LICs M-cap Up 17 Per Cent In August

News
Our Bureau

Coimbatore | Updated on

September 29, 2019

Published on

September 29, 2019

LIC has regained its market share by 17 per cent in first premium income in August 2019, its Managing Director TC Suseel Kumar said. Kumar disclosed this information during a meeting of the Corporation’s branch heads in Coimbatore. He said that in the month of August alone, LIC’s market share had increased to 67 per cent from 50 per cent.

The Corporation would be adding another 16,600 employees at various levels to its existing headcount of 1.12 lakh, and has opened a special campaign for reviving lapsed/discontinued policies besides being involved in social initiatives, he said.

Published on September 29, 2019

RECENT NEWS

USAA Delivers Advice, Financial Assistance As Government Shutdown Continues

           FOR THE LATEST DATA ON USAA SHUTDOWN RELIEF, VISIT USAA STORIES: LINK Read more

UPDATE: USAA Delivers $150 Million In Loans Within 48 Hours To Serve Members Impacted By Government Shutdown

FOR THE MOST UP-TO-DATE DATA ON USAA SHUTDOWN ACTIVITY, VISIT USAA STORIES: LINK Read more

USAA Names Rob Arena President Of Life Insurance Company

Sep 30 2025 SAN ANTONIO – September 30, 2025 – USAA has appointed Rob Arena as Preside... Read more

USAA Prepares Financial Assistance To Serve Members Impacted By Potential Government Shutdown

No-interest loan and payment relief options among the benefits that eligible members can access Read more

USAA, NFL Extend Long-standing Partnership

USAA to continue providing exceptional Salute to Service NFL experiences to the military community Read more

Nearly Half Of Gen Z Doesnt Know What Affects Their Credit Score, According To New USAA Report

Study Reveals Gaps in Young Adults’ Credit Knowledge and Optimism for Financial Growth Read more