https://www.taxtmi.com/news?id=44906 LIC reported a sharp quarterly rise in net profit driven by lower management expenses, with first-year premium income moderating and renewal premiums rising. Management stated a proposal to buy a stake in a standalone health insurer is at an advanced stage and will be presented to the board in a few months, after which the board will determine the stake quantum and follow up with regulatory approvals and other modalities. en-us Tue, 27 May 2025 20:46:04 +0530 Tue, 27 May 2025 20:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=44906 LIC reported a sharp quarterly rise in net profit driven by lower management expenses, with first-year premium income moderating and renewal premiums rising. Management stated a proposal to buy a stake in a standalone health insurer is at an advanced stage and will be presented to the board in a few months, after which the board will determine the stake quantum and follow up with regulatory approvals and other modalities. News - Tue, 27 May 2025 20:46:04 +0530 https://www.taxtmi.com/news?id=44906