Life Insurance Corporation of India (LIC) has maintained the lead in claims settlement the industry. During 2013-14, life insurance companies settled 8,57,000 claims on individual policies, with a total payout of Rs 10,860.59 crore.
According to the annual report of the […]
Life Insurance Corporation (LIC) is often known as the ‘lender of the last resort’ and a proxy for the government to bail out state-owned companies. Oil and Natural Gas Corporation’s follow-on offering almost three years ago is a well-known example […]Read More