ICICI Prudential Life Insurance

SAT stays IRDAI order on Sahara Life for a week

Giving a week's relief to Sahara India Life Insurance (SILIC), the Securities Appellate Tribunal (SAT) today stayed the IRDAI decision to sell the business of the Sahara group company to ICICI Prudential Life Insurance.

Jul 31, 2017, 18:19 PM IST
Sahara to challenge IRDAI order on life insurance biz transfer to ICICI Prudential

Sahara to challenge IRDAI order on life insurance biz transfer to ICICI Prudential

Embattled Sahara group on Sunday said it will approach court of law against IRDAI order directing transfer of its life insurance business to ICICI Prudential and alleged that the insurance regulator has "wrongly concluded" that the promoter was no more 'fit and proper' and a sum of Rs 78 crore was siphoned.

Jul 30, 2017, 17:50 PM IST
IRDAI asks ICICI Pru to take over Sahara insurance business

IRDAI asks ICICI Pru to take over Sahara insurance business

Insurance regulator Irdai on Friday asked leading private sector life insurer ICICI Prudential Life Insurance (IPRU) to take over the business of beleaguered Sahara India Life Insurance (SILIC), with effect from July 31.

Jul 28, 2017, 22:52 PM IST

Financial sector readies for IPO rush worth over Rs 20,000 crore

The IPO market is heading for a heavy rush with a number of high-profile names including UTI Mutual Fund and SBI Life expected to launch their initial public offers amounting to Rs 20,000 crore in coming months.

May 24, 2017, 15:36 PM IST
ICICI Prudential Life will outpace market growth: Chanda Kochhar

ICICI Prudential Life will outpace market growth: Chanda Kochhar

"The company has had the tradition of growing faster than the industry and that gives us the comfort that the company will continue (to grow faster)," she told reporters, minutes after the first insurer to go public was listed on the bourses.

Sep 29, 2016, 19:03 PM IST
ICICI Prudential Life Insurance makes tepid market debut after Rs 6,057-cr IPO

ICICI Prudential Life Insurance makes tepid market debut after Rs 6,057-cr IPO

ICICI Prudential Life Insurance recently concluded its Rs 6,057-crore IPO with an oversubscription of more than 10 times.

Sep 29, 2016, 11:45 AM IST

ICICI Pru IPO closes on high note; oversubscribed 10.5 times

Generating robust demand from investors, ICICI Prudential Life Insurance's Rs 6,057-crore IPO, the first by an insurer in India, today closed with over 10-time subscription for shares offered to public.

Sep 22, 2016, 00:35 AM IST
ICICI Prudential IPO closes on high note; oversubscribed 10.5 times

ICICI Prudential IPO closes on high note; oversubscribed 10.5 times

Generating robust demand from investors, ICICI Prudential Life Insurance's Rs 6,057-crore IPO, the first by an insurer in India, Wednesday closed with over 10-time subscription for shares offered to public.

Sep 21, 2016, 14:10 PM IST
ICICI Pru IPO aims to raise Rs 6,000 cr

ICICI Pru IPO aims to raise Rs 6,000 cr

 ICICI Prudential Life Insurance, which is set to hit the market next week, aims to raise Rs 6,000 crore through the initial public offer (IPO).

Sep 14, 2016, 16:37 PM IST

Haryana govt bars ICICI Prudential for 3 years

The Haryana government has barred ICICI Prudential Life Insurance for three years from doing any further business with it or any of its departments for "intentionally delaying" the process of distribution of annuity to land owners and failure to carry out commitments.

Apr 17, 2013, 15:35 PM IST

ICICI Prudential Life Insurance launches new policy

ICICI Prudential Life Insurance Company Ltd (ICICI Prudential Life) has announced the launch of ICICI Pru Shubh Retirement, a new policy for its clients throughout the country including Sikkim to address the growing need for post retirement income.

Jan 16, 2013, 22:38 PM IST

ICICI Pru's premium collection rises 7% in Apr-Oct

ICICI Prudential premium collection has gone up to Rs 2,365 crore during the April-October 2012, as compared to Rs 2,210 crore in the corresponding period last year.

Nov 27, 2012, 21:20 PM IST