Search result for 'premium income'

HDFC Life Q4 Profit Up 16% to Rs 477 Cr

April 17, 2025 15:58

HDFC Life Insurance reported a 16% rise in standalone net profit to Rs 477 crore in Q4 FY25, driven by strong premium income. The company also declared a final dividend of Rs 2.10 per share.

ICICI Lombard Q4 Net Profit Slips 2% to Rs 510 Cr

April 15, 2025 21:40

ICICI Lombard's net profit declined by 2% to Rs 510 crore in Q4 FY25, while total income rose to Rs 5,851 crore. The company also declared a final dividend of Rs 7 per share.

ICICI Prudential Life Q4 Profit Doubles to Rs 386 cr

April 15, 2025 19:56

ICICI Prudential Life reported a 2-fold rise in Q4 net profit to Rs 386 crore, driven by lower expenses. The insurer's net premium income also increased, while assets under management stood at Rs...

Galaxy Health Insurance Launches New Products Monthly

April 13, 2025 14:46

Galaxy Health Insurance aims to launch a new product every month, focusing on wellness and customer service. They aim to become a leader in the health insurance market, particularly in southern India.

Galaxy Health Insurance Targets Rs 200 Cr Premium This Fiscal

April 6, 2025 13:12

Galaxy Health Insurance aims to deepen its presence in the domestic market, targeting Rs 200 crore premium income this fiscal. The company, backed by Venu Srinivasan and V Jagannathan, plans to...

LIC to Buy Stake in Health Insurer Before March 31

March 18, 2025 15:32

LIC is in final talks to buy a stake in a health insurer before March 31, CEO Siddhartha Mohanty announced. The move comes as life insurance companies are not currently allowed to offer health...

LIC Q3 Profit Jumps 17% to Rs 11,056 Crore

February 7, 2025 19:39

LIC's net profit surged by 17% to Rs 11,056 crore in Q3 FY25, driven by a reduction in expense ratio. The insurer also saw growth in AUM and solvency ratio.

LIC Q3 Profit Jumps 17% to Rs 11,056 Crore

February 7, 2025 17:24

LIC's net profit for the third quarter of FY2024-25 rose 17% to Rs 11,056 crore, while its net premium income declined. Read more.

Shriram Life Posts 49% Rise in Retail New Business

February 6, 2025 18:49

Shriram Life Insurance Company Ltd reported a 49% increase in retail new business for the April-December 2024 period, reaching Rs 865 crore, the company said on Thursday.

ICICI Pru Life Stock Plunges 9% After Earnings

January 22, 2025 11:13

ICICI Prudential Life Insurance shares fell 9% on Wednesday after its Q3 earnings disappointed investors. The company reported a 43% surge in net profit to Rs 326 crore, but investors were...

ICICI Pru Life Q3 Profit Surges 43% to Rs 326 Crore

January 21, 2025 20:00

ICICI Prudential Life Insurance reported a 43% jump in net profit to Rs 326 crore for the third quarter ended December 2024, driven by strong premium income and asset growth.

India Economy to Grow 7% in FY25, Insurance Premium to Rise: Moody's

January 20, 2025 18:43

Moody's forecasts India's economy to grow 7% in FY25, driving insurance premium growth due to robust expansion and rising demand for health insurance.

ICICI Lombard Q3 Net Profit Surges 68% to Rs 724 Cr

January 17, 2025 19:21

ICICI Lombard's net profit jumped 68% to Rs 724 crore in Q3 FY25, driven by strong performance. Gross premium income declined slightly, while solvency ratio remained healthy.

SBI Life Q3 Profit Surges 71% to Rs 551 Crore

January 17, 2025 16:25

SBI Life Insurance reported a 71% jump in net profit to Rs 551 crore for the third quarter ended December, driven by higher new and renewal premiums. Learn more.

HDFC Ergo Targets 18% Growth in Retail Health Insurance | FY25

December 5, 2024 19:07

HDFC Ergo aims for an 18% increase in retail health insurance premium income in FY25. The insurer earned Rs 4,000 crore in the last fiscal, with a market share of 9%.

LIC Q2 Profit Slips 4% to Rs 7,621 Crore

November 8, 2024 17:04

LIC's net profit declined 3.8% to Rs 7,621 crore in Q2 FY24, driven by lower other income. Total income rose, while solvency ratio improved to 198%.

ICICI Lombard Aims for Retail Health Insurance Growth with Innovative Products

August 22, 2024 17:42

ICICI Lombard General Insurance is focusing on product innovation to increase its retail share in the health insurance market, with new offerings like 'Elevate Health' and 'Infinite Claim Amount'...

LIC to Invest Rs 1.30 Lakh Crore in Stocks in FY25

August 11, 2024 15:31

LIC, India's largest life insurer, plans to invest around Rs 1.30 lakh crore in the stock market during the current financial year, driven by strong market performance and increased AUM. The...

LIC Shares Rise 1% After Strong Q1 Profit

August 9, 2024 16:45

LIC shares gained nearly 1% on Friday after the company reported a 10% rise in net profit for the June 2024 quarter. The stock climbed 3% in early trade before settling higher.

LIC Shares Surge 3% After Strong Q1 Earnings

August 9, 2024 11:43

LIC shares climbed 3% on Friday after the company reported a 10% rise in net profit to Rs 10,461 crore in the June 2024 quarter. The company also saw a significant increase in total income and AUM.

ICICI Prudential Shares Surge 9% on Strong Q1 Earnings

July 24, 2024 17:45

ICICI Prudential Life Insurance shares soared nearly 9% after reporting a 9% rise in profit for the June quarter, reaching a 52-week high. The company's net premium income and new business value...

ICICI Pru Life Q1 PAT Up 9% to Rs 224.34 cr | Business News

July 23, 2024 21:35

ICICI Prudential Life Insurance reported a 9% rise in profit after tax (PAT) for the June quarter at Rs 224.34 crore, driven by a 15.1% increase in policies sold.

Life Insurance Premiums Surge 23% in Q1 FY25

July 8, 2024 18:33

Life insurance new business premiums in India rose 23% in Q1 FY25, driven by strong demand for individual policies. Read more about the growth in premium collection and policy issuances.

Shriram Life Declares Rs 201 Cr Bonus in FY'24

June 11, 2024 17:04

Shriram Life Insurance has declared a Rs 201 crore bonus for FY'24, benefiting 3.86 lakh policyholders. The bonus was driven by robust growth in premium income and new business policies.

LIC to Enter Health Insurance, Explore Inorganic Options

May 28, 2024 13:37

LIC Chairman Siddhartha Mohanty announced plans to enter the health insurance segment and explore inorganic options. The company is also expecting composite licenses to be permitted, allowing...

General Insurance Premium to Reach Rs 3.7 Lakh Cr by FY26: Report

May 27, 2024 18:52

India's general insurance sector is projected to grow by 32% to Rs 3.7 lakh crore by FY26, driven by strong private insurer growth and a recovering motor segment.

Non-Life Insurance Premium Up 13% in FY24: Rs 2.89 Lakh Cr

May 10, 2024 18:05

India's non-life insurance sector witnessed a 13% rise in premium collection in FY24, reaching Rs 2.89 lakh crore. General insurers collected Rs 2.45 lakh crore, while standalone health insurers...

SBI Life Q4 Profit Up 4% to Rs 811 Cr - Business News

April 26, 2024 17:08

SBI Life Insurance reported a 4% rise in net profit to Rs 811 crore for the fourth quarter ended March 2024, driven by modest growth in value of new business. Total income rose to Rs 37,567 crore...

ICICI Prudential Shares Fall After Earnings

April 24, 2024 16:38

ICICI Prudential shares closed nearly 3% lower on Wednesday after the company reported a 26% drop in net profit for the March quarter. The stock was down 2.71% on the BSE and 2.66% on the NSE.

ICICI Prudential Life Q4 Net Profit Dips 26% to Rs 174 cr

April 24, 2024 12:06

ICICI Prudential Life's net profit declined by 26% to Rs 174 crore in Q4 FY24 due to higher expenses. Net premium income rose 17% to Rs 14,788 crore.

ICICI Prudential Shares Plunge 7% After Earnings

April 24, 2024 11:14

ICICI Prudential shares fell nearly 7% on Wednesday after the company announced a 26% drop in net profit for the quarter ended March 31. The insurer's net premium income rose 17% to Rs 14,788 crore...

ICICI Prudential Shares Plunge 7% After Earnings

April 24, 2024 10:50

ICICI Prudential shares dropped nearly 7% after the company reported a 26% decline in net profit for the quarter ended March 31. The insurer's net premium income rose 17% but expenses increased 10%.

HDFC Life Q4 Profit Up 15% to Rs 412 Crore

April 18, 2024 15:46

HDFC Life Insurance reported a 14.7% rise in net profit to Rs 412 crore in the fourth quarter ended March 2024. Total income surged to Rs 27,893 crore.

ICICI Lombard Q4 Profit Up 18.9% to Rs 520 Cr

April 17, 2024 20:54

ICICI Lombard General Insurance reported a strong Q4 FY24 with net profit rising 18.9% to Rs 520 crore. The company is optimistic about FY25 growth, driven by industry tailwinds and a focus on...

ICICI Lombard Q4 Net Profit Jumps 18.9% - Business News

April 17, 2024 19:10

ICICI Lombard General Insurance reported an 18.9% increase in its March quarter net profit to Rs 520 crore. Read more about their financial performance.

LIC Expects Rs 25,464 Cr Income Tax Refund in Q4

February 11, 2024 17:40

LIC expects to receive a Rs 25,464 crore income tax refund in Q4, boosting its bottom line. The refund is related to interim bonuses to policyholders. LIC also reported a 49% jump in net profit for...

LIC Q3 Profit Surges 49% to Rs 9,444 Crore

February 9, 2024 21:37

LIC reported a 49% jump in net profit to Rs 9,444 crore in Q3 FY24, driven by higher net premium income. Its AUM also increased to Rs 49.66 lakh crore, registering a growth of 12%.

LIC Q2 Net Profit Surges 49% to Rs 9,444 Crore

February 8, 2024 22:20

LIC's net profit for Q2 FY24 rose 49% to Rs 9,444 crore, driven by higher net premium income. The insurer's AUM also increased to Rs 49.66 lakh crore.

LIC Q2 Net Profit Surges 49% to Rs 9,444 Crore

February 8, 2024 18:13

LIC's net profit jumped 49% to Rs 9,444 crore in Q2 FY24, driven by increased premium income. Read more about LIC's financial performance.

Star Health Q3 Profit Surges 38% to Rs 290 cr

January 30, 2024 22:40

Star Health and Allied Insurance reported a 38% jump in net profit to Rs 290 crore in the December quarter, driven by strong premium growth and investment gains.

Shriram General Insurance Net Profit Soars 51% in Q3

January 30, 2024 17:25

Shriram General Insurance's net profit jumped 51% to Rs 117 crore in Q3, driven by higher premium income, market gains, and improved claims management.

SBI Life Net Profit Soars 15% to Rs 1,083 Cr in Q3

January 25, 2024 19:33

SBI Life, India's largest private life insurer, reported a strong 15% increase in net profit for the December quarter, driven by robust performance in premiums and margins. Read more.

ICICI Prudential Shares Plunge 5% After Q3 Earnings

January 18, 2024 16:08

ICICI Prudential Life Insurance shares closed over 5% lower on Thursday after reporting flat net profit in the December quarter. The stock tumbled 10% during the day before recovering slightly.

ICICI Prudential Shares Plunge 10% After Q3 Earnings

January 18, 2024 10:55

ICICI Prudential Life Insurance shares fell 10% on Thursday after the company reported a flat net profit of Rs 227 crore in the December quarter. The stock's market valuation also took a hit.

ICICI Prudential Life Q3 Profit Flat at Rs 227 Crore - PTI

January 17, 2024 20:59

ICICI Prudential Life Insurance reported a flat net profit of Rs 227 crore for the third quarter ended December 2023. The company's net premium income increased to Rs 9,929 crore.

ICICI Lombard Q3 Profit Up 22.4% to Rs 431 cr

January 16, 2024 21:02

ICICI Lombard General Insurance Company reported a 22.4% year-on-year growth in net income at Rs 431 crore in the December quarter, driven by higher premium income and market gains.

Insurance Premium to Double by FY34: Report

January 16, 2024 18:03

India's insurance sector is projected to grow over 7% annually, with premium income doubling to USD 450 billion by FY34, driven by rising awareness and low penetration.

LIC Receives Rs 25,464 Cr Income Tax Refund

January 12, 2024 19:38

Life Insurance Corporation of India (LIC) has received a Rs 25,464 crore income tax refund related to interim bonus payments to policyholders over the past seven years.

HDFC Life Profit Jumps 16% to Rs 365 cr in Dec Quarter

January 12, 2024 17:30

HDFC Life Insurance reported a 16% rise in net profit to Rs 365 crore in the December quarter, driven by strong investment gains. Read more.

Life Insurers Premium Income Rises 13% to Rs 7.83 Lakh Crore in FY23

December 27, 2023 22:03

Life insurance companies in India saw premium income rise by 12.98% to Rs 7.83 lakh crore in FY23, driven by strong growth in new business premiums. The report also highlights the performance of...

LIC Shares Surge 10%, Market Cap Jumps Rs 37,855 Cr

November 24, 2023 19:01

LIC shares rallied nearly 10% on Friday, defying market trends. The company's market valuation jumped Rs 37,855 crore. LIC plans to launch new products for double-digit growth.

LIC to Launch New Products for Double-Digit Growth in FY24

November 23, 2023 15:47

LIC plans to launch 3-4 new products, including one with assured returns and life-long benefits, aiming for double-digit growth in new business premium in FY24. The new products will focus on...

Navi Mumbai Airport Inauguration: CIDCO Reviews Progress

Nirmala Sitharaman's US & Peru Trip: G20, IMF, & Bilateral Talks

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Search result for 'premium income'

HDFC Life Q4 Profit Up 16% to Rs 477 Cr

ICICI Lombard Q4 Net Profit Slips 2% to Rs 510 Cr

ICICI Prudential Life Q4 Profit Doubles to Rs 386 cr

Galaxy Health Insurance Launches New Products Monthly

Galaxy Health Insurance Targets Rs 200 Cr Premium This Fiscal

LIC to Buy Stake in Health Insurer Before March 31

LIC Q3 Profit Jumps 17% to Rs 11,056 Crore

LIC Q3 Profit Jumps 17% to Rs 11,056 Crore

Shriram Life Posts 49% Rise in Retail New Business

ICICI Pru Life Stock Plunges 9% After Earnings

ICICI Pru Life Q3 Profit Surges 43% to Rs 326 Crore

India Economy to Grow 7% in FY25, Insurance Premium to Rise: Moody's

ICICI Lombard Q3 Net Profit Surges 68% to Rs 724 Cr

SBI Life Q3 Profit Surges 71% to Rs 551 Crore

HDFC Ergo Targets 18% Growth in Retail Health Insurance | FY25

LIC Q2 Profit Slips 4% to Rs 7,621 Crore

ICICI Lombard Aims for Retail Health Insurance Growth with Innovative Products

LIC to Invest Rs 1.30 Lakh Crore in Stocks in FY25

LIC Shares Rise 1% After Strong Q1 Profit

LIC Shares Surge 3% After Strong Q1 Earnings

ICICI Prudential Shares Surge 9% on Strong Q1 Earnings

ICICI Pru Life Q1 PAT Up 9% to Rs 224.34 cr | Business News

Life Insurance Premiums Surge 23% in Q1 FY25

Shriram Life Declares Rs 201 Cr Bonus in FY'24

LIC to Enter Health Insurance, Explore Inorganic Options

General Insurance Premium to Reach Rs 3.7 Lakh Cr by FY26: Report

Non-Life Insurance Premium Up 13% in FY24: Rs 2.89 Lakh Cr

SBI Life Q4 Profit Up 4% to Rs 811 Cr - Business News

ICICI Prudential Shares Fall After Earnings

ICICI Prudential Life Q4 Net Profit Dips 26% to Rs 174 cr

ICICI Prudential Shares Plunge 7% After Earnings

ICICI Prudential Shares Plunge 7% After Earnings

HDFC Life Q4 Profit Up 15% to Rs 412 Crore

ICICI Lombard Q4 Profit Up 18.9% to Rs 520 Cr

ICICI Lombard Q4 Net Profit Jumps 18.9% - Business News

LIC Expects Rs 25,464 Cr Income Tax Refund in Q4

LIC Q3 Profit Surges 49% to Rs 9,444 Crore

LIC Q2 Net Profit Surges 49% to Rs 9,444 Crore

LIC Q2 Net Profit Surges 49% to Rs 9,444 Crore

Star Health Q3 Profit Surges 38% to Rs 290 cr

Shriram General Insurance Net Profit Soars 51% in Q3

SBI Life Net Profit Soars 15% to Rs 1,083 Cr in Q3

ICICI Prudential Shares Plunge 5% After Q3 Earnings

ICICI Prudential Shares Plunge 10% After Q3 Earnings

ICICI Prudential Life Q3 Profit Flat at Rs 227 Crore - PTI

ICICI Lombard Q3 Profit Up 22.4% to Rs 431 cr

Insurance Premium to Double by FY34: Report

LIC Receives Rs 25,464 Cr Income Tax Refund

HDFC Life Profit Jumps 16% to Rs 365 cr in Dec Quarter

Life Insurers Premium Income Rises 13% to Rs 7.83 Lakh Crore in FY23

LIC Shares Surge 10%, Market Cap Jumps Rs 37,855 Cr

LIC to Launch New Products for Double-Digit Growth in FY24

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