Page 5 - Hdfc Life

Irdai should monitor life insurers' expense management only: Deepak Parekh

Allowing life insurers to distribute health indemnity and NPS products will improve the insurance reach, Parekh said

Standard Life to divest 3.46% in HDFC Life, price range set at Rs 658-678

At the lower end, the share sale will fetch around Rs 4,606 cr or $621 mn; HDFC Life stock sheds 4.1% at close

Covid-19 impact on claims may force insurers to review prices: Irdai exec

General and standalone health insurers have received 938,640 claims related to Covid-19 till March 15, says Suresh Mathur

Open to exploring opportunities for strategic collaboration: HDFC Life CEO

Vibha Padalkar says the insurer has witnessed a 65% reduction in customer complaints over the last 5 years

SBI Life, HDFC Life: Insurance cos eyeing reforms, stay invested: Analysts

While on one hand the Budget proposed to increase the FDI limit in the sector to 74 per cent, it also proposed to levy capital gains tax on ULIPs rendering insurance an unattractive investment option

Life insurers play tax-free interest arbitrage game to rev up business

While most insurance schemes aren't tax-free anymore, assured return products are among the few exceptions

Standard Life cuts 1.38% stake in HDFC Life, raises Rs 1,720 crore

Following the share sale, Standard Life's stake in HDFC Life declined to 8.89% Following the share sale, Standard Life's stake in HDFC Life declined to 8.89%

Standard Life sells 27.8 mn shares to prune stake in HDFC Life to 8.89%

Deal struck at Rs 619.25 a share, raising Rs 1,720 cr; sale represents 1.38 per cent stake

HDFC Life's PAT rises 5.6% to Rs 326 cr in Q2, net premium income up 35%.

The insurer also saw a 15% rise in first year premium in Q2FY21 at Rs 1,675.15 crore, compared to Rs 1,452.72 crore in the corresponding period last year

MARKET WRAP: Sensex surges 449 points on buying in financial, FMCG counters

All that happened in the markets today

Weekly stock picks by Religare Broking: Buy Berger Paints, HDFC Life

Berger Paints has resumed the uptrend and is currently trading at its record high. Indications are in the favor of prevailing momentum to extend upside further

We expect equity returns to be muted in next 12 months: CIO, HDFC Life

We are taking a balanced approach towards sectors and hence there is no big call on any particular sector, says Prasun Gajri, Chief Investment Officer, HDFC Life

HDFC Life enters into partnership with YES Bank to sell insurance policies

HDFC Life and YES Bank Limited entered into a corporate agency (CA) arrangement.

Charts show bulls are making a strong comeback: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well on buy mode. The volatility index --India VIX -- has also started cooling down which is giving comforts to the bulls

Divi's Laboratories, SBI Life Insurance shares gain on Nifty inclusion

Shares of Zee Entertainment Enterprises fell 3.7 per cent and that of Bharti Infratel ended flat. The two companies will be removed from the bluechip index

Divi's, SBI Life to see combined inflows of Rs 1,400 cr on Nifty inclusion

Over Rs 650-cr selling in Zee, Infratel

HDFC Life Insurance hits all-time high ahead of inclusion in Nifty50 index

HDFC Life Insurance will replace Vedanta in the Nifty50 index with effect from Friday, July 31, 2020

HDFC Life Q1 pre-tax profit up 2.87%, new business premium down 33%

Value of new business, a measure of profitability for life insurers, was down 43 per cent to Rs 291 crore in Q1FY21 from Rs 509 crore

HDFC Life CRC to meet on July 23 for proposed Rs 600-cr fundraising plan

HDFC Life Insurance Company is scheduled to declare its earnings for first quarter of this fiscal year 2020-21 later in the day

Digitised selling, servicing of insurance get a fillip amid pandemic

Insurers have made a leap from manual paper-bound process to end-to-end paper-less or digital-based selling through all the channels of distribution