Page 6 - Sbi Life Insurance

SBI Life Insurance surges 7%, hits record high after large block deals

US private equity fund CA Emerald Investments, an affiliate of Carlyle Asia Partners, is looking to sell 3.5 per cent stake in SBI Life Insurance amounting to Rs 3,308 crore, a report said

SBI Life slips on profit booking after hitting fresh 52-week high

Analysts remain watchful of the impact of the lockdowns announced in various key states due to the resurgence in Covid-19 cases

BNP Paribas Cardif offloads 5% stake in SBI Life via open market sale

The French insurer held a 5.20 per cent stake in SBI Life before selling a major part of its stake in the company

Stocks to watch: IDBI Bank, M&M, Prestige Estates, SBI Life, Quick Heal

M&M has got a green signal from the Reserve Bank of India to reduce its ownership in Korean automaker SsangYong Motor

SBI Life hits 52-week high on strong new business premium growth in Feb

SBI Life showed strong growth of more than 60 per cent in new business premium.

Life insurers' new business premium up 21% in February at Rs 22,425 crore

Private insurers saw their NBP grow by 16% during the month to Rs 9,504.64 crore, compared with Rs 8,128.51 crore in February 2020

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

SBI Life Q3 net down 40% despite surge in investment, premium income

Net premium income up almost 18%, revenue from investment rises more than 3x

Samvat 2077: Investors must look for safety first, tone down expectations

Given the sharp volatility, it is preferable to stick to leaders or top-tier players across sectors as they consolidate their position and gain market share

Growth or Margin? Life insurers' conundrum in the September quarter

Strong premium income growth of SBI Life and HDFC Life in Q2 cements the Street's conviction, and at 27.4% VNB margin I-Pru Life surprises investors

Life insurers Q2 numbers reveal a toss up between growth and profitability

Strong premium income growth of SBI Life and HDFC Life in Q2 cements the Street's conviction, and at 27.4 per cent, VNB margin I-Pru Life surprises investors

SBI Life Insurance's net profit more than doubles to Rs 299 crore

In the first half of the financial year (FY21), net profit of the insurer was up 38 per cent to Rs 690 crore over the same period a year ago

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.

Divi's Laboratories, SBI Life Insurance shares gain on Nifty inclusion

Shares of Zee Entertainment Enterprises fell 3.7 per cent and that of Bharti Infratel ended flat. The two companies will be removed from the bluechip index

Sensex ends 214 pts higher amid broad-based buying; Asian Paints gains 4%

All that happened in the markets today

Nifty rejig announcement: Divi's Lab hits all-time high, SBI Life gains 4%

For the quarter ended June 2020, Divi's Lab reported a net profit of Rs 492.06 crore on account of robust sales.

SBI Life, Divi's Laboratories to move in Nifty 50 index from Sept 25

Bharti Infratel and Zee Entertainment Enterprises will be dropped from the Nifty 50, NSE Indices said in a statement

SBI Life Insurance pre-tax profit up 2.6% to Rs 387.68 crore in Q1

The value of new business was down 29 per cent year on year to Rs 240 crore.

SBI Life Q1 net rises 5% to Rs 390 cr, new business premium income falls

There was a decline of 29 per cent in individual new business premium, while individual rated premium slipped by 36 per cent

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