ICICI Prudential Life Insurance IPO: Comparison with other insurers

ICICI-Prudential-Life-InsuranceThe financial metrics of insurance companies differ considerably  from non insurance companies. On this page, we try to steadily post figures and facts  that shall help to compare ICICI Prudential Life Insurance with other major insurers on different yard sticks.

Major Indian Insurers : Profit After Tax Trends      (Rs. in Crore)

Insurance CompanyYear ended 2014Year ended 2015Year ended 2016% change in two years
LIC16571824251852%
ICICI Prudential1566163416536%
Bajaj Allianz1025876879-14%
SBI Life43682086197%
Birla Sun Life371285140-62%
HDFC Standard72578681813%
Max Life4364144391%
Reliance359135-197-155%
Tata AIA41326464-85%
Kotak2392292515%
Exide life53658968%

The PAT  trends are indicative of the volatility that exists in Indian Insurance Market.

(To be updated with more tables &  facts)

Note : Even as the Issue price for this IPO has not been fixed,  grey market has been active with  Application Form/kostak rates which opened at 1100/- ,  jumped to 1300/- and are now back to 1100/-. Firm Grey market rates are reported to be in region of Rs. 21-22.

 

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