Page 7 - Sbi Life Insurance

New India Assurance, GIC rally up to 8% as govt may raise FDI limit to 74%

That apart, 37.2 per cent year-on-year (YoY) growth in new premiums between April-November further boosted buying sentiment.

SBI Life slumps 6% as Carlyle Group sells share worth Rs 2,814 crore

The PE firm had acquired the stake in March from BNP Paribas for Rs 5,445 crore

Carlyle Group sells 3% stake in SBI Life in open market for Rs 2,800 cr

The shares were offloaded at an average price of Rs 938.83, valuing the transaction at Rs 2,816.5 crore, the data showed

SBI Life slips 6% after 3% equity changes hands in multiple block deals

Earlier, reports said that Carlyle Group was looking to sell 3 per cent of its stake in SBI Life in the price range Rs 930-940 apiece, a 6-7 per cent discount to Monday's closing price.

SBI Life, ICICI Pru Life to enter MSCI India index. What should you do?

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.

SBI Life Insurance joins Rs 1-trillion m- cap club, stock hits record high

In a note on Tuesday, Morgan Stanley said SBI Life could be among the three stocks that could be included in the MSCI India index.

SBI Life hits new high on strong Q2 results, rallies 10% in two days

SBI Life reported strong growth of 33.3 per cent year-on -year (YoY) and 17.5 per cent YoY in gross written premium (GWP) and new business annualized premium equivalent (APE), respectively in Q2FY20

SBI Life: Street upbeat over sturdy H1FY20; stock hits all-time high

Stock at life high with the potential for further gains after firm posts strong growth in business

Nifty outlook and stock pick by Angel Broking: Buy SBI Life, Sudarshan Chem

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.

SBI Life offer for sale to fetch Rs 3,500 crore; stock falls marginally

Following the share sale, SBI's stake in SBI Life will fall from 62.1 per cent to 57.6 per cent

SBI Life Insurance shares slip 2% as SBI's two-day OFS begins

SBI plans to raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life to comply with the minimum public shareholding norms.

SBI Life extends rally on strong June quarter earnings

In the past six months, the stock has rallied 48 per cent, as compared to a 5 per cent rise in the S&P BSE Sensex

SBI Life Insurance hits record high; surges 34% thus far in FY20

The stock of the insurance company was trading at its highest level since October 3, 2017

SBI Life share sale subscribed 3.4 times; stock ends 5% lower at Rs 675

The selling shareholder in the OFS was BNP Paribas Cardif, a joint venture partner in SBI Life

Time to take money out of India's stocks, says SBI Life Insurance CIO

As the euphoria generated by Modi's re-election settles down, investors are turning their attention to how the new government plans to bolster a slowing economy

Pensioners in Rajasthan duped into buying SBI Life Insurance Policies

Officials assured them it's a better plan than fixed deposits and misrepresented their annual income in order to fulfil the eligibility criteria

BNP Paribas Cardiff may trim stake in SBI Life; stock hits new low

The stock slipped 6% to Rs 553 on the BSE in intra-day trade after the company said that BNP Paribas Cardiff may trim stake in the company to comply with minimum shareholding norms.

SBI Life eyes 25% growth in FY19, leans on Ulip, pure protection products

SBI Life Insurance, a JV between State Bank of India and BNP Paribas Cardif S.A., is targeting to grow its new business premium (NBP) by 25 per cent in 2018-19. The growth will be driven by ULIP and pure protection products.Speaking to Business Standard after inaugurating company's new regional office in Chennai Sanjeev Nautiyal, managing director and CEO of the company, said that individual new business premium grew 30 per cent annually in Fiscal 2018 to touch Rs 84.1 billion as compared to Rs 64.7 billion and for Fiscal 2019, the target is to achieve Rs 105 billion.ULIP products accounted for 77 per cent in 2016-17 and currently it contributes around 73 per cent as the company is cautious approach to increase the contribution of pure protection products.Company says that in the pure protection profitability is good, though ticket size is small.The ULIP and protection, traditional policy with protection and a couple of other combinations would be among those.He said the company is ...

SBI Life Insurance Q3 standalone net rises 21% to Rs 2.3 billion

SBI Life said the increase in net premium income was primarily due to increase in retail new business premium and also due to increase in renewal premium from retail business

SBI Life bets on metals, oil and gas sectors for investment growth

SBI Life is a joint venture between top Indian lender State Bank of India and BNP Paribas Cardif, and went public last month after a $1.3 billion initial public offering