Market News

Life insurance new business premiums rise 16.6% in Q1 on private insurers' growth: Report

India's life insurance sector began FY27 with robust new business premiums, growing 16.6 percent. Private insurers significantly outpaced the market, increasing their share to nearly forty percent. This growth stemmed from steady retail product demand and a recovery in group business. Monthly premiums also saw a thirteen percent rise in June, reversing last year's contraction.

SBI Life Share Price Live Updates: SBI Life's Volume Analysis

Banks and insurance are the bright spots, says Quantum AMC's Christy Mathai

Christy Mathai, Fund Manager at Quantum AMC, says most companies' input cost pressures will show up in quarter two rather than quarter one, as firms are still using cheaper stockpiled materials to protect margins. He expects a broader earnings recovery from the second half of the year, provided tensions in West Asia don't escalate further. Mathai is upbeat on private banks and life insurance, cautiously positive on select pharma names with US exposure, but is steering clear of chemical and defence stocks over stretched valuations. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainers - BusinessLine

Stock Market Today Live, July 9: Sensex up 450 pts, trades at 76,956.50; Nifty up 155 pts; Sun Pharma, SBI Life, Bajaj Finserv top gainersBusinessLine

Aviva set to become first foreign insurer to fully own India life business

UK insurer Aviva Plc is set to fully own its Indian life insurance venture. This move follows India's recent policy allowing total foreign ownership in the sector. Aviva will buy the remaining 26% stake from its partner, Dabur Invest Corp. Full ownership offers greater strategic flexibility and faster decision-making for business expansion. The transaction marks the first deal under the government's liberalized foreign ownership policy.

Private life insurers outpace LIC in new business premium growth

Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.

Private life insurers outpace LIC in new business premium growth

Life insurers saw a 16.6% rise in new business premium during the April-June quarter. Private sector firms expanded faster than LIC, driven by regular premium products. Regular premium collections grew nearly twenty percent year-on-year, while single premium business increased. SBI Life Insurance emerged as the fastest-growing player among listed companies. Private insurers continue gaining market share while LIC retains its dominant position.

Life insurers report double-digit growth in June; SBI Life, Axis Max, ICICI Pru post strong expansion

Indian life insurance sees healthy growth in June 2026. Private insurers show double-digit expansion, LIC posts robust gains in key premium metrics.yash

SBI Life Share Price Live Updates: SBI Life's 3-Month Performance

ICICI Prudential board approves reclassifying Prudential as an investor

ICICI Prudential Life Insurance's board approved seeking Irdai's nod to reclassify Prudential Corp. Holdings and rename the company to ICICI Life Insurance Ltd.

Outcome of board meeting of ICICI Prudential Life Insurance Company

Held on 06 July 2026

ICICI Prudential Life Insurance Changes Name To ICICI Life Insurance

This development comes after the company had its status changed from 'Promoter' to 'Investor'.