Trend Insurance - Latest news, views and updates

1.28 crore people covered under corona insurance policies: IRDAI chief Subhash Chandra Khuntia

TREND | 29 Jan 2021

Moneycontrol

During the pandemic, two corona-specific products -- Corona Kavach and Corona Rakshak -- were launched by insurers under the guidance of the Insurance Regulatory and Development Authority of India (Irdai). Besides, the insurers also introduced coverage against COVID-19.

Economic Survey 2020-21: Insurance penetration 'extremely low' at 3.76%

Business Today | 29 Jan 2021

LIC-owned IDBI Bank posts Q3 net profit of Rs 378 crore as NII grows

TREND | 28 Jan 2021

Business Standard

Life Insurance Corporation -owned IDBI Bank reported a standalone net profit of Rs 378 crore for December quarter 2020-21 on the back of healthy growth in interest income. The lender, which is under the Reserve Bank of India's prompt corrective action (PCA) since May 2017, had reported a standalone net loss of Rs 5,763 crore in the year-ago quarter. On a consolidated basis, its profit after tax stood at Rs 393.15 crore, compared to a loss of Rs 5,728.70 crore last year. The profit has increased to Rs 378 crore in the quarter. It has been contributed by growth in the other income and net interest income. Our operating profit grew by 32 per cent (quarter-on-quarter) and net interest margin has increased to 2.87 per cent, bank's managing director and CEO Rakesh Sharma told reporters. Net interest income (NII) grew 18 per cent to Rs 1,810 crore as against Rs 1,532 crore in the same quarter of the previous fiscal. Its net interest margin (NIM) improved by 60 basis points to 2.87 per ce

Government Likely To Announce Sale Of IDBI Bank, Stake in LIC: Sources

NDTV Profit | 28 Jan 2021 1 more

ESIC beneficiaries to get health services in all districts from April 1

Business Standard | 27 Jan 2021

Buy SBI Life Insurance; target of Rs 1000: ICICI Direct

TREND | 28 Jan 2021

Moneycontrol

ICICI Direct is bullish on SBI Life Insurance has recommended buy rating on the stock with a target price of Rs 1000 in its research report dated January 24, 2021.

Buy SBI Life Insurance; target of Rs 1170: HDFC Securities

Moneycontrol | 28 Jan 2021 4 more

Stocks in the news | NTPC, Axis Bank, Hindustan Unilever, Tata Coffee, JK Paper, NCL Industries

Moneycontrol | 28 Jan 2021

Buy SBI Life Insurance Company target of Rs 1080: Prabhudas Lilladher

Moneycontrol | 28 Jan 2021

ICICI Prudential Life Insurance Q3 net profit remains flat at Rs 304.3 crore

Moneycontrol | 27 Jan 2021

Accumulate HDFC Life Insurance Company; target of Rs 764: Dolat Capital Market

Moneycontrol | 27 Jan 2021

Buy HDFC Standard Life Insurance; target of Rs 786: Emkay Global Financial

TREND | 25 Jan 2021

Moneycontrol

Emkay Global Financial is bullish on HDFC Standard Life Insurance has recommended buy rating on the stock with a target price of Rs 786 in its research report dated January 22, 2021.

Buy SBI Life Insurance; target of Rs 1050: Emkay Global Financial

Moneycontrol | 25 Jan 2021

Stocks in the news | RIL, Yes Bank, Tata Motors, Oberoi Realty, Gland Pharma, JM Financial, IIFL Finance

TREND | 25 Jan 2021

Moneycontrol

Birla Corporation, UltraTech Cement, Supreme Industries, Mahindra Lifespace, Piramal Enterprises, Grasim Industries, Crompton Greaves Consumer, Federal-Mogul Goetze, Yes Bank, JSW Steel, Polycab India, Hinduja Global Solutions, DCB Bank, Rossari Biotech, Cadila Healthcare, Tata Power, Sharda Motor Industries, ISGEC Heavy Engineering, Computer Age Management Services, Jaiprakash Power Ventures, Aster DM Healthcare, HPL Electric Power, Century Textiles, Omax Autos, Atul, HDFC Life Insurance Company, are also among the stocks in focus today.

IRDAI panel for separate payments of vehicle, insurance premium

TREND | 24 Jan 2021

Business Line

Buyer of a new vehicle may have to pay cost of vehicle and insurance premium through separate cheques, if the recommendations of a committee to revi

Irdai to have panel for separate payments of vehicles, insurance premium

Business Today | 24 Jan 2021

HDFC Life net profit rises 5.9% to Rs 265 cr in December quarter

TREND | 22 Jan 2021, 08:40PM

Business Standard

HDFC Life Insurance reported a 5.89 per cent rise in its quarterly net profit to Rs 264.99 crore

HDFC Life Insurance Q3 net profit up 5%

Moneycontrol | 22 Jan 2021, 03:57PM 4 more

SBI Life Q3 profit falls 40% at 233 crore

Business Line | 22 Jan 2021, 03:37PM

IRDAI asks insurers to cover COVID-19 vaccination cost, GIC objects

Moneycontrol | 22 Jan 2021, 02:44PM

SBI Life Insurance Q3 net down 40.2%

Moneycontrol | 22 Jan 2021, 02:36PM

MARKET LIVE: SGX Nifty signals weak start; RIL to announce Q3 results today

Business Standard | 22 Jan 2021, 07:54AM

Buy ICICI Lombard General Insurance: target of Rs 1750 : Sharekhan

TREND | 21 Jan 2021, 04:44PM

Moneycontrol

Sharekhan is bullish on ICICI Lombard General Insurance has recommended buy rating on the stock with a target price of Rs 1750 in its research report dated January 19, 2021.

From Rs 2.7 crore to Rs 2,151 crore premium: How Digit became the first unicorn of 2021

Moneycontrol | 21 Jan 2021, 01:48PM 5 more

CCI nod for Axis Bank stake buy in Max Life Insurance

Business Line | 21 Jan 2021, 11:27AM

Stocks to watch: RIL, Axis Bank, Bajaj Auto, Bajaj Finance, Lauras Labs

Business Standard | 21 Jan 2021, 08:36AM

Axis Bank-Max Life Insurance deal gets CCI nod

Business Today | 21 Jan 2021, 08:29AM

Competition Commission gives go-ahead to Axis-Max Life Insurance deal

Business Standard | 21 Jan 2021

SBI Life Insurance Q3 Net Profit seen up 0.1% YoY to Rs. 390 cr: ICICI Direct

Moneycontrol | 20 Jan 2021

Automotive dealers may act as sub-brokers, distribution channels for motor insurance: IRDAI Committee

TREND | 20 Jan 2021

Moneycontrol

The Committee for Review in its submission noted the motor insurance business sourced by MISPs through brokers and insurers put together constitutes around 25% of the total motor insurance business or around 11.25% of the overall general insurance business.