Page 4 - Icici Prudential Life Insurance

As Covid-19 upends traditional functioning, insurance goes digital

With the Covid-19 pandemic having upended traditional ways of functioning, insurers are going the extra mile to adopt paperless processes, writes Subrata Panda

ICICI Pru Life Insurance: Focus on growth critical to curb underperformance

While the product mix has improved, sharp de-growth in premium is a worry

Insurance firms see surrenders decline in Q1, brace for trend to change

Companies look to hedge against policy surrenders by providing short-term loans as succour in pandemic

ICICI Bank Q1 PAT may jump 60% YoY on stake sale in insurance arms: Experts

A more optimistic estimate by analysts at Nirmal Bang Institutional Equities pegs the profit at Rs 4,016.4 crore, up a whopping 110.5 per cent YoY and 228.8 per cent QoQ

ICICI Prudential Life Insurance Q1 profit after tax up 0.9% to Rs 288 cr

VNB for Q1FY21 stood at Rs 201 crores with an expansion in VNB margin from 21.0% in Q1FY20 to 24.4% in Q1FY21

Insurance stocks in focus; SBI Life, HDFC Life up 4%; ICICI Pru slips 3%

The NBP of life insurance companies contracted 10.46 per cent YoY in June as compared to decline 32.6 per cent and 25.4 per cent in April and May, respectively

Axis Bank gets approval to raise up to Rs 15,000 cr to tide over Covid-19

In a meeting held on Thursday, the private lenders' board approved the capital raising plan through issue of equity shares/ depository receipts or any other instrument or securities

ICICI Bank gains over 3% after paring stake in ICICI Prudential Life

ICICI Pru Life's stock also rose 5.68 per cent to Rs 413.95 on the BSE after the stake sale

December updates indicate good health of life insurers, stocks rally

The 11-22 per cent increase in premium income, new offerings and push towards protection products are important drivers

New India Assurance, GIC rally up to 8% as govt may raise FDI limit to 74%

That apart, 37.2 per cent year-on-year (YoY) growth in new premiums between April-November further boosted buying sentiment.

SBI Life, ICICI Pru Life to enter MSCI India index. What should you do?

SBI Life touched a life-time high of Rs 1,030 per share on October 30, 2019, while ICICI Pru Life hit a record high on November 8, 2019.

Business growth moderates for four listed private life insurance players

While the pace of growth for the four listed life insurers has come down, HDFC Life and Max Life fared better

ICICI Prudential Life gains 7% in subdued market post Q1 results

ICICI Pru's VNB margin during Q1FY20 expanded 400bps to 21 per cent from 17 per cent in Q1FY19, primarily on account of increase in protection mix.

ICICI Prudential Life has 'business verified' Whatsapp a/c for customers

Several insurers have started using the service to speak to customers, albeit informally

ICICI Prudential Life's board appoints NS Kannan as MD and CEO

Prior to being CFO of ICICI Bank, he served as ED of the life insurer

ICICI Prudential Life extends fall on promoter stake sale plan

The stock has dipped 3% to Rs 397, extending its previous day's 3% fall on the BSE after the promoter ICICI Bank proposed to sale up to 2% stake of the company through OFS, which begins today.

ICICI Prudential Life rallies 13% in two days post FY18 results

The stock was up 5% to Rs 438 in early morning trade, surging 13% in past two trading sessions on the BSE, after new business margin improved to 16.5% in FY18 from 10.1% in FY17.

ICICI Pru Life turns to IT, pharma after risky telecom bet payoff

Analysts say Jio's surprise decision to raise tariffs last month signals an end to the competitive price-cutting war

ICICI Prudential Life Insurance up 7% on value buying

The stock moved higher by 7% to Rs 415, extending its Friday's 2% gain on the NSE

ICICI Prudential eases claim settlement process in flood-hit states

The company will settle claims on the basis of only three documents