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Buy HDFC Life Insurance; target of Rs 690: Motilal Oswal
12+ hour, 3+ min ago (267+ words) Moneycontrol.com Buy HDFC Life Insurance; target of Rs 690: Motilal Oswal Motilal Oswal's research report on HDFC Life Insurance HDFC Life Insurance (HDFCLIFE) reported an APE of INR35.2b (in line) in 1QFY27, up 9% YoY, with individual APE growing 7% YoY and group APE…...
Buy HDFC Life Insurance Company; target of Rs 765: Prabhudas Lilladher
13+ hour, 55+ min ago (127+ words) Moneycontrol.com Buy HDFC Life Insurance Company; target of Rs 765: Prabhudas Lilladher Prabhudas Lilladher's research report on HDFC Life Insurance Company Q1FY27 APE saw a mild growth of ~9% YoY led by ULIP, NPAR and protection segments. While banca growth remained subdued…...
Private life insurers post 29% APE growth in June on stronger policy sales
1+ week, 5+ hour ago (262+ words) New policy issuance increased 11 percent in June, more than double the 5 percent growth recorded in the previous month, indicating that the improvement was supported by both higher customer acquisition and premium growth. Among listed private insurers, Axis Max Life posted…...
Prudential likely to retain stake in ICICI Pru Life despite losing promoter status
1+ week, 13+ hour ago (582+ words) Prudential Plc is expected to remain invested in ICICI Prudential Life Insurance for the foreseeable future, with the UK-based insurer unlikely to exit its stake until it sees more favourable market conditions, internal sources said. Prudential Plc's recent move to…...
Government to launch cooperative life insurance company, says Amit Shah
1+ week, 3+ day ago (556+ words) The Centre will establish a life insurance company in the cooperative sector to expand the reach of cooperatives into financial services and strengthen the ecosystem, Union Cooperation Minister Amit Shah announced on Monday. Speaking at an event marking the fifth…...
HDFC Life bullish on insurance demand as GST exemption improves affordability: Chairman Keki Mistry
3+ week, 8+ hour ago (374+ words) The removal of the goods and services tax (GST) on life insurance and the adoption of international reporting standards will significantly boost the sector by enhancing affordability, transparency and consumer trust, HDFC Life chairman Keki Mistry has said. The regulatory…...
Private life insurers’ paradox: Premiums rise, but 6.6 crore fewer Indians are covered
1+ mon, 1+ day ago (802+ words) India’s largest private life insurers are facing a paradox. At a time when the sector is reporting strong premium growth, expanding profitability and improving embedded value, its reach among Indians is shrinking. Data compiled from the annual reports of HDFC…...
Life insurers add Rs 10,000 crore premiums in April-May but policy growth remains muted
1+ mon, 6+ day ago (296+ words) Data from the Life Insurance Council shows that new business premiums rose 19.4 percent year-on-year to Rs 62,581 crore during April-May FY27. In contrast, the number of policies and schemes sold increased by just 5 percent to 29.6 lakh. The gap between premium growth and…...
Industry's term insurance growth surges 30% post-GST 2.0, ticket size up 15%: Pramerica Life CEO
1+ mon, 3+ week ago (696+ words) The life insurance industry has seen a sharp acceleration in term insurance growth after the GST overhaul, with volumes rising around 30 percent and ticket sizes growing by about 15 percent, Pramerica Life Insurance MD & CEO Pankaj Gupta has said. In an…...
Life insurers begin FY27 on strong note, April premium collections jump 39%
2+ mon, 3+ day ago (14+ words) Moneycontrol.com...
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