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News
ICICI Prudential Life
ICICI Prudential Life News
ICICI Prudential Life
21 Jul 2020
ICICI Prudential Life June quarter net profit marginally up at Rs 288 crore
The new business premium income fell by 32.6 percent to Rs 1,499 crore. The challenges brought about by the pandemic had an impact on new business premium during the quarter. The company's value of new business (VNB) fell by 35 per cent to Rs 201 crore in the April-June quarter of 2020-21 from Rs 309 crore in the year ago period.
ICICI Prudential Life
16 Apr 2018
ICICI Pru Life open to acquisition
Currently, there are 24 life insurance players, including Life Insurance Corporation.
Securities Appellate Tribunal (SAT)
07 Aug 2017
SAT puts off hearing on Irdai-Sahara Life to August 10
Insurance regulator Irdai had on July 28 asked private sector life insurer ICICI Prudential Life to take over the business of beleaguered Sahara Life on or before August 21.
Sahara India
01 Aug 2017
IRDAI missed early warning signals at Sahara India Life
A cursory reading of the Insurance Regulatory and Development Authority`s (IRDAI) order against Sahara India Life in 2012 shows the regulator has clearly missed the wood for the trees, officials told IANS on condition of anonymity.
ICICI Prudential Life
05 Jul 2017
ICICI Prudential keen to buy Sahara Life Insurance
ICICI Prudential Life has evinced interest to acquire troubled Sahara Group's life insurance arm Sahara Life, which has policyholder liability of Rs 900 crore.
ICICI Bank
17 Nov 2015
ICICI Bank stock gains 2% on stake sale
Shares of ICICI Bank on Tuesday surged nearly 2 percent on the bourses after the company said it will sell 6 per cent stake in its life insurance arm ICICI Prudential Life for about Rs 1,950 crore.
insurance
19 Jul 2015
Life insurance market clocks 20% growth in first quarter
After witnessing de-growth since 2010, the life insurance industry rebounded in the first quarter of the fiscal recording a robust 20 percent growth in new premium income.
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