Page 2 - Insurance Stocks

Weak global cues to hammer LIC listing? Here's what grey market signals

Shares of LIC were trading at a discount of Rs 15-20 a piece over its issue price of Rs 949 in the grey market ahead of its listing on Tuesday, May 17.

Trading strategies for SBI Life, ICICI Pru, HDFC Life ahead of LIC IPO

Except for Max Financial Services other insurance related shares seem to be on a weak ground, indicate technical charts.

LIC policyholders likely to get Rs 60 discount on shares, IPO opens May 2

LIC IPO price band likely to be set at Rs 902-949 a share

Budget 2022, LIC IPO update can spark up to 11% rally in insurance stocks

Shares of the major private insurers, HDFC Life and ICICI Prudential are seen testing key support levels currently.

Street likely to view general insurers favourably

Stocks of listed players ICICI Lombard and New India Assurance have lagged in FY22, so far

SBI Life dips 4% as Canada Pension Plan offloads partial stake

At 09:15 am, around 23.4 million equity shares, representing 2.34 per cent equity of SBI Life Insurance Company, changed hands via block deals on the BSE

ICICI Pru Life market cap crosses Rs 1-trillion as stock hits new high

ICICI Pru became the third insurance company to cross Rs 1 trillion market cap after HDFC Life and SBI Life.

Osho Krishan of Anand Rathi is bullish on these two insurance players

SBI LIFE has been consolidating in a narrow range near its lifetime high zone from the past few trading weeks, indicating the formation of a strong base before another round of rally

Insurance sector attracts 40% of FPI flows worth $2.35 bn in June

Insurance isn't a big sector in terms of weight, accounting for just 2.5% of FPI corpus. In comparison, nearly a third of FPI investments in the country are in banking and financial sector

Covid second wave: Insurance stocks may provide cover in a falling market

All the three insurance stocks are successfully holding the support of 200-DMA and may see upside of over 5 per cent in the near-term

GIC Re hits 52-week high, zooms 62% in a month on privatisation buzz

GIC Re is the largest reinsurer in the domestic reinsurance market in India and leads most of the domestic companies' treaty programmes and facultative placements

New India Assurance, GIC Re hit 20% upper circuit on privatization buzz

As on December 31, 2020, the government held 85.78 per cent stake in GIC RE, and 85.44 per cent holding in the New India Assurance Company.

SBI Life, HDFC Life: Insurance cos eyeing reforms, stay invested: Analysts

While on one hand the Budget proposed to increase the FDI limit in the sector to 74 per cent, it also proposed to levy capital gains tax on ULIPs rendering insurance an unattractive investment option

Life insurers play tax-free interest arbitrage game to rev up business

While most insurance schemes aren't tax-free anymore, assured return products are among the few exceptions

SBI Life rises 3% after Motilal Oswal initiates coverage with 'Buy' rating

The brokerage expects the company to maintain its cost leadership with GWP remaining at nearly 10 per cent over FY23E.

ICICI Lombard to acquire Bharti Axa General Insurance; stock slips over 1%

ICICI Lombard said Bharti AXA's existing distribution partnerships should help it increase its distribution strength.

Insurance stks gain; HDFC Life adds 5% on Nifty50 inclusion, SBI Life up 2%

HDFC Life Insurance Company will replace Anil Agarwal-controlled Vedanta in the benchmark index with effect from July 31.

ICICI Lombard, HDFC Life: What do charts indicate for insurance stocks?

Major stocks are facing resistance at a 100-day moving average (DMA).

Life Insurance stks in focus; ICICI Prudential Life, SBI Life gain up to 7%

Analysts remain certain that demand for pure protection is tend to rise, with individual customers getting more educated toward the risk that such insurance covers

HDFC Life, SBI Life: Has Chris Wood made a wrong investment call?

The recent Budget 2020 proposals came like a bolt from the blue for the life insurance firms. A knee-jerk reaction saw stocks of private life insurers plunge 6-13 per cent at the bourses on Saturday.