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State-owned insurer Life Insurance Corporation of India (LIC) on Thursday reported 31% year-on-year growth in its consolidated net profit in the second quarter at Rs 10,098 crore, compared to Rs 7,728 crore in the same period a year ago. The company’s net premium income in the quarter stood at Rs 1,26,930 crore, up 5.5% from […]
Life Insurance Corporation of India (LIC) will announce its September quarter results on Thursday, with the country’s largest life insurer expected to report a 10% year-on-year decline in its Annual Premium Equivalent (APE) – a key sales metric. The range is pegged at Rs 14,840 crore to Rs 16,380 crore as per four brokerage estimates. […]
