on account of robust growth in its group business segment. According to the latest data released by the insurance regulator […]
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[ad_1] State-owned Life Insurance Corporation (LIC) reported a multifold increase in net profit during July–September (Q2) of FY23. This is due to a change in its accounting policy, wherein it has transferred Rs 14,271.80 crore to the shareholders’ account from the non-participatory account. Net profit in Q2 stood at Rs 15,952.49 […]
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