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ICICI Prudential Life records loss of Rs 185 crore in Q1 FY22

ICICI Prudential Life records loss of Rs 185 crore in Q1 FY22
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United Kingdom , Prudential Corporation Holdings , Prudential Life Insurance Company , Life Insurance Company , New Business , Life Insurance , Capital Market , ஒன்றுபட்டது கிஂக்டம் , விவேகமான நிறுவனம் ஹோல்டிங்ஸ் , விவேகமான வாழ்க்கை காப்பீடு நிறுவனம் , வாழ்க்கை காப்பீடு நிறுவனம் , புதியது வணிக , வாழ்க்கை காப்பீடு , மூலதனம் சந்தை ,

ICICI Prudential Life Q4 PAT drops 65% to Rs 63 cr

On a consolidated basis, ICICI Prudential Life Insurance Company net profit tanked 65% to Rs 62.51 crore on 364.6% surge in total income to Rs 19,898.29 crore in Q4 FY21 over Q4 FY20.
On a standalone basis, the net profit tumbled 64.5% to Rs 63.78 crore on 364.5% surge in total income to Rs 19,897.44 crore in Q4 FY21 over Q4 FY20. The company s net premium income increased by 13.40% to Rs 11,879.28 crore in Q4 FY21 over Rs 10,475.12 crore in Q3 FY20.
New business Annualised Premium Equivalent (APE) grew 27% Y-o-Y (year-on-year) in Q4 FY2021 to Rs 2,509 crore, on the back of 108% Y-o-Y growth in March 2021 to Rs 1,101 crore.
New business sum assured jumped 22.1% Y-o-Y to Rs 2,05,184 crore in Q4 FY2021 along with an expansion in new business premium by 22.9% to Rs 5,133 crore in the same period. The company was able to strengthen its position as the private sector market leader in terms of new business sum assured, with a market share of 13% in 11M FY2021, rising 11.8% ....

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ICICI Pru Life Q3 PAT rises 1% YoY to Rs 305 cr

ICICI Prudential Life Insurance Company posted 1% rise in standalone net profit to Rs 305.55 crore in Q3 FY21 compared with Rs 302.46 crore in Q3 FY20.The insurance company s total income jumped 119% to Rs 28,760 crore in Q3 FY21 as against Rs 13,132 crore in Q3 FY20. The company s net premium income increased by 10.3% to Rs 8970.84 crore in Q3 FY21 over Q3 FY20. The result was announced after market hours yesterday, 27 January 2021.
The company s profit before tax stood at Rs 350.74 crore in Q3 FY21, 8.5% higher than Rs 323.16 crore in Q3 FY20. Current tax expense was sharply higher at Rs 45.19 crore in Q3 FY21 from Rs 20.7 crore in Q3 FY20. ....

United Kingdom , Prudential Corporation Holdings , Icici Prudential Life Insurance Company , Life Insurance Company , Annualised Premium Equivalent , Non Performing Assets , Life Insurance , Capital Market , ஒன்றுபட்டது கிஂக்டம் , விவேகமான நிறுவனம் ஹோல்டிங்ஸ் , இஸிசீ விவேகமான வாழ்க்கை காப்பீடு நிறுவனம் , வாழ்க்கை காப்பீடு நிறுவனம் , அல்லாத நிகழ்த்துகிறது சொத்துக்கள் , வாழ்க்கை காப்பீடு , மூலதனம் சந்தை ,

AU Small Finance Bank partners ICICI Prudential Life for insurance solutions

AU Small Finance Bank (AU Bank) aims to deliver paperless life insurance solutions to its more than 18 lakh customers through digital platform with ICICI Prudential Life Insurance.
Shares of AU Bank rose 0.50% to Rs 860.25 while ICICI Prudential Life Insurance Company fell 0.93% to Rs 496.20.
Over 700 banking touch points of AU Bank across 13 states and 2 union territories will receive the entire suite of customer-centric protection and long-term savings products of ICICI Prudential Life for retirement and critical illness. AU Bank s strong presence in urban, unserved, and remote regions will strengthen distribution network of ICICI Prudential Life Insurance. The announcement was made after market hours yesterday, 28 December 2020. ....

Union Territories , Prudential Corporation Holdings , Prudential Life Insurance Company , Au Bank , Au Small Finance Bank , Finance Bank , Life Insurance Company , Life Insurance , Prudential Corporation , Capital Market , தொழிற்சங்கம் பிரதேசங்கள் , விவேகமான நிறுவனம் ஹோல்டிங்ஸ் , விவேகமான வாழ்க்கை காப்பீடு நிறுவனம் , ஆ வங்கி , ஆ சிறிய நிதி வங்கி , நிதி வங்கி , வாழ்க்கை காப்பீடு நிறுவனம் , வாழ்க்கை காப்பீடு , விவேகமான நிறுவனம் , மூலதனம் சந்தை ,

ICICI Prudential's assets under management cross Rs 2 trillion

ICICI Prudential's assets under management cross Rs 2 trillion
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Prudential Corporation Holdings , விவேகமான நிறுவனம் ஹோல்டிங்ஸ் ,