Fri, Nov 08, 2024
LIC Q2 FY25 Results: State-run Life Insurance Corporation on Friday reported a net profit of Rs 7,621 crore for the July-September period, a decline of 3.8 per cent on a year-on-year basis. Earlier on Friday, LIC shares ended 1.6 per cent lower at Rs 914.8 apiece on BSE.
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Tue, Oct 22, 2024
ICICI Pru (ICICIPRULI) Q2 FY25 Results Preview: Private sector life insurer ICICI Prudential Life Insurance Company is scheduled to repot its quarterly earnings on Tuesday, October 22. Here is what investors can expect in the Mumbai-headquartered company's upcoming earnings report.
Tue, Oct 15, 2024
HDFC Life Q2 Results: HDFC Life Insurance Company, a Mumbai-headquartered life insurer, reported its quarterly financial results on Tuesday, October 15. The life insurance company's stock slipped into the red after the earnings release.
Tue, Sep 10, 2024
As the GST Council deferred its GST rate cut decision on insurance premiums, stock of insurer companies languished in trade today.
Fri, Aug 23, 2024
Jefferies report on insurance stocks: Which stocks will start coverage? Jefferies' favorite insurance stocks?
Wed, Aug 21, 2024
SBI Life Insurance Shares: SBI Life Insurance Company (SBILIFE) shares scaled an all-time high of Rs 1,800 apiece on Wednesday, surpassing an earlier peak of Rs 1,790 reached on August 1. Read on to know the latest updates on the life insurance stock.
SBI Life Insurance Shares: Is it a good time to add the SBI Life Insurance stock to your portfolio? Read on to know what analysts suggest and note down their targets.
Sun, Aug 18, 2024
Among the larger states, Uttar Pradesh had the maximum number of LIC agents at over 1.84 lakh with an average monthly income of Rs 11,887.
Sun, Aug 11, 2024
During April-June FY25, the insurance behemoth made an investment of about Rs 38,000 crore in shares as against Rs 23,300 crore in the same period a year ago. LIC earned a profit of Rs 15,500 crore from its investments in equity markets during the first quarter. The profit from its investment was higher by 13.5 per cent quarter-on-quarter.
Thu, Jun 13, 2024
As the IRDAI has proposed a higher surrender value, players like HDFC Life and Max Life are likely to see the most impact.
Mon, May 27, 2024
LIC Q4 FY24 Results: PSU life insurer LIC's net premium income, a key measure of revenue for insurance businesses, increased 15.6 per cent on a year-on-year basis to Rs 1,52,293.1 crore for the March quarter.
Fri, Apr 26, 2024
SBI Life Q4 FY24 Results: SBI Life Insurance Company reported a 4.4 per cent rise in standalone net profit to Rs 810.8 crore for the quarter ended March 31.
Tue, Apr 23, 2024
ICICI Prudential Life Insurance (ICICIPRULI) Results Today: ICICI Prudential Life Insurance is estimated to clock a 23.4 per cent year-on-year jump in standalone net profit to Rs 290 crore for the January-March period, according to Zee Business research. Here's what else to expect in the private sector life insurer's earnings report dye today.
Wed, Apr 17, 2024
ICICI Pru Q4 FY24 Results Preview: ICICI Prudential Life Insurance Company (ICICIPRULI) is expected to register a 550 basis-point slide in its new business (VNB) margin—a key measure of profitability for insurance businesses—for the final quarter of FY24, according to brokerage Nirmal Bang.
HDFC Life Insurance Q4 FY24 Results Preview: The private sector life insurer is expected to register a 15.4 per cent year-on-year increase in net premium income to Rs 22,434 crore for the quarter ended March 31, according to Zee Business research. Analysts expect the company to register a strong expansion in new business premiums.
Thu, Apr 11, 2024
HSBC has a strong outlook for three of these insurers and recommends buying their stocks: ICICI Lombard, SBI Life, and ICICI Prudential.
Tue, Mar 26, 2024
Likewise, if the policy is discontinued within the fourth to seventh policy year, the surrender value shall be 50 per cent of the total premium paid, and if it is surrendered just two years before maturity, 90 per cent of the premium paid shall be paid as the surrender value to the policyholder.
Fri, Mar 15, 2024
Shares of LIC, Star Health, General Insurance Company, New India Assurance, ICICI Lombard, and SBI Life Insurance traded lower in morning deals on Friday, in the first session after Centre launched a pilot programme to provide cashless treatment to the victims of road accidents caused by the use of motor vehicles.
Mon, Mar 11, 2024
While LIC's premium went up by more than 67 per cent, Max Life gained 51 per cent, and ICICI Pru collected 32.5 per cent more premium in February Year-on-Year. SBI Life saw a rise of 32.3 per cent, HDFC Life gained 14.4 per cent, while Bajaj Allianz's premium was up by 12.9 per cent.
Mon, Sep 25, 2023
Life Insurance Corporation (LIC) shares were under pressure on Monday, after the state-run life insurance behemoth received GST tax notices worth Rs 290 crore.
Thu, Sep 07, 2023
Stock market news: Stocks of LIC and ICICI Prudential traded higher in the morning trading session on Thursday (September 7). IRDAI said on Wednesday that the regulator was working to enhance customer experience by bringing in 100% cashless claim settlement.
Wed, Apr 12, 2023
Which stocks to buy, hold or sell today? As Dalal Street enters the April 12 session, here's a look at what brokerages make of some of the key stocks that are trending today. Stocks such as Hero MotoCorp, Eicher Motors, L&T Tech, Jubilant Foodworks, and other insurance and cement shares are on their radar today.
Fri, Feb 10, 2023
Life Insurance Corporation (LIC) shares rose more than four per cent on Friday, a day after the PSU life insurance major reported its financial results for the quarter ended December 2022. LIC reported a net profit of Rs 8,334.2 crore for the three month period, as against a net profit of Rs 234.9 crore for the corresponding period a year ago.
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