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LIC reports 23% jump in its net profit to Rs 13,492 crore in Q1FY27

LIC reports 23% jump in its net profit to Rs 13,492 crore in Q1FY27

by AIP Online Bureau | Aug 6, 2026 | Indian News, Life

R Doraiswamy, CEO & MD, LIC, said,“The numbers are good this quarter, but if you look at the growth in premium or APE, it is not as high as what you would have expected.What gives us more happiness is that our VNB has grown by 61 per cent plus and our VNB margin...
SBI Life posts higher quarterly profit, expects margins to improve

SBI Life posts higher quarterly profit, expects margins to improve

by AIP Online Bureau | Jul 24, 2026 | Indian News, Life

“We have definitely seen the margin bottoming out,” SBI Life MD and CEO Amit Jhingran said in a post-earnings ​call. “Going forward, with ​higher focus on ⁠individual policies, margin is going to be towards the upper range of our guidance.”...
ICICI Lombard Q1 PAT slumps 46% to Rs 403 crore on fire losses, Supreme Court Motor TP ruling

ICICI Lombard Q1 PAT slumps 46% to Rs 403 crore on fire losses, Supreme Court Motor TP ruling

by AIP Online Bureau | Jul 15, 2026 | Indian News, Non-Life, Reinsurance

Sanjeev Mantri, MD & CEO, ICICI Lombard General Insurance The company said the quarter’s combined ratio included the impact of two large fire losses amounting to Rs 63 crore, which added 1 percentage point to the ratio. In addition, a recent Supreme Court...
HDFC Life records 12% rise in net profit to Rs 611 crore in Q1FY27

HDFC Life records 12% rise in net profit to Rs 611 crore in Q1FY27

by AIP Online Bureau | Jul 15, 2026 | Indian News, Life

Vibha Padalkar, MD & CEO, HDFC Life, said,”Growth during the quarter was underpinned by strong customer acquisition, with the number of policies growing in double digits and ahead of industry,” Mumbai:Despite having a slight fall in value in new margin...
GIC Re Q4 profit rises 3% to Rs 2,254 crore with underwriting profit, pays dividend of Rs 13.25 per share

GIC Re Q4 profit rises 3% to Rs 2,254 crore with underwriting profit, pays dividend of Rs 13.25 per share

by AIP Online Bureau | May 26, 2026 | Indian News, Life, Non-Life, Reinsurance

GIC Re’s Combined ratio improved marginally to 103.43 per cent in Q4FY26 from 103.56 per cent a year earlier “On the back of disciplined underwriting, consistent execution, and our strategic approach, we hope and believe that we will continue to improve and...
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