Insurance
12 recent notes from companies in this sector. 5 companies tracked.
Prudential to give up board seat at ICICI Prudential Life after Bharti deal
In a governance pact, Prudential Corp will abstain from voting on special resolutions and withdraw its nominee director until promoter reclassification is done.
LIC CFO Sunil Agrawal resigns, effective July 14
The country's largest insurer loses its Chief Financial Officer to 'better prospects', raising questions on succession planning and financial oversight.
IIRM Holdings seeks NSE dual listing to broaden investor base
Board approves proposal for main board listing on NSE without fresh issue. Shares currently trade on BSE and inactive Calcutta Stock Exchange.
Govt to sell up to 5% stake in GIC Re via OFS at ₹352 floor
The central government will offload up to 5% of its holding in the reinsurer through an offer for sale, aiming to meet minimum public shareholding norms. The floor price of ₹352 per share values the offer at up to ₹3,322 cr.
GIC Re posts ₹8,392 cr profit but sees fire premiums softening
Net profit jumped 25% on a better combined ratio, but management flagged new domestic competition and a softening direct-fire market. Growth guidance for FY27 is just single-digit.
Niva Bupa's chairman exits on health grounds; ex-SBI MD to replace him
Milind Barve steps down effective June 2026. The board has named former SEBI member Ashwani Bhatia as his successor, pending shareholder and IRDAI approval.
GIC Re profit jumps 25% to ₹8,392 crore as underwriting losses narrow
The reinsurer lifted its final dividend by 32.5% to ₹13.25 per share after a year of improved solvency and lower claims.
GIC Re profit jumps 25% as board lifts dividend to ₹13.25
The reinsurer reported a standalone net profit of ₹8,392 crore for FY26, supported by a solvency ratio that climbed to 4.21.
GIC Re profit climbs 25% to ₹8,392 cr as dividend payout rises
The reinsurer lifted its annual dividend to ₹13.25 per share, even as it booked a ₹702 cr provision for life insurance claims.
LIC hits record profit on the back of rising non-par margins
Net profit jumps 19% to ₹57,419 crore as the insurer tilts toward non-participating policies and new sales channels.
LIC clocks 42% VNB growth in FY26, declares final dividend
Audited annual results confirm 19% PAT rise and 42% VNB surge; most numbers were already disclosed in earlier board filing.
LIC's net profit jumps 19% to ₹57,418 cr in FY26
Strong investment income drives earnings; board recommends ₹10 final dividend and confirms bonus issue.