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Life Insurance Corporation of India

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CBI investigations into Reliance ADA Group

2 clusters · 4 sources · last updated

Latest: CBI files second chargesheet in Reliance Home Finance fund diversion case

The Central Bureau of Investigation (CBI) has launched multiple investigations into alleged financial misconduct and fund diversion involving entities within the Reliance ADA Group. In one instance, the CBI registered a

[ACTIVE] [BUSINESS] [IN]

Life Insurance Corporation of India product offerings

2 clusters · 3 sources · last updated

Latest: LIC offers various insurance and pension schemes

The Life Insurance Corporation of India (LIC) provides various long-term savings, insurance, and pension schemes for different life stages. Initial offerings include the Kanyadan Policy, a savings scheme for parents to

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National Stock Exchange of India IPO and market debut

9 clusters · 48 sources · last updated

Latest: National Stock Exchange of India makes historic market debut

The National Stock Exchange of India (NSE) successfully completed its market debut on Thursday, September 24, 2026. Following its initial public offering (IPO) which closed on September 21, the exchange underwent a dual

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U.S. life insurance planning trends

2 clusters · 6 sources · last updated

Latest: Life insurance trends show high procrastination and loan availability

A 2026 survey by the nonprofit Life Happens indicates that 46% of U.S. adults intend to delay or entirely skip life insurance planning. Respondents cited various barriers, including confusion, cost concerns, and procrast

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Indian life insurance product launches

2 clusters · 4 sources · last updated

Latest: Indian insurers launch new pension and wealth management plans

In September 2026, several Indian life insurance providers introduced new financial products. Life Insurance Corporation of India (LIC) launched two plans to mark its 70th anniversary: LIC Bima Platinum, a non-linked s

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Chennai police fraud investigations

2 clusters · 6 sources · last updated

Latest: Chennai police arrest two men in 17-year-old LIC fraud case

The Greater Chennai police’s Central Crime Branch arrested two men, Prathap and Arjunan, for their involvement in a 2009 LIC maturity cheque fraud. The suspects allegedly intercepted a cheque worth Rs 3,22,500, forged do

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India life insurance coverage and growth trends

3 clusters · 9 sources · last updated

Latest: Indian life insurance industry projected to grow 11-12% by FY27

Data from the Insurance Information Bureau (IIB) indicates a shift in India’s life insurance market between FY2021 and FY2025 toward higher-value coverage. While low-value policies with a sum assured of ₹2 lakh or less s

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LIC stake acquisition in Indian banks

2 clusters · 6 sources · last updated

Latest: LIC receives RBI approval to acquire up to 9.99% stake in ICICI Bank

The Reserve Bank of India (RBI) has granted the Life Insurance Corporation of India (LIC) approval to increase its holdings in major private sector banks. In August 2026, the RBI authorized LIC to acquire up to 9.99% of

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