Page 12 - Insurance

Non-life insurers' gross premium up 9% at Rs 10,012 cr in Nov: Irdai

As of Nov 30, 2017, the New India Assurance Co Ltd has the highest market share in the non-life insurance market at 15.6%

Life insurers' new premium up 6% to Rs 16,995 cr in November: Irdai

State-owned LIC registered a fall of over 1.5 per cent in new premium collection at Rs 12,336.53 crore during the month

Aditya Birla Health Insurance to focus on retail growth

During 2016-17 the group sales constituted 80 per cent premium income and retail the balance 20 per cent

LIC cuts stake in Bank Of Baroda to 5.19%

The public sector bank said LIC shed stake in a market sale from September 1 to November 29

Oriental Insurance to list on bourses in FY19

Oriental Insurance, which had seen its solvency ratio go below the mandatory level of 150%, has improved it to 152% for half year ending September 2017

LIC may get Irdai breather on 15% investment cap in public sector banks

Move to help government's recap plan

SBI Life bets on metals, oil and gas sectors for investment growth

SBI Life is a joint venture between top Indian lender State Bank of India and BNP Paribas Cardif, and went public last month after a $1.3 billion initial public offering

Insurance stocks become fund managers' favourites

ICICI Prudential Life Insurance Company, ICICI Lombard and SBI Life together have consumed over Rs 6,000 cr of mutual fund equity assets

Is consumer still king?

Pending cases at all-time high in district, state and national forum, touching 90% in some states

SBI General Insurance Q2 net zooms to Rs 251 cr on one-time income

The company's gross premium increased to Rs 926 crore from Rs 690 crore a year ago

NIA's Rs 10,000-cr IPO to hit market in first week of November

NIA had appointed five merchant bankers - Kotak, Axis Bank, Nomura, IDFC and Yes Bank for the IPO

Non-life insurers' Sept premium up 14% on yr at Rs 17,530.640 cr: Irdai

The non-life insurance firms had underwritten premium of Rs 15,428.17 crore in September 2016

LIC's surplus payout to govt rises 16% to Rs 2,207 cr in FY17

State-owned insurance firm manages assets worth more than Rs 25.72 trillion

ICICI Lombard to make market debut today

The insurer had fixed the price band at Rs 651-661 per share for the Rs 5,700-crore IPO

Decision on PEs investing in insurance firms in a month: Irdai chief

PE firms have invested heavily in leading insurers such as SBI Life, ICICI Lombard, HDFC Life and Max Life

Canara HSBC Oriental Life eyes Rs 850 cr in new business premium

Insurers growing in excess of 30-40% yearly are all backed by bancassurance

CPPIB, GIC among anchor investors in SBI Life's offering

Sovereign and pension funds, PE firms and insurance firms lap 60% of IPO shares; mutual funds take the rest

General insurance companies see brisk rise in investments: Irdai data

Total investments of non-life insurance firms until March-end 2016 stood at around Rs 1,88,126 cr

ICICI Lombard IPO gets fully subscribed, bidding ends later today

Bidding for the sale closes later on Tuesday

ICICI Lombard IPO subscribed 98% a day before close

Institutional portion fully subscribed, retail 60% covered, wealthy investor portion subscribed just 8%