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life insurance corporation of india (lic)
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  • Life insurers get wiggle room on spends, but don’t expect commissions to surge Nov 28, 2022 02:33 PM IST

    Life insurers get wiggle room on spends, but don’t expect commissions to surge

    The new EoM rules, and the bunch of relaxations on capital and distribution tie-ups that IRDA has announced, should explain the surge in the shares of listed life insurers.

  • LIC buys additional stake in Voltas for Rs 635 crore Nov 07, 2022 08:12 PM IST

    LIC buys additional stake in Voltas for Rs 635 crore

    LIC said it acquired Voltas' shares worth Rs 634.50 crore through open market transactions during the period from August 10 to November 4, 2022.

  • Life insurance sector chugging along the growth path Sep 12, 2022 01:16 PM IST

    Life insurance sector chugging along the growth path

    Private life insurers reported 8.9 percent on year growth in individual APR and 17.6 percent y-o-y growth in total APE in August 2022. Total APE growth for LIC was lower at 12.5 percent on year but its YTD growth was higher than that of the industry

  • Government seeks relaxation in public holding rules for IDBI Bank once privatised Sep 07, 2022 10:08 AM IST

    Government seeks relaxation in public holding rules for IDBI Bank once privatised

    The relaxation is expected to make the strategic sale of the bank more attractive to a potential investor as there will be more time for complying with the norm

  • IDBI Bank-CSB Bank potential merger: What does it hold for shareholders? Aug 30, 2022 01:27 PM IST

    IDBI Bank-CSB Bank potential merger: What does it hold for shareholders?

    IDBI Bank’s ownership can be a shot in arm for Fairfax’s banking ambitions as the former is ten times the size of CSB Bank in terms of asset base

  • LIC estimates its embedded value at Rs 5.41 lakh crore as of March 2022 Jul 14, 2022 05:43 PM IST

    LIC estimates its embedded value at Rs 5.41 lakh crore as of March 2022

    The value of new business during financial year 2021-22 has been determined as Rs 7,619 crore, LIC said.

  • LIC’s IPO anchor investors haven't given up on insurer despite heavy losses Jul 13, 2022 12:25 PM IST

    LIC’s IPO anchor investors haven't given up on insurer despite heavy losses

    In the run-up to LIC IPO, the insurer raised Rs 5,627 crore from anchor investors by allotting them 59.3 million shares

  • JP Morgan feels LIC’s valuation is 'unduly harsh', market thinks otherwise Jun 20, 2022 12:35 PM IST

    JP Morgan feels LIC’s valuation is 'unduly harsh', market thinks otherwise

    LIC's shares fell to their fresh 52-week low on the NSE on June 20 as the investment banker’s research wing initiated coverage on the stock with an 'outperform' rating

  • LIC IPO may have left a sour taste for first time investors Jun 10, 2022 01:14 PM IST

    LIC IPO may have left a sour taste for first time investors

    LIC shares have fallen 25 percent from the issue price of Rs 949 per share after listing on May 17. The stock has seen an average decline of around 1.3 percent per session in 19 trading sessions. If the anchor investors, a majority of whom are MFs, cut losses, there will be a further slide.

  • LIC stock in focus as anchor book lock-in ends today Jun 10, 2022 10:39 AM IST

    LIC stock in focus as anchor book lock-in ends today

    The lock-in period for anchor investors is to end on June 13, which will allow such investors to sell their existing shares in the market

  • Tepid listing of LIC causes lacklustre trading in most insurance sector stocks May 17, 2022 12:42 PM IST

    Tepid listing of LIC causes lacklustre trading in most insurance sector stocks

    Experts believe that personal savings and awareness regarding insurance will increase, enabling the sector to outperform in the long run and will indirectly benefit LIC

  • LIC listing today: What should investors do with the stock after it debuts on bourses? May 16, 2022 05:09 PM IST

    LIC listing today: What should investors do with the stock after it debuts on bourses?

    Given stock market volatility, LIC's debut may be muted, but experts advise investors not to panic and hold on to the stock from a medium- to long-term perspective.

  • LIC to make its debut tomorrow. What does it hold for the investors? May 16, 2022 06:53 AM IST

    LIC to make its debut tomorrow. What does it hold for the investors?

    Considering the prevailing market scenario, experts expect a soft listing between +/- 5 percent to the offer price but they advise investors to look at the stock for long term only.

  • LIC shines in primary market, but further stake sale, fate of stock remain uncertain May 09, 2022 03:45 PM IST

    LIC shines in primary market, but further stake sale, fate of stock remain uncertain

    LIC being a massive company with a considerable market share will continue to be attractive in the listed space, even though the insurance industry is becoming competitive with an increasing number of listed players

  • Explained in charts: The true story behind the rush for LIC’s anchor book May 04, 2022 03:11 PM IST

    Explained in charts: The true story behind the rush for LIC’s anchor book

    Mutual funds, global investment firms, National Pension Schemes, and other insurance companies made a beeline to subscribe to LIC IPO’s anchor book. But investors were chosen with care

  • Forex market hopes to see foreign investors pump $1 billion into LIC public issue May 04, 2022 12:37 PM IST

    Forex market hopes to see foreign investors pump $1 billion into LIC public issue

    The reception of the IPO by foreign investors has been muted so far. The anchor portion of the IPO saw only 18.08 percent of the more than 59 million shares on offer

  • LIC IPO opens today: 10 key things to know before subscribing to the issue May 03, 2022 07:17 AM IST

    LIC IPO opens today: 10 key things to know before subscribing to the issue

    Key business strategy of LIC is to capitalize on the growth opportunities in the Indian life insurance sector wherein the total premium for life insurers is forecasted to grow at 14-15 percent CAGR over the next five years.

  • LIC public issue will be a good buy for investors, says Manish Sonthalia of Motilal Oswal AMC May 02, 2022 12:02 PM IST

    LIC public issue will be a good buy for investors, says Manish Sonthalia of Motilal Oswal AMC

    Analysts have also largely recommended investors to subscribe to the public issue.

  • LIC IPO - Many hits and a few misses. Should investors subscribe? May 02, 2022 10:46 AM IST

    LIC IPO - Many hits and a few misses. Should investors subscribe?

    LIC's IPO is priced at a significant discount to private peers. Why so?

  • Three points on which LIC IPO needs to be evaluated Apr 29, 2022 12:12 PM IST

    Three points on which LIC IPO needs to be evaluated

    LIC deserves to be valued cheaply than professionally-managed, well-regulated, and transparent insurers -- just like public sector enterprises, including banks 

  • Has LIC suffered conglomerate discount even before going public? Apr 28, 2022 04:24 PM IST

    Has LIC suffered conglomerate discount even before going public?

    Its internal assessment in 2013 put a value of Rs 70,000 crore on its real estate and art holdings. Imagine how much Rs 70,000 crore would have appreciated in 2022 

  • LIC IPO: India’s biggest listing attracts Norway’s wealth fund and GIC among others Apr 27, 2022 08:39 PM IST

    LIC IPO: India’s biggest listing attracts Norway’s wealth fund and GIC among others

    Abu Dhabi Investment Authority is also among those in discussions to participate in Life Insurance Corporation of India’s first-time share sale

  • LIC IPO is right-sized and will not crowd out capital and monetary supply, says DIPAM secretary Apr 27, 2022 01:20 PM IST

    LIC IPO is right-sized and will not crowd out capital and monetary supply, says DIPAM secretary

    Tuhin Kanta Pandey also said they expect strong retail participation in the issue.

  • LIC IPO | Government revises price band to Rs 902-949, offer likely to open on May 2 Apr 26, 2022 06:33 PM IST

    LIC IPO | Government revises price band to Rs 902-949, offer likely to open on May 2

    The discount will be Rs 40 for retail and employees, sources privy to the development told CNBC TV18

  • LIC public issue likely to open on May 4, close on May 9 Apr 25, 2022 09:15 PM IST

    LIC public issue likely to open on May 4, close on May 9

    Sebi has given its nod to the updated DRHP that lists a 3.5 percent stake sale, as against 5 percent as mentioned in the previous draft papers.