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News
ICICI Prudential Life: Tax Demand Upheld
4+ day, 11+ hour ago (214+ words) by ₹37.5 Crore Order InvestyWise ICICI Prudential Life: Tax Demand Upheld by ₹37.5 Crore Order ICICI Prudential Life Insurance Company Limited has received an order from the Additional Commissioner (Mumbai Central) dismissing its appeal and upholding a tax demand. The total demand,…...
ICICI Prudential Life Insurance: August 2026 Performance Update
1+ week, 5+ hour ago (139+ words) ICICI Prudential Life Insurance has released its performance update for August 2026. The company reported positive year-on-year growth across several key financial metrics, including Retail APE, NB premium, and NB sum assured. This update, submitted as per SEBI regulations, reflects the…...
RBI Approves LIC’s Acquisition of Up to 9.99% Stake in ICICI Bank
1+ week, 1+ day ago (192+ words) The Reserve Bank of India has approved the Life Insurance Corporation of India's acquisition of up to 9.99% of paid up share or voting rights in ICICI Bank, according to an exchange filing by ICICI bank. LIC, which is the applicant,…...
ICICI Bank Buys Additional 2% Stake In ICICI Prudential Life For ₹1,470 Crore
1+ week, 4+ day ago (516+ words) The step is taken as a prominent financial services company attempts to enhance its footprint in the insurance industry through more ownership. The recent deal was finalized through several transactions in the last couple of weeks and has been made…...
ICICI Bank Completes Purchase Of 2% Stake In ICICI Prudential Life For ₹1,470 Crore
1+ week, 4+ day ago (183+ words) ICICI Bank has finalized the purchase of a 2% stake in ICICI Prudential Life for ₹1,470 crore through a stock exchange transaction. The move raises ICICI Bank's stake to approximately 52.8%, securing its majority control as promoter structure undergoes regulatory reclassification. The acquisition…...
ICICI Bank Increases ICICI Prudential Life Stake to 52.8%
1+ week, 5+ day ago (204+ words) ICICI Bank: Acquires 2% Stake in ICICI Prudential Life Insurance InvestyWise ICICI Bank: Acquires 2% Stake in ICICI Prudential Life Insurance ICICI Bank Limited has announced the completion of acquiring an additional 2.00% stake in its subsidiary, ICICI Prudential Life Insurance Company Limited....
AIA Unveils Wealth Elite Life Insurance Plan 3 To Empower High-Net-Worth Customers to Protect Their Loved Ones, Prepare for the Future, and Plan for the Next Generation
1+ week, 5+ day ago (573+ words) AIA Hong Kong & Macau announced the launch of Wealth Elite Life Insurance Plan 3, a participating whole-life insurance plan designed for high-net-worth customers. Meeting the Growing Need for Longevity Wealth Elite Life Insurance Plan 3 offers coverage of over six times the…...
Valu and AXA Egypt partner to set a new regulatory benchmark with strategic Credit Life Insurance integration
1+ week, 6+ day ago (247+ words) The partnership powered by Amanleek represents a significant step in pioneering regulatory compliance within Egypt’s non-banking financial services sector. It directly aligns with the Financial Regulatory Authority’s (FRA) Board Decision No. 28 of 2026, which mandates that consumer finance companies secure insurance…...
There's Plenty More Room For Asia's HNW Life Insurance Growth??? McKinsey
1+ week, 6+ day ago (327+ words) Tom Burroughes Group Editor 1 September 2026 The consultancy takes a look at forces driving growth in the APAC life insurance market as it applies to the high net worth and ultra-HNW population cohorts. Annual high net worth individualsâ new business estimate…...
ICICI Prudential Life Insurance Share Price rises 3.21%
2+ week, 5+ day ago (614+ words) ICICI Prudential Life Insurance Company Ltd. (ICICIPRULI) rose to Rs 524.3 from the previous close of Rs 508, a move of Rs 16.3 or 3.21%. The stock opened at Rs 514.65, reached a high of Rs 525.5, recorded a low of Rs 511.95. For investors scanning Stocks…...