Life Insurance Corporation of India (LIC) has re-designated Smt. Sonija M.S. as Chief (In-charge) (Finance & Accounts) at its Central Office in Mumbai, effective October 8, 2026. The Corporation disclosed the change to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. With the new designation, Sonija M.S. […]
Lavanya R Mundayur, currently CMD of Agriculture Insurance Company of India, will head New India Assurance until May 31, 2029. New India Assurance Company Ltd (NIACL) has appointed Lavanya R Mundayur as Chairman and Managing Director (CMD). The appointment has been approved by the Central Government. According to an order issued by the Department of […]
PSU general insurers have been asked to focus on profitable business segments and reduce incurred claim ratios. The Finance Ministry has also called for stronger underwriting, digitalisation and customer service. The direction came during a performance review meeting chaired by Department of Financial Services (DFS) Secretary Sanjay Lohiya. The meeting reviewed the financial and business […]
The Life Insurance Corporation of India on Tuesday reported a 38 per cent jump in net profit to Rs 19,013 crore for the January-March quarter of the financial year 2024-25 compared to the corresponding figure of Rs 13,763 crore in the same period of the previous year. The company declared a final dividend of Rs […]
