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SUD LIFE INSURANCE
SUD Life new business premium jumps 66% to Rs 1,926 crore in FY22SUD Life is a joint venture between public sector banks -- Bank of India and Union Bank of India -- and Dai-ichi Life Japan. The life insur...- SUD Life registers 80 pc jump in new business premium to Rs 1,309 crore in Dec quarterThe company's 13th-month persistency ratio now stands at 78.77 per cent, compared with 76.34 per cent. The solvency as of December 31, 2021...
- ‘Rajesh Sud and Rajat Monga in race to head YES Bank’The central bank had cut short the term of CEO Rana Kapoor without specifying any reasons.
- A Rs 100 crore campaign for life insurance awarenessThe idea far precedes the mutual fund industry’s campaign.
- Max Life scouting for biz opportunities with insurance companies: MD Rajesh Sud"We will be looking for biz opportunities both with private and public sector banks (who are into life insurance business)," Max Life MD sa...
- Bank of India sells 18 per cent stake in insurance JV to partner Dai-ichi LifeWith this, the shareholding of BOI has come down to 30 per cent from 48 per cent in SUD. While, Union Bank of India will continue to hold 2...
- Rajesh Sud, Max Life MD, set to get severance package pegged at Rs 25 crore plusRajesh Sud is set to get a severance package exceeding Rs 25 crore in the Max Life-HDFC Life deal, about two times his annual salary.
- Term insurance gets going with online pushThe digital journey seems to be giving a vital push to pure protection or term insurance plans, which Indian consumers never desired before.
- Star Union Dai-ichi Life Insurance Company posts first profit of Rs 12.87 crore in 6 yearsPrivate insurer Star Union Dai-ichi Life Insurance Company (SUD Life) today reported its maiden profit of Rs 12.87 crore in 2014-15, in its...
- Irda unveils simplified, standard products for rural marketsIrda today unveiled simplified, standard products designed to be sold by life insurance companies through nearly one lakh Common Services C...
- Max Life profit up 17% at Rs 860 cr in FY'13Private sector Max Life Insurance today reported 17 per cent rise in profit before tax at Rs 860 crore for the year ended March 2013.
- Budget 2013: Make insurance industry attractive for both policy & shareholders, says Rajesh Sud, Max Life InsuranceSud said that the curent system of levying taxes reduces the value of money for policyholders.
- Budget 2013: Provide separate limit for life insurance premiums under section 80C, says Rajesh Sud, Max Life InsuranceThis will not only help increase life insurance penetration but at the same time galvanize long term investment funds.
- Star Union Dai-chi launches traditional endowment planSUD Life launched non-participating traditional endowment plan, Dhan Suraksha Platinum, and said it targets about Rs 300 crore premium from...
- Max New York Life H1 FY 2012 net up 8 times to Rs 375 crorePrivate insurer Max New York Life today reported a significant rise in net profit at Rs 375 crore for the first half of FY 2011-12.
- Max New York Life Insurance to hire 3000 peopleMax New York Life Insurance is planning to roll out three new insurance products this fiscal to fuel its growth and also hire 3000 people.
- Max New York Life gets regulatory approval to dilute 4% stakePrivate insurer Max New York Life today said it has received all regulatory approvals to dilute four per cent stake to its bancassurance pa...
- SUD Life total premium grew by 76 pc in FY 11Its market share among the private players has gone up to 1.93 per cent by end of FY 11 from 1.35 per cent the previous fiscal.
- NHB wants housing finance cos to take stock of their portfolioThe National Housing Bank has asked housing financing companies (HFCs) to take stock of their portfolio and examine the involvement of inte...
- SUD Life to focus on endowment policies, says its CEOStar Union Dai-ichi Life Insurance (SUD Life) plans to focus on endowment policies rather than introducing new unit-linked insurance produc...
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