Life insurance industry’s new business premiums up 13% in May 2025In May 2025, India’s life insurance industry saw a 13% rise in new business premiums (NBP) to Rs 30,463 crore, despite a 10.4% drop in poli...
09 Jun, 2025, 08.36 PM IST
LIC's new business premium for FY25 grows 2% YoY to Rs 2.27 lakh croreLIC’s FY25 New Business Premium reached Rs 2.27 lakh crore, up 1.86% from Rs 2.22 lakh crore in FY24, driven by a record Rs 62,405 crore in...
23 Apr, 2025, 10.25 PM IST
SBI Life Q2 Results: PAT jumps 39% YoY to Rs 529 crore, NPI up 1%SBI Life reports a 39% YoY increase in Q2 net profit to Rs 529 crore. Net premium income grew marginally to Rs 20,266 crore, while investme...
23 Oct, 2024, 03.44 PM IST
SBI Life Q3 Results: PAT rises 6% YoY to Rs 322 crore; net premium income jumps 16%Net premium income for the third quarter increased 16% year-on-year (YoY) to Rs 22,316 crore. The growth in individual new business premium...
25 Jan, 2024, 03.08 PM IST
Reliance Jio subscribes to keeping DTH licence feeIn August, Trai recommended to the Ministry of Information and Broadcasting (MIB) that the government abolish the licence fee for DTH opera...
31 Dec, 2023, 06.54 AM IST
Can underperforming insurance companies stage a comeback as pandemic challenges recede?The insurance industry was highly impacted by the Covid-19 pandemic. The total amount of death claims paid by all insurers surpassed Rs 60,...
10 Aug, 2022, 12.14 PM IST
SBI Life Q1 Results: Profit rises 18% YoY to Rs 263 crore, meets estimatesGross written premium (GWP) for the quarter rose 35 per cent YoY to roughly Rs 11,350 crore in the June quarter, mainly due to 83 per cent ...
28 Jul, 2022, 09.53 PM IST
LIC gets 'buy' from Motilal Oswal, target at Rs 830 suggests 20% potential upsideThe brokerage has a price target of Rs 830 on the stock based on 0.8 times FY24 EV, as it expects gradual margin recovery and diversificati...
05 Jul, 2022, 10.24 AM IST
LIC IPO: How the country's largest insurer fares when compared with peersTo begin with, LIC boasts of the largest network of insurance agents in the country comprising of nearly two crore individual agents contri...
15 Feb, 2022, 01.29 PM IST
Life Insurance companies record first fall in new business premium growth since JuneLIC’s NBP declined more than 35% to ₹12,092.66 crore against ₹18,770 crore in the same period last year, the data showed. Meanwhile, privat...
10 Dec, 2020, 08.18 AM IST
Life insurance companies' new business premiums hint at industry’s revivalIn September, NBP of life insurers saw a robust 26.5% increase at Rs 25,366.32 crore against the same period last year, led by strong perfo...
09 Oct, 2020, 07.33 AM IST
LIC gains market share despite virus disruptions“The main reasons are people’s trust in LIC and its distribution reach,” said Gopal V Kumar, consulting actuary at Radgo & Company. “The ov...
14 Jul, 2020, 08.31 AM IST
Life insurance companies hit a growth bump again in MayICICI Prudential, HDFC Life & SBI Life all saw their premium incomes take a hit in May.
10 Jun, 2020, 08.16 AM IST
Life insurers record negative business growth yet again in MayInsurance industry saw a 25.3 percent year on year contraction in new business premium. However, leading companies, most notably Life Insur...
09 Jun, 2020, 06.51 PM IST
Buy SBI Life Insurance Company, target Rs 750: HDFC SecuritiesBuy SBI Life Insurance Company at a price target of Rs 750.
22 Jan, 2019, 01.46 PM IST
SBI Life's $1 billion IPO opens; what analysts sayThe insurance company has set the price band for the issue at Rs 685-700 per share.
21 Sep, 2017, 11.37 AM IST
IPO Watch: SBI Life could be a good long-term investmentSBI Life derives nearly 2/3 of new business premium from its bancassurance channel.
20 Sep, 2017, 09.19 AM IST