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.
While the pace of growth for the four listed life insurers has come down, HDFC Life and Max Life fared better
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.
Several insurers have started using the service to speak to customers, albeit informally
Prior to being CFO of ICICI Bank, he served as ED of the life insurer
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.
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.
Analysts say Jio's surprise decision to raise tariffs last month signals an end to the competitive price-cutting war
The stock moved higher by 7% to Rs 415, extending its Friday's 2% gain on the NSE
The company will settle claims on the basis of only three documents
Company made best use of the opportunity thrown up by demonetisation
New business premiums up 21% at Rs 1529 cr, persistency ratio at 78.6%, slightly down from 79.1% a year ago
Experts say offer price captured much of the valuations, leaving little room for listing gains
The stock slipped to Rs 297, down 11% against its issue price of Rs 334 per share on the NSE in intra-day trade.
The company's public issue was oversubscribed 10 times
A quick compilation of recommendations from leading brokerages on whether should you subscribe to the offer or not
ICICI Bank will bring down its stake in ICICI Prudential Life Insurance to 54% (down from 67.52% as of Sep 7) over three years
Fifth largest IPO in the domestic market
Insurer to hit the market this month; ICICI Bank to divest 12.65%; It is biggest IPO since Coal India's Rs 15,200-cr issue in Oct 2010
The insurer is a venture between banking major ICICI Bank and UK's Prudential Corporation Holdings