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About 1.4 lakh new PMJDY a/cs opened under financial inclusion saturation campaign: FinMin

by AIP Online Bureau | Jul 16, 2025 | Eco/Invest/Demography, Indian News, Life, Non-Life

Nearly 1.4 lakh new Jan Dhan accounts have been opened and more than 5.4 lakh new enrolments have been recorded under three Jan Suraksha Schemes in the past fortnight, the statement said New Delhi: About 1.4 lakh new Jan Dhan accounts have been opened in the past...
Earlier crop insurance scheme saw cheating as insurers got profits farmers didn’t benefit Minister

Earlier crop insurance scheme saw cheating as insurers got profits farmers didn’t benefit Minister

by AIP Online Bureau | Jul 16, 2025 | Indian News, Non-Life, Reinsurance

“Large-scale irregularities came to light (in the previous scheme). Some insurance companies indulged in irregularities. So a decision had to be taken. So far, crop insurance companies have earned profits of Rs 10,000 crore,” Maharashtra Agriculture...

by AIP Online Bureau | Jul 15, 2025 | Workplace/Employee Benefits

iuui;ohuijhi...
ICICI Lombard general insurance net profit rises 29% to Rs 747 crore in Q1FY 26

ICICI Lombard general insurance net profit rises 29% to Rs 747 crore in Q1FY 26

by AIP Online Bureau | Jul 15, 2025 | Health, Indian News, Non-Life, Reinsurance

The insurer’s Combined Ratio, a key metric that compares claims and expenses to premium income, worsened to 102.9% in Q1FY26 from 102.3% a year ago though, there is fall in the underwriting losses of the company from Rs 346 crore in Q1 FY 25 to Rs 293 crore in...
ICICI Pru Life Q1 net jumps 34 pc to Rs 302 cr

ICICI Pru Life Q1 net jumps 34 pc to Rs 302 cr

by AIP Online Bureau | Jul 15, 2025 | Eco/Invest/Demography, Indian News, Life

ICICI Prudential Life Insurance MD and CEO Anup Bagchi said, “We reported a total premium growth of 8.1 per cent year-on-year in Q1 FY2026 on the back of our extensive distribution and comprehensive product suite”. New Delhi: ICICI Prudential Life...
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