ICICI Prudential Q4 net profit surges 189%
ICICI Prudential Life Insurance reported a 189.5 per cent surge in its net profit for the fourth quarter of the Read more
ICICI Prudential
ICICI Prudential customers to get ‘clickpay’ for making insurance premium payments
ICICI Prudential Life Insurance customers will now be able to make use of the ‘ClickPay’ facility to pay their insurance Read more
OPERATIONAL CHALLENGES AND SWOT ANALYSIS OF BANCASSURANCE IN INDIA
Introduction: Liberalizations and deregulation of the financial sector, the greater use of financial engineering techniques and models, significant advances in Read more
ICICI Pru Smart Life from ICICI Prudential Life Insurance
ICICI Prudential Life Insurance has launched a new dual protection unit linked insurance plan “ICICI Pru Smart Life”. The Read more
Online user experience poor with Indian life insurers
The years of efforts by the India’s insurance regulator IRDA to ensure insurance companies make their insurance products easily understood by customers doesn’t seem to have yielded the desired results. Read more
Top insurers eye HSBC’s stake in Canara HSBC OBC Life Insurance
Leading life insurance companies such as HDFC Life, Birla Sun Life and ICICI Prudential have shown interest in purchasing HSBC’s stake in its three-cornered JV with two public sector banks. Read more
Life insurance industry’s profit doubles to Rs 5,974 cr
Even as premium income fell, the life insurance industry’s net profit more than doubled during 2011-12, at Rs 5,974 crore, against Rs 2,657 crore the previous year. Of the 24 life insurers in business during the last financial year, 14 reported profits, according to the Insurance Regulatory and Development Authority’s annual report for 2011-12. Read more
IRDA News: Life insurer’s premium mop-up drop 3.45 pc in Apr-Oct
Premium collected by life insurance companies dropped 3.45 per cent in the April-October period due to various factors that are influencing the financial sector as a whole.
As per the data released by the Insurance Regulatory and Development Authority of India (IRDA), premiums collected by 23 private sector companies and lone state-owned LIC totalled Rs 53,814.09 crore during the period. Read more
Insurance : Industry On Growth Path
Indian insurance industry is booming. With the stock market booming and with more disposable incomes in the pockets of young and the employed, life insurance in on an upswing and the industry can expect 40% growth in 2005-06 with the right strategies. Read more