Private life insurers outpace LIC in new business premium growth

Private life insurers outpace LIC in new business premium growth

Life insurers reported a 16.6% year-on-year increase in new business premium (NBP) to ₹1.09 lakh crore for the April-June quarter, with private sector firms expanding faster than the state-run Life Insurance Corporation of India (LIC), aided by robust growth in regular premium products. Private life insurers recorded a 27.5% increase in NBP to ₹43,522 crore…

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ICICI Prudential AMC listing: Stock lists at 20% premium on Dalal Street; check price, outlook & more

ICICI Prudential AMC listing: Stock lists at 20% premium on Dalal Street; check price, outlook & more

ICICI Prudential Asset Management Company (AMC) made a strong debut at the stock market on Friday, with a premium of 20%. The share is available for trading at both benchmark indices, Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). On NSE, ICICI Prudential AMC stock was trading at 2,605.10, up 5.10 points or…

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