private insurer dominance

Insurance

LIC Hits ₹951 Intraday Low; Resistance at ₹1,000 Holds Firm

Life Insurance Corporation of India (LIC) shares tumbled by 3.5% during Tuesday’s trading session, reflecting investor concerns as the life insurer reported a challenging performance for November. Premiums for the month plunged by 27% year-over-year, signaling a significant slowdown in growth. Despite LIC posting a 16% rise in premium collections over the first eight months of FY25, its total and…