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PB Fintech loss widens to Rs 204 crore in Apr-Jun

by AIP Online Bureau | Aug 11, 2022 | Indian News, Intermediaries, Technology

The company in its financial performance report said that its insurance premium segment grew by 52 per cent to Rs 2,430 crore in June 2022 quarter from Rs 1,594 crore in the June 2021 quarter New Delhi: PB Fintech, the parent firm of online insurance broker...
New India’s net profit rises 32 % to Rs 118 crore in Q1FY23

New India’s net profit rises 32 % to Rs 118 crore in Q1FY23

by AIP Online Bureau | Aug 10, 2022 | Indian News, Non-Life

“After a challenging FY22, Q1FY23 saw a turnaround with the company’s results improving considerably compared to the previous quarter. The gross written premium growth at 6.5 per cent was low as the company took several proactive steps to strengthen the...
GIC Re back in black, posts a net profit of Rs 690 crore in Q1FY2023

GIC Re back in black, posts a net profit of Rs 690 crore in Q1FY2023

by AIP Online Bureau | Aug 10, 2022 | Indian News, Life, Non-Life, Reinsurance

Devesh Srivastava, CMD, GIC Re “We are targeting a Combined Ratio of 100 per cent and work is on progress to achieve it in the medium term. We are now purely looking for profitable business and the market is aware of our focus. Topline growth will happen but it...
Monkeypox: How it spreads, who’s at risk – here’s what you need to know

Monkeypox: How it spreads, who’s at risk – here’s what you need to know

by AIP Online Bureau | Aug 10, 2022 | Articles, Health

Monkeypox is not a new disease, and in some African countries it is endemic. However, the international outbreak which began in May 2022, has prompted the World Health Organization (WHO) to declare a global health emergency. Here are some of the important things to...
9 million people die each year from neurological disorders: WHO

9 million people die each year from neurological disorders: WHO

by AIP Online Bureau | Aug 10, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Workplace/Employee Benefits

Neurological disorders, which include stroke, migraines, dementia and meningitis. WHO reported that 43 per cent of children under five in low- and middle-income countries – nearly 250 million boys and girls – are believed to miss their developmental...
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