[12] The IPO was expected to occur in 2022, and the Government of India planned to remain the majority shareholder post-listing, with 10% of shares proposed to be allotted to existing LIC policyholders.

As of 2024, LIC's shares have reached record highs, with the company's market value increasing by $30 billion over two years.

[24] The exposed data included mobile number, email address, family details, date of birth, residential address, PAN card, Aadhaar or other identity documents, Bank account information, Income Tax Returns, medical history etc.

The issue was reported to LIC via multiple channels and after a CPGRAMS complaint it was fixed in seven days using UUID V4 instead of the numerical document ID.

The root cause was found to be encrypting the same sequential document and proposal IDs and exposing the decryption key in the front-end JavaScript code.

There are a total of 8 zonal offices, located in Delhi, Chennai, Mumbai, Hyderabad, Kanpur, Kolkata, Bhopal and Patna.

[28] The scheme was officially inaugurated by Prime Minister Narendra Modi[29] [30][31]on December 9, 2024, in Panipat, Haryana.

The program aims to empower women by providing them with a platform to act as insurance facilitators while promoting financial inclusion in underserved and rural areas.

The LIC invests in sectors such as banks, cement, chemicals and fertilizers, electricity and transmission, electrical and electronics, engineering, construction and infrastructure, fast-moving consumer goods, finance and investments, healthcare, hotels, information technology, metals and mining, motor vehicles, and ancillaries, oil and natural resources, retail, textiles, transportation, and logistics.