LIC targets 3 cr new policy sales this year, Q1 premia up 31%
Life Insurance Corporation, which has seen its market share steeply falling below the 70 per cent mark last fiscal for the first time, has set an ambitious target of selling as many as 3 crore new policies worth around Rs 31,000 crore this fiscal year.
Jul 05, 2015, 15:17 PM IST
LIC's market share slips below 70% in FY15
Country's largest life insurer LIC Monday said its market share in terms of new premium income slipped to 69.21 percent in FY 2015 from 75 percent a year ago, as the corporation had to stop selling Ulip products and discontinue a host of other products in new regulatory regime.
May 11, 2015, 21:57 PM IST
LIC loses 5% new premium market share to rivals
Riding high on Unit Linked Insurance Plans (Ulips), some 23 of them have eaten up a full 5 per cent of new premium market from LIC.
May 01, 2015, 20:50 PM IST
