The insurer says its decade-long bancassurance partnership with Standard Chartered remains strong despite speculation following Prudential Plc's Bharti AXA Life acquisition
ICICI Pru Life had announced its Q1 results on Wednesday, reporting a 27.8 per cent Y-o-Y rise in net profit to ₹386.2 crore for the first quarter of FY27
HDFC Life and ICICI Prudential Life Insurance reported double-digit growth in first-quarter profit, supported by higher premium collections, investment income and healthy business growth
Higher premium collections and investment income lifted ICICI Prudential Life's Q1FY27 profit, while VNB rose 25 per cent and its margin improved to 26.7 per cent
ICICI Prudential Life reported strong June quarter performance, with growth in premiums, new business profitability and assets under management.
The Indian insurer posted a profit after tax of ₹386 crore ($40.11 million) for the three-month period ended June 30, a jump from ₹302 crore a year earlier
Growth in protection products is expected to offset the impact of GST-related input tax credit changes on life insurers, while lower combined ratios may support non-life insurers' profitability
The insurer will seek Irdai approval for the name change as Prudential Corporation Holdings begins the process of reclassification from promoter to investor
ICICI Prudential Life will seek IRDAI approval to reclassify Prudential as an investor after the UK insurer agreed to acquire a 75 per cent stake in Bharti Life Insurance
In the past one month, ICICI Prudential Life (down 18%), HDFC Life (down 12%) and SBI Life (down 9%) underperformed the Sensex, which was down 2.6% during the same period.
Prudential Plc has agreed to acquire a 75 per cent stake in Bharti Life Insurance for around ₹3,500 crore.
ICICI Prudential Life Insurance posts strong Q4 with margin expansion, but persistency pressures and channel weakness remain key risks
ICICI Prudential Life Insurance saw a nearly 58 per cent year-on-year (Y-o-Y) growth in net profit to ₹609 crore in Q4 FY26 from ₹386.3 crore in Q4FY25
Stocks to watch today: OMCs, LIC, Ujjivan SFB, Just Dial, GAIL, RailTel, ICICI Prudential, Poonawalla Fincorp, and ICICI Prudential Life Insurance Company are among the key stocks in focus today.
ICICI Prudential Life Insurance reported a 58 per cent rise in Q4FY26 net profit to Rs 609 crore, supported by higher premium income and gains from sale of its subsidiary
Q4FY26 company results: Firms including Nuvoco Vistas, Hathway Bhawani, Eimco Elecon, and Suryachakra Power are also to release their January-March earnings today
Iran-related geopolitical tensions have triggered significant notional losses in LIC's investment portfolio, weighing on its stock price, says Geojit Investments.
The futures & options market positioning reflects heavy short build-up, creating conditions for sharp but temporary short-covering rallies, says Systematix Institutional Equities.
UK-based Prudential Plc is considering a divestment of its stake in ICICI Prudential Life Insurance, its long-standing joint venture with ICICI Bank, according to a Business Standard report
In talks with BhartiAxa for possible stake buy