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LIC, Health Insurance
LIC shares climb 4%, cut gains as insurance company clarifies on rumours
LIC shares jumped 3.95 per cent to hit a high of Rs 952.50 on BSE. The stock was later trading at Rs 931.55, still up 1.67 per cent.
LIC Issues Clarification On Reports Of Stake Acquisition In ManipalCigna Health Insurance
India's largest public sector insurer, Life Insurance Corporation of India (LIC) on Thursday (November 28) through the regulatory filing issued a clarification related to speculation about the company's potential acquisition of a 50 per cent stake in ManipalCigna Health Insurance.
LIC shares surge over 2% on discussions to acquire 50% stake in ManipalCigna Health
State-owned LIC's shares rose 2.4% on news of a potential 50% stake acquisition in ManipalCigna Health Insurance. This move would mark LIC's entry into the health insurance sector, diversifying its portfolio.
10h
on MSN
Finmin Proposes To Raise FDI In Insurance To 100%
The Department of Financial Services (DFS) has sought public comments on the proposed amendments by December 10.
5h
on MSN
LIC clarifies on ManipalCigna stake acquisition buzz; here’s what the insurer said
LIC clarified that it is exploring various strategic opportunities, including in health insurance, but currently no material ...
moneycontrol.com
18h
LIC targets 50% in ManipalCigna to enter health insurance space: Report
The
Life
Insurance
Corporation
of India (LIC) is in advanced discussions to acquire up to a 50 percent stake in ManipalCigna Health
Insurance
, according to a report by The Economic Times.
devdiscourse
8d
Delhi High Court Rejects Plea Linking Insurance Claims to a Potential Scam
The Delhi High Court dismissed a plea requesting the Union Home Ministry to provide details of deceased policyholders under ...
4h
on MSN
Why LIC share price is ascending despite fall in SBI Life, HDFC Life, ICICI Prudential Life, other insurance stocks
Private insurance stocks like SBI Life Insurance, HDFC Life Insurance, and others fell on Thursday due to concerns raised by ...
13d
LIC's entry into health insurance to significantly boost its market share
The Life Insurance Corporation of India (LIC) is expected to enter the health insurance industry in 2025 by acquiring a stake ...
11d
Government plans 100% FDI, eased rules for agents in insurance bill tweak
Government is preparing to permit complete foreign ownership of insurance businesses, potentially attracting major ...
10d
on MSN
Union government may hike FDI in insurance to 100%, aims to increase insurance penetration rate: Report
Currently, the FDI cap in the insurance industry is set at 74 percent, covering life, general and health insurance sectors.
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