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SBI Life Q4 net profit rises 26% to Rs 672 cr

by AIP Online Bureau | Apr 28, 2022 | Indian News, Life

SBI Life said it registered a growth of 39 per cent in the value of new business (VoNB) to Rs 3,700 crore in FY22 Mumbai: SBI Life Insurance (SBI Life) on Thursday reported a 26.3 per cent rise in its net profit at Rs 672 crore for quarter ended March 2022. The life...

Bajaj Life insurance net plunges 80 % to Rs 48 crore in Q4FY2021-22

by AIP Online Bureau | Apr 28, 2022 | Indian News, Life

The life insurer’s new business value (NBV), which is the metric used to measure profitability of life insurance businesses, increased by 72 per cent to 621 crore in FY22 over Rs 361 crore in FY21 Mumbai: Bajaj Allianz Life’s ‘net profit in Q4 FY22...
Bajaj General’s net profit falls 10% to Rs 248 crore in Q4FY2021-22 on higher covid claims

Bajaj General’s net profit falls 10% to Rs 248 crore in Q4FY2021-22 on higher covid claims

by AIP Online Bureau | Apr 28, 2022 | Health, Indian News, Non-Life

Bajaj Allianz General Insurance CEO Tapan Singhel It may be only company in the industry, as all the general insurers are yet to announce their FYQ4 2021-22 results, which, at 98.3 per cent, has a combined ratio below 100% in Q4 FY22 as compared to 96.6% in Q4 FY21...
ICICI Pru Life net profit triples to Rs 185 cr in March quarter

ICICI Pru Life net profit triples to Rs 185 cr in March quarter

by AIP Online Bureau | Apr 16, 2022 | Indian News, Life

N S Kannan, MD & CEO, ICICI Prudential Life Insurance said, “Despite the disruptions caused by the third wave of Covid-19, which impacted productivity in January and February, we were able to demonstrate resilience in our operations. In March, we posted the...
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