Private Insurers

Top insurers have parked nearly a fourth of their AUM in the top 10 stocks, reveals an analysis by Nuvama Institutional Equities

Life insurers paid benefits to the tune of Rs 5.02 trillion in FY22, says regulator's annual report

Private insurers' APE growth rebounds after lagging behind for three months

By chasing profit over rapid expansion, companies have conserved capital, making them attractive for potential buyers

Value of new business (VNB) of the insurer was up 10.3 per cent YoY to Rs 748 crore in Q2FY23 compared to Rs 678 crore in the year-ago period

Price range set at Rs 564.1-578.55 per share; sale could fetch UK-based financial major at least Rs 2,425.6 cr

In FY23, so far, non-life insurers have reported a 19 per cent growth in premia to Rs 1.02 trillion

Analysts are more bullish on stocks of private insurers

As the company has merged Bharti Axa General Insurance business with itself, the numbers are not comparable with the previous year's numbers

In the April-June quarter, the insurer posted an underwriting loss of Rs 508.16 crore against an underwriting profit of Rs 38.16 crore in the year-ago period.

Private insurers' NBP jumped 14 per cent in May, while state-owned Life Insurance Corporation (LIC) reported a decline of 12.3 per cent

Hong Kong insurance sector is eyeing China's $15.3 trillion savings to avert a crisis in its state pension system, the size of the world's second-largest economy

While the NBP of private insurers, 23 in total, grew 55.18 per cent over the same period last year, state-owned Life Insurance Corporation reported 35.6 per cent growth

The results are for the fiscal ended March 3, 2021.

Insurance companies can carry out minor modifications in their products, said Insurance Regulatory and Development Authority of India (IRDAI)

Specialised PSU insurers in agri business and export covers see impressive 200% growth; general and standalone health insurers see 9% and 2% growth, respectively

Policyholders can also now file online complaints

Most health insurance provides no-claim bonus for claim-free years but that usually ranges from 25 per cent to 50 per cent

Axis Entities will have the right to acquire another 7 per cent in the life insurance company, in or more tranches

Private non-life firm ICICI Lombard on Friday said it has received approval from international financial services centre (IFSC) to open an offshore insurance office in Gift City