ICICI Prudential Life

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

Leading private sector life insurer ICICI Prudential Life on Friday raised Rs 1,200 crore in debt capital through the sale of non-convertible debentures (NCDs) -- a first for the company

ICICI Prudential Life Insurance on Tuesday reported a marginal rise in net profit at Rs 303 crore for September quarter of the current fiscal year

ICICI Prudential Life Insurance has entered into a corporate agency agreement with NSDL Payments Bank, a subsidiary of National Securities Depository Ltd (NSDL).Under the agreement, ICICI Prudential Life will provide its customer-centric protection and savings products to customers of NSDL Payments Bank.N S Kannan, the Managing Director and CEO of ICICI Prudential Life Insurance, said the key objective of both partners is to leverage technology to provide a hassle-free and immersive experience to customers."We believe our customer-centric protection and long-term savings products will enable NSDL Payments Bank customers to provide financial security to their loved ones and help them achieve their financial goals," he said in a statement on Thursday."This partnership is also a step towards fulfilling our commitment to address the huge protection gap in the country," added Kannan.Ashutosh Singh, CEO of NSDL Payments Bank, said the COVID-19 pandemic has emphasised the importance of ...

The company reported a year on year decline of 32.6 per cent in new business premium to Rs 1,499 crore in Q1FY21 compared to Rs 2,226 crore in the year ago period

ICICI Securities expects that in the semi-annual change in the Nifty50 constituents, SBI Life Insurance will enter the index, replacing Zee Entertainment (ZEEL).

The stock of Infosys is making a higher top and higher bottom pattern on the daily chart and reclaimed its long term moving average of 200-DMA which is placed at 708 levels

The results, which were announced on Saturday, saw protection business grow 35 per cent year-on-year growth in Q4

Insurer's full-year income halves to Rs 20,843 crore from Rs 41,523 crore in FY19

The Life Insurance Corporation differs from its listed peers in a number of ways, and these should be factored into its valuation prior to its proposed initial public offering

While ICICI Lombard enjoys better earnings predictability and stable growth, the Street prefers the stock of ICICI Prudential Life

Decision to adopt an SIP-like model for ULIPs could keep premium flows soft in the near term

Total premium revenue grew by 13 per cent during the first quarter of FY19 to Rs 55.18 billion compared to Rs 48.8 billion in Q1 of FY18

Even market share fell from 6.9% at the end of May 2017 to 5% in May 2018

Change in product mix and cost control boosts profit margin by 640 bps in FY18; embedded value also surges

Company will in due course intimate the new customers on various touch points and manner of service

After trading at a discount on listing, stock has gained 27%

The market has been quick to spot the improvement at ICICI Prudential Life Insurance Company (IPru) in recent months, given the stock's over 30 per cent gains in 2017. The good set of numbers for the March 2017 quarter (Q4) on all fronts - growth as well as profitability, lend further comfort. And if analysts are to be believed, there is more steam left in the stock for long-term investors.Annualised premium equivalent or APE, which reflects an insurance company's premium collections, grew at a strong 31 per cent in Q4 on the back of rising market share. Already the leading private life insurance company, IPru grew its market share of retail weighted received premium at 12 per cent in FY17 from 11.3 per cent in FY16. Retail weighted received premium is the sum of first year premiums on regular premium (individual) policies. These gains are driven by strong growth in financial savings as well as continued traction in the protection business (3.9 per cent of APE). Protection business' ..

Net premium income of company rose 28.9% to Rs 5,698 crore during third quarter of 2016-17

Overpricing and weak markets blamed for the poor show