Chairman, LIC of India, presented a cheque of Rs. 2,430.19 crore to Union Finance Minister, Arun Jaitley,as the Government of India’s share of the surplus arising out of the LIC’s actuarial valuation as on March 31, 2018.

Creating awareness among farmers holds the key to expand crop insurance coverage across the country, said Dr. Subhash Chandra Kunthia, Chairman, IRDAI.While inaugurating a conference on Pradan Mantri Fasal Bima Yojana, Dr. Khuntia advised stakeholders such .

GIC Re has emerge as the 10th largest global reinsurer in the latest global ranking exercise by Standard & Poor’s Munich Re. Swiss Re and Berkshier Hathway Re are the top three global reinsurers in the latest ranking of top 50 global reinsurers.