Icici Prudential

As valuations stretch, the ICICI Prudential's chief investment officer S Naren says he is happy to take smaller, sure-shot gains.

Life insurance stocks find D-St favour as regulatory clouds clear, traditional policies gain traction

Brokerages have turned increasingly bullish on life insurance stocks over the past year, with all four major players - SBI Life, HDFC Life, LIC, and ICICI Prudential seeing more buy recommendations in a year

ICICI Prudential shares fall 4% as weak topline, persistency slide disappoint brokerages

ICICI Prudential Life Insurance share price: The company reported a 34 percent jump in Q1 profit, but muted APE growth, weaker short-term persistency, and declining savings business weighed on investor sentiment

In-demand ULIPs drive topline, but insurers cautious to limit over-exposure

ULIPs being market-linked, are inherently volatile and have relatively lower margins and persistency ratios, insurers have said hinting that they aim to reduce its share further, to achieve a more ‘balanced’ product mix.

Prudential is said to hire Citigroup for $1 billion India IPO

Prudential’s shares closed at a seven-month high following the announcement. ICICI Bank has said it plans to retain its majority stake

Centre's ULIP tax clarification may push insurers, policyholders towards new products

While ULIP sales have significantly driven premium growth for private insurers, a downturn in market stability typically leads to reduced demand for ULIPs, with effects usually seen nine to twelve months later

ICICI Prudential Life Q3 net profit rises 43% to Rs 326 crore, beats estimates

The net premium income of the insurer came in at Rs 12,261.37 crore, up 24 percent from Rs 9,929 crore in the year-ago quarter

Weekly Tactical Pick – This insurance behemoth offers favourable risk-reward

LIC is incrementally focusing on high-yielding products which should help it to improve performance

ICICI Prudential gets GST demand notice worth Rs 429 crore for FY2020

ICICI Prudential GST news: The company will appeal against the GST demand notice before the Commissioner (Appeals) within the standard timelines, the statement added.

Demand for long-dated India bonds to rise, says ICICI Prudential Life

The addition of India to JPMorgan Chase & Co.’s emerging markets bond index will provide a further fillip to the notes as 40% of the selected bonds have maturities of 15 years and above, Vidya Iyer, senior fund manager at ICICI Prudential Life Insurance Co, said in an interview on Bloomberg TV.

ICICI Prudential Life pays Rs 1,867 crore towards death claims in FY'24

ICICI Prudential Life Insurance on Tuesday said it has settled 99.17 per cent of death claims in just 1.27 days, with the total such payout at Rs 1,867 crore in 2023-24.

ICICI Pru Life gets GST demand notice of Rs 270 cr

The total demand of Rs 269.86 crore includes GST of Rs 119.56 crore, interest of Rs 138.34 crore, and penalty of Rs 11.95 crore.

ICICI Prudential MF says its multi-asset fund turned Rs 10 lakh into Rs 5.5 crore in 21 years

An investor who put in Rs 10 lakh at the time of inception would now be sitting on about Rs 5.5 crore as of September 30, indicating a Compound Annual Growth Rate (CAGR) of 21 per cent, according to a statement by ICICI Prudential Mutual Fund.

ICICI Pru sheds 2% as narrow margins, revenue decline weigh: Should you buy, hold, or sell?

Morgan Stanley maintained 'Overweight' rating on ICICI Prudential Life but cut the target price to Rs 665

ICICI Prudential Q2 results: Net profit rises 22 % to Rs 244 crore on new businesses

The company had reported a net profit of Rs 199.48 crore in the same quarter of the previous fiscal.

Correction in new-tech stocks healthy; quality-at-any-price strategy at the receiving end: Anand Shah

Shah emphasized the importance of investing in good quality businesses but at reasonable prices.

ICICI Pru Life gets notice for GST liability of Rs 492 crore; to contest the matter

In response, ICICI Prudential said it will contest the matter by following appropriate procedure. This comes as there is industry wide issue of input tax credit

ICICI Prudential beats Q4 estimate with income surging 27%: What do brokerages say?

ICICI Prudential Life Insurance share price will remain in focus on April 21 after the company reported better numbers in the quarter ended March 2023.

India’s life insurers to get the last hurrah on growth before flatlining

The month of March could show sharp business growth for life insurers as Indians make their final dash to secure tax-free insurance policies before new rules kick in 

Budget 2023: ICICI Pru CIO S Naren sees a growth focused budget

He said that the government did what was possible and it’s a growth-oriented budget with very limited scope to give tax concessions at this point.

NCLAT allows ATS group firm to withdraw appeal after settlement with financial creditor

The company on Monday informed the NCLAT about its settlement with the financial creditor, following which the appellate tribunal allowed it to withdraw its petition against the NCLT order.

LIC IPO - Many hits and a few misses. Should investors subscribe?

LIC's IPO is priced at a significant discount to private peers. Why so?

Interview | S Naren: The bond market has mostly priced in higher borrowings, policy normalisation

Government's borrowing may not be as high as envisaged in the long run, although there will be short-term volatility, says chief investment officer, ICICI Prudential AMC

ICICI Prudential customers can buy insurance via autopay facility in UPI

ICICI Prudential Life Insurance has tied up with the National Payments Corporation of India (NPCI) to provide a Unified Payments Interface (UPI) AUTOPAY facility to its customers, the insurer said in a release on Tuesday.

ICICI Prudential's NFO clocks highest-ever collection among open-ended equity funds

The Flexicap Fund from ICICI Prudential MF had drawn over four lakh retail investors, who were brought in by more than 15,000 distributors.