IRDAI approves changes in capital, ownership, solvency of insurance companiesThe Insurance Regulatory and Development Authority of India (IRDAI) has also approved a proposal to permit Private Equity (PE) funds to inv...
27 Nov, 2022, 12.32 AM IST
HDFC Life Q2 Results: Profit rises 19% YoY to Rs 326 crore, misses estimates“We have grown in line with the industry and faster than listed peers this quarter, which also led to market share improvement from 14.6% i...
21 Oct, 2022, 02.09 PM IST
Irdai grants approval to merger of Exide Life into HDFC LifeInsurance sector regulator Irdai has granted final approval to HDFC Life Insurance Company Ltd (HDFC Life) to merge Exide Life into the com...
14 Oct, 2022, 08.29 AM IST
4 reasons analysts are bullish on HDFC LifeHigher awareness of the need for protection and India’s changing demographic, with a rising proportion of insurable population, will boost ...
26 Sep, 2022, 06.30 AM IST
Insurance industry will continue to see M&A deals, new entrantsThe past developments in this sector and recent decision of the Mumbai National Company Law Tribunal (NCLT) allowing merger of Exide Life I...
18 Sep, 2022, 04.55 PM IST
HDFC Life Q1 Results: Profit jumps 21% YoY to Rs 365 cr, misses estimatesThe company said its new business margins increased to 26.8 per cent in Q1 as against 26.2 per cent in the June quarter of last year. The t...
19 Jul, 2022, 02.17 PM IST
HDFC Life completes acquisition of Exide Life; to start merger soonHDFC Life said the deal is closed subsequent to receiving all relevant regulatory approvals and it will soon initiate the merger of Exide L...
06 Jan, 2022, 07.01 PM IST
HDFC Life seeks shareholders approval to share issue to Exide IndustriesHDFC Life has convened an extra-ordinary general meeting (EGM) of the company's shareholders on September 29 to seek their approval for sha...
08 Sep, 2021, 12.53 AM IST
Insurance industry on road to progressGreater use of technology is possible and desirable. Reinsurance funds should be tapped from catastrophe bonds that distribute risk across ...
07 Sep, 2021, 11.20 PM IST
HDFC Life’s keen to expand reach, open to more M&As, says MD Vibha PadalkarHDFC Life agreed to buy Exide Life for ₹6,687 crore on Friday, marking one of the largest consolidations in the life insurance industry in ...
04 Sep, 2021, 06.48 AM IST
Exide Life acquisition ticks every box, happy to go ahead with it: Vibha Padalkar, HDFC Life"Exide Life is very strong in its agency channel as well as in some of the partnerships. Hence, that is complementary to our business. It i...
03 Sep, 2021, 04.33 PM IST
Exide Industries stock may be up for rerating after HDFC Life dealInvestec Securities says that investment in the non-related life insurance business was one of the major sticking points with investors in ...
03 Sep, 2021, 03.15 PM IST
HDFC Life-Exide Life deal positive for shareholders: Abhishek Jain“The HDFC Life-Exide Life deal is largely in line with people’s expectations.”
03 Sep, 2021, 03.08 PM IST
HDFC Life acquires Exide Life in a deal worth Rs 6,687 croreThe deal could mark the beginning of a fresh round of consolidation in the industry that’s seeing intense competition amid the rising domin...
03 Sep, 2021, 11.23 AM IST
Exide Industries soars 14% after announcing deal with HDFC LifeHDFC Life Insurance company shed 4 per cent to 728.55, before trading at Rs 739.95.
03 Sep, 2021, 11.01 AM IST
HDFC Life acquires Exide Life in stock and cash deal worth Rs 6,687 croreThe subsequent merger of Exide Life will see the firm’s promoter get a 4.1% stake in HDFC Life.
03 Sep, 2021, 10.18 AM IST
Will HDFC Life-Max Life merger trigger more M&A in insurance?Many companies like Aviva Life, Exide Life and IndiaFirst Life have been lagging behind even after eight years of operation as the strangle...
18 Jun, 2016, 06.38 AM IST