LIC Stocks Today, Life Insurance of Corporation Share Price Live News & Updates: State-owned Life Insurance Corporation of India (LIC) is in advanced talks with a “standalone health insurance company to acquire a substantial stake” as part of its proposed foray into health insurance. “I am very much hopeful that within this financial year (before March 31, 2025) a decision will be taken….,” Mohanty said on the sidelines of the Global Conference of Actuaries organised by the Institute of Actuaries of India. LIC’s shareholding in the standalone health insurer will be less than 51 per cent, said Siddhartha Mohanty, Chief Executive Officer and Managing Director, LIC.
The stock traded flat in early trade.
ALL UPDATES
- March 19, 2025 13:54
LIC share price live: Shares up 2%
Shares of LIC were up 2.47% on the NSE, trading at ₹776.10 as at 1.54 pm.
- Day’s high: ₹780.75
- Day’s low: ₹760.20
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- March 19, 2025 13:30
LIC Cuts Stake In Pfizer To 4.026% From 6.052% – Reuters alert
- March 19, 2025 13:11
LIC share price live: Shares up 2.63% on the NSE
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- March 19, 2025 12:22
LIC Share price live: Stock soars nearly 3%
Shares of LIC traded at ₹776.55 on the NSE, up 2.53% as at 12.22 pm.
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- March 19, 2025 11:56
LIC share price live: LIC issued clarification on Tuesday following news reports claiming its entry into health insurance business
“We hereby clarify that Life Insurance Corporation of India (“the Corporation”) is in advanced talks with a standalone health insurance company to acquire substantial stake, to broaden Corporation’s footprint in the health insurance market. Kindly note that the Corporation is still in advanced talks and no binding agreement has been entered into. The execution and ultimate consummation of the deal is subject to various factors, including approval of the Board of Directors of the Corporation, regulatory approvals and other approvals, if any, before executing any binding agreements. There can be no guarantee or assurance of the execution/ consummation of the potential deal. The Corporation will make appropriate disclosure in compliance with applicable laws, as and when required,” the stock exchange filing read.
- March 19, 2025 11:30
LIC share price live: Mcap stood at ₹4.90 lakh crore
- March 19, 2025 10:54
LIC shares live: Gain 2%
Shares rose 2.01% on the NSE to ₹772.60 as at 10.54 am.
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- March 19, 2025 10:28
LIC shares live today: LIC requests RBI to introduce 100-year govt bonds – PTI
Life insurance giant LIC has requested the Reserve Bank to introduce long-term government bonds, including 100-year paper as well, a top official said on Tuesday.
Siddhartha Mohanty, Managing Director and Chief Executive of LIC, said the insurer sells whole life policies, which need investments in long-term bonds.
The RBI has been giving permission to 20-30 years bonds, and has also given a go-ahead for a 40-year bond, he added.
“I am also expecting 50-year, even 100-year bonds. Our people are discussing this from time to time with RBI, and they are also considering this,” Mohanty told reporters on the sidelines of the GCA25 here.
Further, he pointed out that while many countries issue 100-year bonds in the global market, India has yet to introduce such bonds due to limited demand and low activity in the secondary market.
Mohanty said LIC has been very active in the G-sec (Government Security) investments, and added that the insurer has been subscribing to over a fifth of the issuances.
PTI report
- March 19, 2025 10:27
LIC shares live today: Life insurance behemoth LIC is confident of buying a stake in a health insurer in the next two weeks, its chief executive Siddhartha Mohanty said on Tuesday.
- March 19, 2025 10:21
LIC share price live: Shares outlook
Shares of LIC inched up 0.89% on the BSE to ₹764.40 as at 10.19 am. The stock opened at ₹764.80, nearly 7 pts above the previous close of ₹757.65.
- March 19, 2025 09:34
LIC share price live: Shares inched up
Shares of LIC inched up by 0.94% on the NSE to ₹764.50 as at 9.33 am. The stock opened at ₹762.40.
- March 19, 2025 09:32
LIC in advanced talks with a standalone health insurer to acquire ‘substantial stake’
Life Insurance Corporation of India (LIC) is set to shake up the health insurance market, where it is close to making an entry with the acquisition of a stake in a “standalone” health insurance firm. India’s largest life insurer on Tuesday said it is in advanced talks with a standalone health insurance company to acquire “substantial stake”.
The entry of the state-owned life insurance behemoth into the health insurance space can potentially bring down premiums. Currently, the common man is feeling the pinch of pricey health insurance premiums.
Separately, Siddhartha Mohanty, Chief Executive Officer and Managing Director, LIC, said that discussions with a standalone health insurer are in the final stages. He emphasised that it is a natural choice for LIC to be in health insurance.
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Published on March 19, 2025
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