Life Insurance Company
Coverage of Life Insurance Company in the Nexus archive.
- LIC Share Sale Sees Tepid Retail Demand After India Upsized Deal
Retail investors largely avoided India’s share sale in Life Insurance Corp., showing tepid demand despite institutions' strong bids prompting the government to increase the offering to $3.3 billion.
- India Expands LIC Share Sale to $3.3 Billion on Strong Demand
India expanded its share sale in the state-run insurance giant, Life Insurance Corporation (LIC), to raise $3.3 billion after the base offer was oversubscribed. The move aims to bolster public finances amid challenges posed by high oil prices.
- Govt to sell up to 6.5% in LIC at ₹382/share; to add ₹31k crore to disinvestment kitty
The government plans to sell a 6.5% stake in the Life Insurance Corporation (LIC) at ₹382 per share, aiming to raise ₹31,000 crore for the disinvestment fund. The sale involves over 82.22 crore shares at the specified floor price.
- She paid an insurance company $99,000 to generate retirement income for life. Then it collapsed.
A woman paid $99,000 to an insurance company for lifetime retirement income, but the company collapsed. The life insurance business model has changed with insurers taking more investment risks. This shift has led to unpredictable outcomes for policyholders.
- Evil Utah nurse killed female friend for life insurance cash... then cursed her victim's GHOST after she was arrested, as soft-touch judge gives her second chance
A Utah nurse killed her female friend for life insurance money and then cursed her victim's ghost after being arrested. The judge gave the nurse a second chance. The nurse's actions were motivated by financial gain.