Saturday 29 August 2015
 
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LIC

LIC International posts $7.5m profit for H1

Bahrain-based life insurer LIC (International), a subsidiary of Life Insurance Corporation (LIC) of India, has posted a profit of $7.5 million for the first half of the year. A statement issued after the company’s 91st board of directors

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LIC International honours best consultants

Bahrain-based life insurer LIC International has felicitated its top-performing consultants in a ceremony held at the Mövenpick Hotel Bahrain. Eight consultants of the company from across the region, including two from Bahrai

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LIC Bahrain honours bancassurance partner

Bahrain-based life insurance firm LIC International has awarded its bancassurance partner UAE-based FGB (formerly known as First Gulf Bank) for achieving record sales of one billion dirhams as first premium income. LIC Internation

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Intercol, Nexus in deal to market LIC products

Intercol and Nexus have signed an agreement to market LIC International products in Bahrain. Intercol director Abdul Rahman Ali Alwazzan and Nexus general manager Emanuel Lantzos signed the deal. LIC International board members an

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LIC launches app for smartphones in Bahrain

Bahrain-based LIC (International), a regional subsidiary of Life Insurance Corporation of India (LIC), has launched smartphone apps on Android and iOS platforms. The apps, which have been developed by Bahraini firm Appshouse, will

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LIC to launch new products in Bahrain

Bahrain-based insurance firm LIC (International), a subsidiary of LIC of India, plans to launch two new conventional plans, which have already been filed with the Central Bank of Bahrain. The company's chief executive and mana

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Insurance firm in Bahrain eyes tie-ups

Bahrain-based LIC (International), a regional subsidiary of Life Insurance Corporation of India (LIC), is in advanced negotiations with financial institutions to be part of its distribution channel. The official announcements regarding

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LIC unit plans expansion in Bahrain

LIC International, a unit of India-based insurer LIC, is planning to take on extra staff in the near future to boost its business and is looking to hire trained Bahrainis, its chief executive and managing director said. "We a

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Bahrain LIC's premiums grow 12pc in 2011

Bahrain insurance company LIC (International) sold 10,394 new policies with new business premium of $53.78 million during 2011. The company announced at a board meeting yesterday that it has registered a growth of 12 per cent in new busine

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LIC, BBK sign NRI policies accord

Bahrain-based Life Insurance Corporation (International) has signed an agreement with BBK NRI Business to distribute its policies exclusive to its non-resident Indian (NRI) clientele. NRI customers will now be able to subscribe to dollar-d

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