ICIC LOMBARD
New switch on and off motor insurance add-on offers cashback: Will you get in case of claim?
If the app remains inactive or is switched off for a continuous period of 24 hours, the customer will earn one day as a reward. However, in the event of a claim, reward days and cashback will not be applicable
June quarter preview: What to expect from HUL, HDFC Life, Ambuja Cement, ICICI Lombard earnings today
ICICIdirect expects ICICI Lombard to post a growth of 29 per cent YoY in gross written premium at Rs 5,500 crore. The insurer is expected to post underwriting loss of Rs 194 crore and investment income of Rs 757 crore, ICICIdirect said while expecting PAT at Rs 394 crore.
This ICICI Group stock in bear grip could soon stage a turnaround
Motilal Oswal highlighted that the stock has corrected by 31 per cent over the past 18 months, even as Nifty50 remained flat. The steep correction has been on account of a shift in the management’s focus to growth from profitability earlier and an expected reduction in ICICI Bank's stake to sub-30 per cent levels by September 2023 as per RBI regulations from 48 per cent at present.
Bounce in car sales help insurers offset Corona losses
Leading insurers are seeing a healthy jump in their motor vehicle portfolio with premiums accrued from new business growing both corresponding to preceding months and the same period of last year, executives at leading insurance companies said.
ICICI Bank launches QIP with interest flowing from global investors
Top global long-only investors such as Oppenheimer, Abu Dhabi Investment Authority, CDPQ and Capital International are likely to bid for shares.
SGX Nifty up 60 points; here's what changed for market while you were sleeping
Nifty futures on the Singapore Exchange traded 60 points, or 0.56 per cent higher at 10,763.50, in signs that Dalal Street was headed for a positive start on Friday.
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Failing to march in lockstep with Nifty, money managers go for major portfolio overhaul
Active equity funds did manage to ride the equity rally since March lows to log significant gains, but most underperformed their respective benchmarks.
Watch out! Next Nifty compounders will most likely come from this space
Some analysts say this sector should grow at 20-30 per cent growth over next 3-4 years.
SBI Life will double in next 2-3 years: Deven Choksey
"Going forward, with SBI Life listing and the expected appreciation, the sum of the parts value for SBI would go up."
ETMarkets Morning Podcast: What will sway your market in today's session?
Nifty technical charts are a little indecisive, but traders are kind of desperate to see the index break the 9,870-9,970 range.
New bill to give insurance regulator more teeth: HDFC Life, ICICI Lombard heads
In the general insurance industry, we have had one or two companies entering every year even when FDI limit was at 26%.
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