News

LIC Q2 net profit rises 20% to Rs 12,076 crore on higher premium income.

LIC's net premium income increased to Rs 1,47,018 crore during the quarter, up from Rs 1,26,479 crore in the same period last year. Renewal premium also grew to Rs 68,375 crore from Rs 64,996 crore.

LIC to launch three new insurance plans on October 19, 2026: Annuity, health insurance and cancer cover to go on offer

Life Insurance Corporation of India is set to introduce three new insurance products on October 19, 2026. The offerings include LIC’s New Jeevan Dhara - II, LIC’s Health Shield, and LIC’s New Cancer Cover.

Permanence of life insurance

Companies may come and go, or get merged, but policyholders’ rights are unaffected

Life insurers’ first-year premium jumps 33% in August, led by LIC

Life insurers’ first-year premium growth accelerated in August, with LIC driving much of the increase as private insurers also posted double-digit growth.

When life policy changes hands

The regulator should make clear when the insurer may decline transfer of policies, and who will receive the death benefit

LIC's new Bima Platinum, Jeevan Raksha plans: What policyholders must know

LIC Bima Platinum vs Jeevan Raksha: Which New Plan Could Suit Your Needs?

LIC@ 70: An institution evolves

LIC completes 70 years, marking seven decades of insurance, financial protection and enduring customer trust.

India's Economy Grows 7.8% in Q1 FY27 Despite Global Woes, Beats Expectations

Real GDP or GDP at Constant Prices in Q1 of FY 2026-27 is estimated at Rs 81.36 lakh crore, against Rs 75.46 lakh crore in Q1 of FY 2025-26.

LIC may raise NSE stake, targets presence in every panchayat

Trust, Tech & Reach. As it turns 70, LIC focuses on digital transformation and deeper last-mile insurance penetration