Tag
Life Insurance
21 articles
Life insurance companies in India are navigating a period of strategic shifts and robust growth. Prudential Plc is poised to acquire a 75% stake in Bharti Life Insurance for ₹3,500 crore, a move that will require Prudential to divest its 21.91% stake in ICICI Prudential Life, while ICICI Bank intends to retain majority ownership. Meanwhile, Axis Max Life reported a 26% increase in Value of New Business and a 19% growth in Individual Adjusted First Year Premium, demonstrating strong momentum in the sector. These developments, alongside dividend declarations from ICICI Prudential Life and earnings growth from SBI Life, signal a dynamic landscape for life insurers as they adapt to regulatory changes and pursue strategic expansion.
ICICI Prudential Allots 29,301 ESOP Shares
ICICI Prudential Life Insurance allotted 29,301 equity shares under two employee stock option schemes on May 19, 2026.
The allotment comprised 9,900 shares under the 2005 ESOP Scheme and 19,401 shares
Prudential Plc Acquires 75% Stake in Bharti Life
Prudential Plc enters SPAs to acquire a 75% controlling stake in Bharti Life Insurance for ~₹3,500 crore.
Regulatory approval requires Prudential to reduce its 21.91% stake in ICICI Prudential Life to
Prudential to Acquire 75% Stake in Bharti Life
Prudential Corporation Holdings, a 21.91% promoter of ICICI Prudential Life, will acquire a 75% controlling stake in Bharti Life Insurance for ₹3,500 crore.
Regulatory approvals for the acquisition ar
Canara HSBC Life Insurance Investor/Analyst Meet Intimation
Canara HSBC Life Insurance intimates two upcoming investor/analyst meets, one virtual and one physical.
The company confirms no unpublished price sensitive information will be shared during the meetin
ICICI Prudential Life Insurance Declares ₹1.65 Final Dividend
Board approved final dividend of ₹1.65 per equity share for FY2026, subject to AGM approval.
Fixed June 5, 2026 as record date for determining shareholder eligibility for dividend payment.
26th Annual
Axis Max Life FY26 VNB Up 26% to ₹2,647 Crores
Max Financial Services reports 17% YoY consolidated revenue growth excluding investment income to ₹38,039 crores for FY26.
Axis Max Life achieves 19% YoY growth in Individual Adjusted First Year Premi
Max Financial Services FY26 Revenue Up 17%
Max Financial Services Ltd reported FY26 revenue excluding investment income of ₹38,039 crore, a 17% YoY growth, with consolidated PAT at ₹106 crore.
Axis Max Life Insurance VNB grew 26% to ₹2,647 cro
ICICI Prudential Life April Premiums Up 24.6%
ICICI Prudential Life reported April 2026 performance with 24.6% YoY growth in retail weighted received premium to ₹4.21 billion.
New business premium grew 25.6% YoY to ₹12.96 billion, while new busin
Max Financial Services Q4 & FY26 Earnings Call Schedule
Max Financial Services schedules earnings call for May 13, 2026, to discuss Q4 & FY26 financial results.
Senior management from both MFSL and subsidiary Axis Max Life Insurance will participate in the
Canara HSBC Life FY26 Analyst Meet Transcript
Canara HSBC Life Insurance disclosed availability of Q4 FY26 analyst meet transcript discussing audited financial results.
The analyst meet was conducted via audio conference on April 28, 2026, conclu
SBI Life Q4 FY26 New Business Premium Up 20%
SBI Life reported a 20% YoY growth in new business premium to INR425.5 billion for FY26, with a private market share of 21.4%.
Profit after tax grew 2% to INR24.7 billion, while Value of New Business
Canara HSBC Life FY26 Gross Premium Crosses ₹10,000 Crore
Canara HSBC Life reported 19% YoY growth in Individual Weighted Premium Income to ₹2,593 crore for FY26.
Value of New Business surged 41% YoY to ₹627 crore with VNB margin improving to 22.4% from 19.1
Canara HSBC Life FY26 Net Profit ₹126.6 Crore
Board approved audited FY26 results with net profit of ₹126.6 crore and recommended final dividend of ₹0.40 per share.
Company issued ₹250 crore subordinated NCDs at 8.15% coupon rate in March 2026 to
Canara HSBC Life Q4 Net Profit ₹347 Crore, Recommends Dividend
Board approved audited FY26 results with net profit of ₹1,266 crore and recommended a final dividend of ₹0.40 per share.
Company reported Q4 net profit of ₹347 crore with solvency ratio at 190% and is
HDFC Life FY26 VNB Growth 2%, Margins at 24.2%
HDFC Life held its FY26 earnings call, reporting a 2% YoY growth in Value of New Business (VNB) to INR 4,034 crores and a New Business Margin (NBM) of 24.2%.
Management discussed Q4 growth challenges
SBI Life FY26 Investor Presentation Corrigendum
SBI Life issued a corrigendum to its FY26 investor presentation to correct a sensitivity analysis error on Slide 37.
Company reported FY26 New Business Premium (NBP) of ₹425.5 billion, up 20% YoY, wit
SBI Life FY26 PAT Up 2% to ₹24.7 Billion
SBI Life Insurance reported FY26 results with 2% PAT growth to ₹24.7bn and 12% VoNB growth to ₹66.7bn.
Gross Written Premium grew 19% to ₹1,012.9bn, maintaining private market leadership with 22.9% IR
ICICI Prudential Life FY2026 VNB Up 10.9%
ICICI Prudential Life reported FY2026 results with a 10.9% YoY VNB growth to ₹26.29bn and a 34.6% YoY PAT increase to ₹16bn.
The company highlighted strong retail protection growth of 60.5% YoY in Q4,
HDFC Life FY26 Net Profit Rises 6% to ₹1,910 Crore
HDFC Life reported FY26 PAT growth of 6% to ₹1,910 crore, with underlying growth of 16% excluding GST and labor code impacts.
New Business APE grew 8% YoY to ₹16,641 crore, while VNB stood at ₹4,034 c
ICICI Prudential FY2026 Earnings Call Recording Available
ICICI Prudential Life Insurance hosted an earnings conference call on April 14, 2026, to discuss its FY2026 performance.
The audio recording of the call has been made available on the company's offici
ICICI Prudential Life Insurance FY2026 VNB Up 10.9%
ICICI Prudential Life Insurance reported FY2026 results with a 10.9% YoY growth in Value of New Business (VNB) to ₹26.29 billion.
Profit After Tax grew 34.6% YoY to ₹16.00 billion, while Assets Under