NIVA BUPA PERFORMANCE
General insurers clock 10.5% premium growth in October
General insurance companies in India saw a 10.5% increase in gross direct premium income in October. Standalone health insurers also reported significant growth, outperforming general insurers in several areas. HDFC ERGO and SBI General led the performance among private insurers with impressive increases in premium income. Public sector insurers like National Insurance also experienced growth, though some faced declines.
Time to shed fear and think positive? 5 mid-cap stocks from different sectors with upside potential of up to 33%
Mid-cap stocks tend to move more than large-caps. And that works both ways. They rise faster when the market is rising, and fall harder when it is falling. Keep that in mind as the market’s mood changes for the better because oil prices are dropping and the macro worries responsible for the long sell-off are starting to go away.
Wall Street’s $10 billion India hospital bet sparks a fight over bills
Wall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TPG and General Atlantic betting on India’s huge shortage of hospital beds and rising demand for specialised care.
Enduring wealth, lasting wellness. People in India are living longer. Are they also living well?
India's rising life expectancy faces a longevity paradox, with increased years not always translating to good health, compounded by rising medical inflation and low insurance penetration. Standard Chartered is bridging this gap by integrating health and wealth management through partnerships with Niva Bupa and WHOOP, focusing on proactive wellness and curated experiences for affluent clients.
Top 10 insurers with highest number of complaints in handling health insurance; Star, Care and Niva among top 3
Recent findings indicate that health insurance providers are grappling with a surge in policyholder dissatisfaction. Star Health tops the list with more than 12,000 complaints recorded in FY24-25. CARE Health and Niva Bupa aren't far behind, also receiving significant backlash. Keep reading to discover which health insurers have garnered the most complaints from policyholders, and check if your health insurer is among them.
Helios Mid Cap Fund raises stake in ITC Hotels, Ola Electric, Paytm, MCX, Swiggy and 27 other stocks in August
Helios Mid Cap Fund expanded its portfolio to 66 stocks in August, adding stakes in Ola Electric, ITC Hotels, Paytm, Swiggy, and MCX, while introducing new positions in Acutaas Chemicals, ASK Automotive, Cummins, and Hero MotoCorp.
Insurance Ombudsman reports: These health insurers top the charts with maximum complaints against them
Star Health tops the list of insurers with the most complaints in FY23-24, as per the Insurance Ombudsman. The CIO (Council of Insurance Ombudsman) received over 13,000 complaints against them. CARE Health and Niva Bupa follow with significantly fewer complaints. Most complaints relate to claim rejections. IRDAI is instituting an internal ombudsman to handle claim-related grievances, with an aim to resolve issues internally and efficiently for policyholders.
India's insurance industry faces slow growth in Q1 FY26 amid regulatory challenges and market volatility
The Indian insurance sector anticipates a subdued quarter ending in June. Life insurance growth slows due to regulations and a high base. General insurance feels the impact of weaker consumption. Axis Max Life is expected to lead APE growth. Health insurers face challenges from new rules and rising claims. ICICI Lombard's premium income remains flat.
General insurance premium shows 'healthy' rise in June
The general insurance sector experienced a 5.8% increase in gross premium income in June, reaching ₹23,256 crore, primarily fueled by retail health insurance growth. While some large private insurers like Bajaj Allianz saw significant growth, others like ICICI Lombard faced declines. The industry's overall Q1 performance showed a 9% rise, but new reporting formats impact year-on-year comparisons.
Sensex rises! These stocks gained over 10% on BSE
In the Nifty 50 index, 22 stocks ended in the green, while 28 stocks closed in the red in today's trade.
Niva Bupa, Star Health shares jump up to 13% on likely GST reduction for health insurance premia
Niva Bupa Share Price: Health insurance stocks rallied on Tuesday, with shares rising as much as 13% on the BSE, following the Group of Ministers' (GoM) proposal for key GST rate rationalisation reforms for the sector. Niva Bupa Health Insurance surged 12.6%.
Swiggy shares fall nearly 6% as traders book profits on Day 2 after listing
Swiggy's shares dipped 5.6% after debut, despite a 17% premium. Analysts suggest balancing growth potential with ongoing losses and risks, with focus on operational efficiency.
Niva Bupa shares tumble over 6% post listing, erasing gains. What investors should do
Niva Bupa shares debuted at Rs 78.5 on the BSE, a 6.1% premium over the issue price, and at Rs 78.1 on the NSE, slightly exceeding expectations. Supported by strong retail investor demand, Niva Bupa Healthcare’s IPO successfully closed on the final day of bidding.
Niva Bupa Healthcare IPO subscribed 1.8 times on final day of bidding process. Check GMP, other details
Niva Bupa IPO GMP: The IPO of Niva Bupa Healthcare saw strong demand from retail investors, with the issue subscribed 1.28 times (128%) by the final day of bidding. By 11:15 am, retail investors had bid for 5.79 crore shares, 1.85 times their reserved portion. Qualified Institutional Buyers (QIBs) had subscribed 1.05 times their allocation.
Niva Bupa Healthcare IPO subscribed 1.17 times on Day 2, retail investors drive strong demand. Check details
The offering, comprising a fresh equity sale of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will remain open for bidding until November 11. Through the OFS, Bupa Singapore Holdings and Fettle Tone will reduce their stakes.
Niva Bupa Healthcare IPO subscribed 65% on Day 1. Check GMP, other details
The offering, consisting of a fresh equity issuance of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will be open for bidding until November 11. Through the OFS, Bupa Singapore Holdings and Fettle Tone will sell part of their stakes.
Niva Bupa IPO opens for bidding. Should you subscribe? Check GMP & other key details
Niva Bupa IPO Day 1: Niva Bupa Healthcare has launched its IPO with a price band of Rs 70-74 per share. The IPO aims to raise Rs 800 crore through a fresh issue and includes an OFS by existing shareholders. Analysts have mixed views, suggesting long-term potential but also noting aggressive pricing.
Niva Bupa well placed to ride growth in health insurance
Niva Bupa Health Insurance is gearing up for an IPO to raise Rs 2,200 crore, aiming to capitalize on the growing health insurance market in India. The IPO involves a fresh issue of shares and an offer for sale by promoters, with anchor investors already committing Rs 990 crore.
Latest health and general insurance claim settlement ratio released in 2024
Do you know how good is your insurer is in settling claims and how long it takes for your health or general insurer to settle claims? Or how many claims did they reject last year? It is important to keep track of the claim settlement performance of your insurer. IRDAI has recently released the claim payment details of general and health insurance companies. Check here
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