Life Insurance Corporation of India (LICI) has issued a clarification regarding a recent article published in the Washington Post concerning its investment decisions. LICI asserts that allegations of external influence are false and baseless. The company maintains that its investment decisions are made independently, following due diligence and in compliance with all applicable regulations. The corporation aims to safeguard its reputation and the interests of its stakeholders.
Response to Allegations
Life Insurance Corporation of India (LICI) has addressed concerns raised by an article in the Washington Post dated October 25, 2025. The corporation denies any external influence on its investment decisions.
Investment Decision Autonomy
LICI emphasizes that its investment decisions are made independently, adhering to policies approved by the Board of Directors. These decisions follow detailed due diligence processes. The company affirms its commitment to the highest standards of due diligence and compliance with all relevant regulations.
Protecting Stakeholder Interests
LICI states that the comments in the article aim to undermine the Corporation’s well-established decision-making processes. The corporation is committed to protect its reputation and the financial sector in India.
Source: BSE
