Fraudsters dupe customers of 4 insurance companies

After ICICI Prudential, fraudsters have now targeted four insurance companies, including SBI Life Insurance, by stealing their customer database and duping some policy holders.

Fraud costs ICICI Prudential Rs 90 lakh, police probe on

Fraudsters have managed to steal customer database from ICICI Prudential causing a "loss" of over Rs 90 lakh to the insurance major.

ICICI Prudential to make profits sooner than expected: CEO

ICICI Bank`s life insurance arm, ICICI Prudential has chalked out strategies for business turn around which includes introducing an array of cheaper insurance products in the market in near future, a top
official said.

ICICI Pru EPFO`s top fund manager; provides 8.77% returns

ICICI Prudential has retained the top position among the Employees` Provident Fund Organisation`s (EPFO) fund managers giving 8.77 percent return during the one-year period ending September 2009.

ICICI Pru pips SBI Life to become largest private insurer

Private insurer ICICI Prudential has pipped SBI Life to regain the top position among private players garnering new businesses Rs 1,725 crore in the first five months of the current fiscal.

ICICI Pru`s AuM cross USD 10 billion

The country`s largest private insurance company, ICICI Prudential Life, said today its assets under management (AUM) have crossed USD 10 billion.

ICICI Pru to tap Tier II towns, MFs give more return over 5-yr

Claiming equity-based mutual funds give an average 15 percent return on investment over a five-year period, ICICI Prudential Mutual Fund said that it plans to tap rural and Tier II cities going forward.