Private Life Insurers Reclaim Most Of The Market Share Lost To LIC By February 2023

[ad_1] LIC had leapfrogged in the first half of fiscal 2023. While LIC’s market share in terms of new business premium expanded from 63.3% as of March 31, 2022, to 68.3%…

LIC doubles down on Gautam Adani amid short seller row

[ad_1] State-controlled Life Insurance Corp. of India is spending about 3 billion rupees ($37 million) as an anchor investor in a $2.5 billion new share sale by Adani Enterprises Ltd.,…