Question
Life Insurance Corporation of India (LIC),which holds a
49 per cent stake in the asset manager, has infused how much share capital into its subsidiary, LIC Mutual Fund Asset Management?Solution
Life Insurance Corporation of India (LIC) has infused a share capital of Rs 25 crore into its subsidiary, LIC Mutual Fund Asset Management. At present, LIC holds a 49 per cent stake in the asset manager. LIC Housing Finance and GIC Housing Finance are the other stakeholders with 35.3 per cent and 15.7 per cent stakes in the company, respectively.
What covers professionals for negligence and errors or omissions that injure their clients?
The result of the policyholder’s failure to buy sufficient insurance is termed as?
The section of the policy that outlines what is NOT covered is called:
Which of the following principles of Insurance denotes insurance of same subject matter with two different companies or with the same company under two ...
A retrocessionaire is:
The Employment State Insurance (ESI) Act of 1948 is applicable to all establishments having __________or more workers.
What term applies to conditions that must be met before the insurer’s obligations arise?Â
The coinsurance is specified by which of the following term?
What is the purpose of "excess" in an insurance policy?
Which of the following is the first life insurance company in India?
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