LIC net profit jumps to Rs. 9,543 crore in Q1
LIC’s has reported a standalone net profit at Rs 9,543.71 crore for the quarter ended June as against a profit Read more
net profit
Star Health insurance posts Rs. 93 cr Q2 net profit
Star Health and Allied Insurance Company maintained its profitability for the second quarter in a row. The Chennai-based insurer posted Read more
LIC Q4 net profit down 18% to Rs. 2.371 crore
Life Insurance Corporation of India said its consolidated net profits for the quarter ended March stood at Rs 2,409.39 crore, Read more
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 Lombard posts marginal rise in net profit in Q3
The country’s largest private sector general insurer, ICICI Lombard General Insurance, has reported a marginal 1.28 per cent increase in Read more
GIC Re sees over fourfold jump in net profit Rs. 1,010 crore in Q2
General Insurance Corporation of India Limited (GIC Re) reported four-fold jump in its net profit to Rs.1,010.55crore for the quarter Read more
SBI Life Insurance net profit up 5%
SBI Life Insurance reported a 5.1 per cent jump in net profit at Rs. 390.89 crore in the first quarter Read more
Reliance General Insurance reports net profit of Rs. 160mn in December quarter
Private sector non-life insurer Reliance General Insurance has reported a net profit of Rs. 160 million for the quarter ended December 31, 2012, against a loss of Rs. 340 million in the year-ago period. Read more
New India Assurance turns around, reports net profit of Rs 517 cr
New India Assurance, the largest general insurance company in India, has reported a net profit of Rs 517 crore in the third quarter ended December 2012 on rising premium income and improved operational efficiency. It had posted a loss of Rs 177 crore in the corresponding period of previous fiscal. 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