ICICI Prudential Life Insurance Share Price Today : On the last day of trading for ICICI Prudential Life Insurance, the stock opened at ₹495.1 and closed at ₹491.45. The highest price reached during the day was ₹497.15, while the lowest price was ₹475.25. The market capitalization of the company stands at ₹69,036.26 crore. The 52-week high for the stock is ₹615.55, and the 52-week low is ₹380.95. The total volume of shares traded on the BSE was 97,092.Disclaimer:…
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Author: newsworm
Axis Bank, Pidilite Industries, Religare Enterprises, AU Small Finance Bank, Lupin, Airtel
Axis Bank Q3 FY24 (Standalone, YoY)NII at Rs 12,532 crore vs Rs 11,459 crore, up 9.4% (YoY).Net profit at Rs 6,071.1 crore vs Rs 5,853.1 crore, up 3.7% (YoY) (Bloomberg estimate Rs 6,117 crore).Gross NPA at 1.58% vs 1.73% (QoQ).Net NPA at 0.36% vs 0.36% (QoQ). Route Mobile Q3 Earnings FY24 (Consolidated, QoQ)Revenue at Rs 1,024.3 crore vs Rs 1,014.6 crore, up 1%.Ebitda at Rs 125.2 crore vs Rs128.1 crore, down 2.31%.Margin at 12.22% vs 12.62%.Net profit at Rs 113.6 crore vs 88.35 crore, up…
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Sompo Group’s top man to step down over auto repair scandal
Sompo Holdings’ chairman and group CEO Kengo Sakurada plans to step down at the end of March, over automobile insurance fraud at used-car dealer Bigmotor, reported Jiji Press.
Sompo Holdings president and group COO Mikio Okumura, 58, is expected to succeed Mr Sakurada as CEO, informed sources told the news agency.
The Financial Services Agency (FSA) is expected to issue business improvement orders to the holding company and subsidiary Sompo Japan Insurance regarding their…
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The New India Assurance Company share price Today Live Updates : The New
The New India Assurance Company Stock Price TodayThe New India Assurance Company Share Price Today : The New India Assurance Company’s stock opened at ₹242.75 and closed at ₹239.9 on the last day. The stock reached a high of ₹243.9 and a low of ₹235. The market capitalization of the company is ₹39,222.4 crore. The 52-week high and low for the stock are ₹261.8 and ₹94.15 respectively. The BSE volume for the stock was 22,543 shares.Disclaimer: This is an AI-generated live…
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‘Pandemic lent boost to life insurance’
India’s life insurance segment has been witnessing a spike in demand since the pandemic, said Mahesh Balasubramanian, MD, Kotak Mahindra Life Insurance Company, adding the pandemic had help raise awareness about this financial product.“The segment has been posting quantum growth, even after the pandemic,” said Mr. Balasubramanian, while launching one of the company’s new products on Tuesday. “We expect the industry to continue to grow in the mid teens,” he added. Mr….
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EmPRO Insurance expands footprint with 1st New Jersey office, in Hamilton
EmPRO Insurance Co., a subsidiary of Physicians’ Reciprocal Insurers, on Tuesday announced the opening of its first office in New Jersey, marking a significant milestone in the company’s strategic expansion plan throughout the Northeast. This new venture, based in Hamilton, is guided by Brian Kriger, EmPRO’s newly appointed vice president of underwriting.
“Our expansion into New Jersey is a natural progression in our mission to provide exceptional medical…
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Star Health & Allied Insurance share price Today Live Updates : Star Health
Star Health & Allied Insurance Stock Price TodayStar Health & Allied Insurance Share Price Today : On the last day of trading, Star Health & Allied Insurance had an open price of ₹569.4 and a close price of ₹564.75. The stock reached a high of ₹575.6 and a low of ₹561.2. The market capitalization of the company is ₹33,471.05 crore. The 52-week high for the stock is ₹674.95 and the 52-week low is ₹451.1. The stock had a trading volume of 12,827 shares on the…
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Niva Bupa premium growth may slow down to 25-30% over next 3-5 years: CEO
Niva Bupa Health Insurance, a standalone health insurer, is expecting its premium growth to slow down to 25-30 per cent over the next 3-5 years mainly due to a higher base, Krishnan Ramachandran, Managing Director & Chief Executive Officer of Niva Bupa Health Insurance, said. The health insurer is also planning to come up with their Initial Public Offering (IPO) in financial year 2024-25, though the size has not been decided yet. Click here to follow our WhatsApp channel During the…
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CCI Approves Burman Familys Religare Enterprises Stake Purchase
The Burman family plans to establish its presence in financial services through its open offer to Religare Enterprises—a holding company with four business verticals: insurance, financing, broking, and e-governance.It has a shareholding of 21.17% in Religare, as of December 2023.The family has investments across various sectors such as home healthcare, restaurants, insurance, consumer goods and FMCG.In September last year, the Burman family announced an open offer to buy 26% stake in…
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OneAdvent launches MGA Criterion – Insurance Age
Specialist managing general agent and broker services platform OneAdvent has launched Criterion, an MGA that underwrites niche classes of business.Criterion will underwrite waste management, recycling and mining business across the UK, Australia, and the Republic of Ireland, with plans to enter the US and Canada as well. Stuart Kinsella will lead Criterion in the UK as underwriting director. He previously headed the waste and recycling property team at Rokstone…
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Source: https://www.insuranceage.co.uk/insight/7954380/oneadvent-launches-mga-criterion