Page 5 - Sbi Life Insurance

Nifty rejig announcement: Divi's Lab hits all-time high, SBI Life gains 4%

For the quarter ended June 2020, Divi's Lab reported a net profit of Rs 492.06 crore on account of robust sales.

SBI Life, Divi's Laboratories to move in Nifty 50 index from Sept 25

Bharti Infratel and Zee Entertainment Enterprises will be dropped from the Nifty 50, NSE Indices said in a statement

SBI Life Insurance pre-tax profit up 2.6% to Rs 387.68 crore in Q1

The value of new business was down 29 per cent year on year to Rs 240 crore.

SBI Life Q1 net rises 5% to Rs 390 cr, new business premium income falls

There was a decline of 29 per cent in individual new business premium, while individual rated premium slipped by 36 per cent

Insurance stocks in focus; SBI Life, HDFC Life up 4%; ICICI Pru slips 3%

The NBP of life insurance companies contracted 10.46 per cent YoY in June as compared to decline 32.6 per cent and 25.4 per cent in April and May, respectively

New business premiums of life insurance firms decline by 10% in June

Development is a sign that things are picking up after govt decided to gradually unlock because life companies had seen their NBP decline 32.6% and 25.4% in April and May, respectively

Vedanta to pave way for HDFC Life in Nifty. Time to buy insurance stocks?

ICICI Securities expects that in the semi-annual change in the Nifty50 constituents, SBI Life Insurance will enter the index, replacing Zee Entertainment (ZEEL).

SBI Life OFS' retail portion undersubscribed amid weakness in market

Shares of SBI Life on Monday ended at Rs 745.5, down 0.74 per cent

SBI Life retail portion undersubscribed, garners just 16% on weak market

OFS sails through successfully in heavt institutional investor support; Shares of SBI Life end at Rs 745.5 on Monday, down 0.74%

Street signs: Gains for RIL RE investors, SBI Life Insurance OFS, and more

The cost of acquisition of one partly paid RIL share works out to around Rs 537 and includes the rights issue initial 25 per cent payment of Rs 314.25 and the RE acquisition cost of Rs 223

SBI Life Insurance's offer for sale oversubscribed more than 2 times

At Rs 741 per share, promoter State Bank of India will be able to raise Rs 1,556 crore

SBI to dilute 2.1% stake in SBI Life Insurance via offer for sale

SBI is expected to mop up almost $202 million via the share sale.

MARKET WRAP: Sensex ends 232 pts higher as financials, auto stocks rally

All that happened in the markets today

Market Ahead, May 6: Top Factors That Could Guide Markets Today

Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers

SBI Life reports 8% growth in pre-tax profit for Q4FY20; margin improves

The net profit of the insurer jumped 16 per cent to Rs 531 crore in Q4FY20 from Rs 458 crore because of lower tax provision

Market Ahead, May 5: All You Need To Know Before The Opening Bell

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months

HDFC Life, SBI Life: Has Chris Wood made a wrong investment call?

The recent Budget 2020 proposals came like a bolt from the blue for the life insurance firms. A knee-jerk reaction saw stocks of private life insurers plunge 6-13 per cent at the bourses on Saturday.

SAT directs Irdai to recalculate unlawful gains in SBI Life Insurance case

In a single premium policy, the premium for the entire policy is collected in advance and agents can get a commission of 2 per cent under the plan

Pricey valuation may not limit upside in SBI Life Insurance stock

Increased business contribution from SBI's branches and lower costs to enable faster growth in earnings

New India Assurance, GIC rally up to 8% as govt may raise FDI limit to 74%

That apart, 37.2 per cent year-on-year (YoY) growth in new premiums between April-November further boosted buying sentiment.