Browsing tag: Insurance

ICICI Lombard General Insurance Company Ltd IPO – Company Profile, Price, Analysis, Update

18th July 2020

Update: Result Q1 FY 2020-21 ICICI Lombard General Insurance Company Limited - one of the leading private sector non-life insurers in India has announced its results after market hours yesterday, 17 July 2020. The insurance company’s total income rose nearly 2 per cent to INR 2844.17 Cr in Q1 June 2020 compared with INR 2791.08 Cr in Q1 June 2019. ICICI Lombard General Insurance Company reported a 28.5 per cent rise in net profit to INR 398.1 Cr in Q1 June 2020 compared with INR 309.81 Cr

By Vishal Dalwadi

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HDFC Standard Life Insurance Company Ltd IPO – Company Profile, Price, Analysis, Update

23rd October 2019

Update: Q2 Results FY 2019-20 The Board of Directors of HDFC Life today on 23th October 2019 approved the consolidated and standalone audited financial results for the half year ended September 30, 2019. Below is the summary of standalone results: Private Market Share: The Company expanded its market share in the private sector to 15.2 percent based on Individual WRP (weighted received premium), on the back of Y-O-Y growth of 35 percent. HDFC Life continue to rank No.1 amongst private players

By Vishal Dalwadi

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ICICI Lombard General Insurance: Result Update Q4FY19

18th April 2019

ICICI Lombard General Insurance Company Ltd - one of the leading private sector general insurance companies in India has posted its Q4FY19 numbers today. The Company's Profit after tax grew by 21.8% YoY to INR 10.49 billion in FY 2019 as against INR 8.62 billion in FY 2018. Gross Direct Premium Income (GDPI) of the Company increased to INR 144.88 billion in FY 2019 compared to INR 123.57 billion in FY 2018, registering a growth of 17.2% year-on-year basis. GDPI of the Company increased to

By Vishal Dalwadi

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The New India Assurance Company Limited IPO – Company Profile, IPO Date, Price Band, Analysis

29th October 2017

New India Assurance - the largest General Insurance company in India in terms of (1) Net Worth, (2) Domestic Gross Direct Premium, (3) Profit After Tax and (4) Number of Branches is planning to raise INR 9600 crore (1920 crore of Fresh Issue + 7680 crore of OFS) via initial public offer (IPO) New India Assurance - Company profile Incorporated in the year 1919, The New India Assurance Company Limited (NIA) is the oldest and largest General Insurance company in India. In was the year 1974 when

By Vishal Dalwadi

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General Insurance Corporation IPO – Company Profile, IPO Date, Price Band, Analysis

10th October 2017

General Insurance Corporation (GIC) - a wholly owned company by the Government of India is planning to raise INR 11,372.64 crore (1,568.64 crores of Fresh Issue + 9,804 crores of OFS) via initial public offer (IPO) General Insurance Corporation - Company Profile General Insurance Corporation of India (GIC) is the largest reinsurance company in India in terms of gross premiums accepted in Fiscal 2017, and accounted for approximately 60% of the premiums ceded by Indian insurers to reinsurers

By Vishal Dalwadi

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