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LIC Chairman News

28 Apr 2023

Government Appoints Siddhartha Mohanty As New LIC Chairman

Mohanty has been appointed as head of LIC till June 7, 2025, when he attains the age of 62 years.

30 Jan 2022

Govt extends tenure of IPO-bound LIC's chairman for 1 year

With the extension, M R Kumar will continue as chairman of LIC till March 2023, the sources said. The overall income from investments grew Rs 15,726 crore to Rs 1.49 lakh crore in H1FY22. This is the second extension for the LIC chairman.

14 Dec 2016

V K Sharma appointed Chairman of LIC for five years: Government

Acting chairman of Life Insurance Corporation V K Sharma was on Wednesday appointed as the Chairman of the insurer for a term of five years.

28 Aug 2016

LIC to fill posts for 2 MDs; yet to name chairman

State-owned life insurer LIC, which is yet to name a chairman after the incumbent SK Roy in June announced surprise retirement two years ahead of his tenure, is looking at selecting two MDs for which eight EDs have been called for interviews.

23 Jun 2016

LIC chairman S K Roy resigns two years before his term ends

State-run life insurance behemoth LIC Chairman S K Roy, appointed by previous UPA government, has resigned nearly two years ahead of completion of his five-year term.

25 Mar 2015

LIC keen on 40-year govt bonds

Life insurance major LIC on Wednesday said it is keen on buying 40-year bonds which the government is set to issue this year.

12 Jan 2015

LIC will consider all investment options

Ahead of major disinvestments expected in the comping days, country's largest investor LIC Monday said it will consider all investment offers that come its way and take advantage of opportunities.

16 Dec 2014

LIC transfers Rs 1,644-crore surplus to Govt

LIC generated a total surplus at Rs 32,685.21 crore during FY14, up 13.8 percent from Rs 28,727.64 crore in the previous fiscal.

India's markets

18 Sep 2014

LIC chairman bullish on outlook for India's markets

LIC chairman said he expected growth of 12 percent in insurance premiums this fiscal year, in line with 13.4 percent last year.

Life Insurance Corporation

06 Aug 2014

LIC may invest $9.8 bn in Indian equities in FY15

Roy says LIC`s 2014-15 equity investments seen at 600 billion rupees ($9.79 billion).

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