Saturday, May 2, 2026

Three insurance stocks that will react to their Q4 results today

Date:

Shares of insurance companies will be in focus on Wednesday, April 29, as a clutch of players report their March quarter earnings, with investors tracking profitability trends, underwriting performance and premium growth for cues on sector momentum.Canara HSBC’s Q4 scorecard reflects a clear improvement in core growth metrics, with both premium generation and business value seeing healthy traction. Annualised Premium Equivalent (APE) stood at ₹704 crore, up 13% from ₹625 crore a year ago. The value of new business (VNB) surged 49% to ₹214 crore from ₹144 crore, while VNB margins expanded sharply to 30.4% from 23.0%.

Star Health and Allied Insurance Company reported a net profit of ₹111.3 crore for the March quarter, compared to just ₹50 lakh in the year-ago period, although profit declined sequentially from ₹128.2 crore in Q3 FY26. Net earned premium rose 13.9% YoY to ₹4,327.2 crore from ₹3,798.3 crore. The insurer also narrowed its underwriting losses to ₹154.28 crore from ₹275.17 crore a year earlier. Operating performance improved significantly, with a profit of ₹64 crore versus a loss of ₹87 crore in the same quarter last year.
Go Digit General Insurance reported a 29.2% rise in Q4 net profit at ₹149.4 crore, compared to ₹116 crore a year ago. For FY26, profit before tax stood at ₹632 crore versus ₹425 crore in FY25. Gross written premium (GWP) increased 6.18% to ₹2,735.7 crore from ₹2,576.4 crore, while assets under management (AUM) rose 16.3% to ₹22,922 crore from ₹19,703 crore. The combined ratio stood at 111.6% compared to 111.3% a year ago, and net earned premium edged higher to ₹2,301 crore from ₹2,247 crore.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

New income tax rules for doctors: Who needs to maintain Form 25 and why

If you are a medical professional and your gross...

Intel shares gain over 5%, extend record April rally as AI-driven demand fuels momentum

इंटेल ने तेजी की लहर जारी रखी क्योंकि शुक्रवार,...

Trade Setup for April 29: Nifty steps into May series with a 1,000-point range and 24,000 holding the key

Tracking weak cues from GIFT Nifty, Indian equity markets...

US to withdraw 5,000 troops from Germany in next 6-12 months, fulfilling Trump’s threat

The United States will withdraw about 5,000 troops from...