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At $8 billion it is set to be the third largest insurance IPO globally. The LIC IPO, set to be the country's biggest ever at $8 billion, is expected to open on March 11. Timeline It will open for anchor investors first and…

The insurer is offering a full concession in late fee for micro-insurance plans. Ahead of its IPO, LIC is allowing people whose policies have lapsed to revive them, among other concessions. Policy Revival It said that policies…

The IPO is touted to be India’s biggest public offering. Life Insurance Corp. of India or LIC is set to become India's second biggest company after its IPO pegs its valuation at Rs 15 lakh crore ($203 billion). Final Report To…