ICICI Prudential Life Insurance Company Ltd (ICICIPRULI)

ICICI Pru Shares Hit Over Two-Year High on Strong Q1 Earnings - 24 Jul, 2024

ICICI Prudential Life Insurance Company Ltd's Q1FY25 new business premiums grew by 23.5% YoY to Rs 3,769 crore and annualised premium equivalent (APE) was up 34.4% YoY to Rs 1,963 crore. Retail APE grew by 42.2% YoY to Rs 1,666 crore. The assets under management of the company increased from Rs 2.66 trillion to Rs 3.09 trillion as of June 30, 2024, a growth of 15.9%. ICICI Pru reported a 9% YoY increase in net profit to Rs 224.34 crore for Q1.

ICICI Pru Reports Increase in Net Profit Despite Contraction in VNB Margin - 23 Jul, 2024

ICICI Prudential Life Insurance Company Ltd reported an 8.7% YoY increase in net profit at Rs 225 crore in Q1 FY25, with new business premiums growing by 23.5%. However, the value of new business margin contracted to 24% from 30% YoY due to a change in product mix. The market guru predicts positive triggers for life insurance businesses in the upcoming budget.

ICICI Prudential Life Insurance Stock Trades Up - 19 Jul, 2024

ICICI Prudential Life Insurance Company Ltd's stock has seen a 12% return over the past year. The company reported consolidated sales of Rs 23025.12 crore and net profit of Rs 173.67 crore for Q1 FY2024.

LIC Outperforms Competitors with Infrastructure Investments - 17 Jul, 2024

LIC's strategic investments in India's infrastructure sector have led to a surge of nearly 79% in its shares, outshining competitors like HDFC Life and ICICI Prudential Life. Analysts recommend a stronger focus on infrastructure for long-term stability and growth.

ICICI Prudential Life Insurance Sees 73% Return Over Last Five Years - 14 Jul, 2024

Investors in ICICI Prudential Life Insurance have seen a notable 73% return over the last five years, despite EPS dropping by 5.8% per year. The company's revenue growth of 13% per year is viewed as evidence of positive growth, but its modest dividend yield of 0.09% may not attract many buyers.

ICICI Pru Increases Insurance Premiums Amid Fresh Long Positions - 10 Jul, 2024

ICICI Prudential Life Insurance Company Ltd witnessed fresh long positions being built on Wednesday's trading session, leading to a 3.34% rise in the stock price. The company also announced its Oil and Gas ETF, while increasing term insurance premiums by 4-7%.

ICICI Pru Witnesses Strong Growth in Q1FY25 - 09 Jul, 2024

ICICI Prudential Life Insurance Company Ltd reports strong growth in Q1FY25 with its NBP growing by 24% and Total APE growing by 56%. JM Financial has a buy call on the company with a target price of Rs 736. Morgan Stanley lowers VNB outlook while Hemen Kapadia suggests buying at Rs 645 apiece.

ICICI Prudential Life Reports Strong Premium Growth - 08 Jul, 2024

ICICI Prudential Life Insurance reports strong growth in premiums for June and Q1 FY25, with total APE increasing by 13% and retail APE jumping by 28%. The stock also sees a bullish trend with MACD signalling buy opportunities.

ICICI Pru iProtect Smart Adds Life Continuity and Critical Illness Benefits - 05 Jul, 2024

ICICI Prudential Life's term insurance product, ICICI Pru iProtect Smart, now includes the Life Continuity feature and critical illness benefit covering 34 conditions. The company boasts an impressive claim settlement ratio of 99.17% and an average settlement time of only 1.27 days.

ICICI Prudential Stock Rises on Positive Trend - 03 Jul, 2024

ICICI Prudential Life Insurance Company Ltd stock has risen around 17.08% in the last month and is trading in line with the trend. The company's stock has formed a pivot while holding above the support zone of short term moving average i.e. 20 DEMA.

ICICI Prudential Sees Volume Growth; Demand for Longer-Duration Bonds Expected - 26 Jun, 2024

ICICI Prudential Life Insurance has seen a pick-up in volume due to strong growth in retail protection, credit life, and annuity. Additionally, demand for India's longer-duration bonds is expected to increase due to growth in pension funds and upcoming index inclusion.

ICICI Prudential Fund Manager Suggests Buying Stock Market Insurance - 25 Jun, 2024

Sankaran Naren, ICICI Prudential's fund manager, suggests buying stock market insurance in the form of cash or fixed deposits to protect against a potential stock market crash. He feels that there is no margin of safety in the Indian market.