ANNUALISED PREMIUM EQUIVALENT
Canara HSBC Life Insurance plans Rs 16,500 crore IPO amidst valuation challenges
HSBC Insurance (Asia-Pacific) Holdings will offer up to 4.75 million shares, and Punjab National Bank will sell 95 million shares, according to the draft red herring prospectus filed with the Securities and Exchange Board of India.
SBI Life Q4 preview: Up to 8% YoY growth seen in APE. Pressure likely in VNB, margins
SBI Life’s Q4FY25 estimates indicate flat to modest APE growth and mixed VNB trends, with brokerages forecasting margin compression or marginal improvement based on product mix and quarterly comparisons. Earnings are due April 24.
HDFC Life Q4 results preview: APE could rise by up to 17 YoY, value of new business to likely surge up to 14%
HDFC Life's Q4FY25 performance is anticipated to show strong growth, with brokerages projecting a 10-17% YoY increase in annualised premium equivalent (APE), potentially reaching ?5,510 crore. The value of new business (VNB) is also expected to rise by 10-14%. Sharekhan estimates a 31% YoY surge in profit after tax, while Nuvama is most bullish on APE and VNB growth.
Q4 results today: Infosys, Jio Financial among 10 companies to announce earnings on Thursday
Infosys anticipates a slight revenue decline in Q4, projecting 1-4% CC revenue growth for FY26 due to macroeconomic factors and a lack of mega-deal contributions. HDFC Life is expected to see a rise in annualised premium equivalent (APE) by 10-17% and a potential 31% YoY increase in profit after tax.
ICICI Pru Life Q4 net profit soars as new business looks up
New business growth was muted, with annualised premium equivalent (APE) slipping 3% YoY to ?3,502 crore, as demand for unit-linked insurance plans (ULIPs) softened during the quarter.
ICICI Prudential Life Insurance Q4 results: PAT jumps 122% YoY to Rs 385 crore, Co declares final dividend
ICICI Prudential Life reported a 122% YoY rise in Q4FY25 profit to Rs 385 crore. FY25 PAT grew 40%, VNB stood at Rs 2,370 crore with a 22.8% margin. APE crossed Rs 10,000 crore. Strong growth seen in annuity, protection, and sum assured metrics.
Moderate premium growth to hurt insurers' Q4 show
HDFC Life is seen posting 12-15% APE growth with a 100 basis points drop in VNB margin on a year-on-year basis, while ICICI Prudential's APE may stay flat with a 50 basis points margin squeeze and Axis Max Life may see a 200 basis points drop despite 10-14% APE growth. SBI Life's margin could fall 50 bps, while LIC stands out with a strong 18% VNB margin. LIC's APE could fall 10-12%.
HDFC Life Q3 net up 14% on premium, non-par gains
During the quarter, net profit rose to ?414 crore, up from ?365 crore in the same period a year ago. Net premium income rose 10% to ?16,771 crore in the quarter, up from ?15,235 crore.
HDFC Life to raise Rs 1,500 crore through NCDs
Company's capital raising committee (CRC) met on Friday to finalise commercial terms for the fundraising under this first tranche, the company said in a stock exchange announcement. In a previous board meeting in July, the insurer had authorised raising ?2,000 crore through NCDs in one or more tranches.
HDFC Life to raise Rs 1,500 crore via NCDs to strengthen solvency
HDFC Life Insurance plans to raise Rs 1,500 crore through non-convertible debentures after board approval. The NCDs will carry an 8.05% coupon rate and a 10-year term, with allotment set for October 9. This move follows a drop in the company's solvency ratio and aims to bolster financial stability.
Private life insurers take industry APE up 17% in July
In July, India's life insurance industry saw a 16.9% year-on-year growth in annualised premium equivalent (APE), largely driven by private insurers, who posted an 18% increase. LIC saw a 13.5% rise in APE. Total premiums collected in July reached ?31,822 crore, a 14% year-on-year increase.
ICICI Pru Life shares tank 10% post muted Q3 earnings show
For the nine months, the annualised premium equivalent, a measure of life insurance business computed as a sum of annualised first-year premium and 10% of single premiums, grew by 1.7% to Rs 5,430 crore.
ICICI Pru Life posts 3% rise in Q3 net profit
For the nine-month period, the annualised premium equivalent, a measure of life insurance business computed as a sum of annualised first-year premium and 10% of single premiums, grew by 1.7% to ?5,430 crore.
ICICI Pru Life Q3 Results: Net profit falls 29% YoY, operating expenses up sharply
The net premium income for the quarter rose 4.3% on-year to Rs 9,465 crore. The first year gross premium income for the insurer declined 11% on-year to Rs 1,378 crore, while single premium income increased 12.6% to Rs 2,649 crore.
ICICI Prudential Life Insurance Company Q2 Results: Profit declines 55 % YoY to Rs 199.5 crore
The net profit stood at Rs 199.5 crore against Rs 445 crore in the year-ago period. The new business premium for the quarter was 7.3% higher at Rs 4253 crore against Rs 3963 crore.The annualised premium equivalent (APE) grew sequentially, by 32% for Q2-FY2023.
HDFC Life Q1 net profit rises 11.8% on new business growth
On Tuesday, shares of the company closed 3.69 per cent higher on the Bombay Stock Exchange at Rs 508.6.
ICICI Pru posts Rs 421 crore profit in Q2
Net profit for the quarter stood at Rs 421 crore, up from Rs 418 crore a year earlier.
Learn with ETMarkets: Five things that describe performance of ICICI Pru Life
ICICI Prudential had RoEV of 15.3% during the last financial year 2015-16. This one number captures how the value of total business has moved from the previous quarter.
SBI Life posts 19 per cent growth in profit
SBI Life’s regular new business premium increased by 14.5%, to Rs. 2,998 crore during the year under review, from Rs. 2,618 crore in the previous year.
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