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LIC emerges as the world’s third-strongest insurance brand, recording a 36% surge in brand value.

LIC emerges as the world’s third-strongest insurance brand, recording a 36% surge in brand value.

by Team Small News | Mar 12, 2025 | Insurance, LIC

According to the Brand Finance Insurance 100 report for 2025, the Life Insurance Corporation of India (LIC) has been recognized as the world’s third strongest insurance brand, achieving a Brand Strength Index (BSI) score of 87.9 out of 100. This recognition...
LIC emerges as the world’s third-strongest insurance brand, recording a 36% surge in brand value.

HDFC Ergo General Insurance considers issuing bonds, sources indicate.

by Team Small News | Mar 12, 2025 | HDFC ERGO, Insurance, LIC

India’s HDFC Ergo General Insurance Company is planning to raise 3.5 billion rupees (approximately $11.47 million) through the sale of subordinated bonds with a 10-year maturity period. The company has invited bids from bankers and investors for the issue, with...
LIC emerges as the world’s third-strongest insurance brand, recording a 36% surge in brand value.

The High Court has issued an order restraining the Life Insurance Corporation (LIC) from outsourcing its staff.

by Team Small News | Mar 12, 2025 | Insurance, LIC

The Madhya Pradesh High Court has stayed the operation of the Industrial Tribunal’s order that restrained Life Insurance Corporation of India (LIC) from outsourcing the recruitment of class IV employees. The LIC had decided to outsource the recruitment, but a...
LIC emerges as the world’s third-strongest insurance brand, recording a 36% surge in brand value.

The company saw a significant 28% increase in group yearly renewable premiums for the period of April to February.

by Team Small News | Mar 11, 2025 | Insurance, LIC

The Life Insurance Corporation of India (LIC) has reported a significant surge in group and individual premiums for the first 11 months of FY25. According to industry data, the corporation’s total premium collection stood at 1.90 lakh crore, a 1.90% increase...
LIC emerges as the world’s third-strongest insurance brand, recording a 36% surge in brand value.

Insurance giant sees 28% boost in group renewal premiums for the year-to-date, with significant growth from April to February.

by Team Small News | Mar 11, 2025 | Insurance, LIC

The Life Insurance Corporation of India (LIC) has reported a significant surge in its premium collections and policy sales during the first 11 months of FY25. According to the latest industry data, LIC’s group yearly renewable premiums rose by 28.29% to Rs 1.90...
LIC emerges as the world’s third-strongest insurance brand, recording a 36% surge in brand value.

Do LIC policyholders receive a sovereign guarantee on the sum assured, similar to the guarantees offered by PPF, SCSS, and SSY?

by Team Small News | Mar 11, 2025 | Insurance, LIC

The Life Insurance Corporation of India (LIC) offers policies that are backed by a sovereign guarantee, similar to small savings schemes such as the Public Provident Fund (PPF) and Senior Citizen Savings Scheme (SCSS). This means that even if LIC fails, the government...
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