Indias LIC Posts Q2 Profit Fall on Higher Benefits Paid but Margin Expands
Nov 8 Reuters Life Insurance Corporation of India LIC, the country39;s biggest insurer, posted a 3.8 fall in secondquarter profit on Friday as it paid out higher benefits, while new business margins for the halfyear expanded. LIC39;s profit after tax fell to 76.21 billion rupees 903.6 million for the quarter ended Sept. 30 from 79.25 […]