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Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

Indian insurance market expands by 10.6% to $145 billion in 2024, Allianz report

by AIP Online Bureau | May 27, 2025 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance

While China (+7.8% p.a.) will continue to dominate the region in absolute terms, the real growth champion over the next decade is likely to be India (+10.5% p.a.) Mumbai: With a total premium income of USD 145 billion in 2024 , the Indian insurance market has showed...
Maritime Safety: New risks and challenges for Shipping Industry

Maritime Safety: New risks and challenges for Shipping Industry

by AIP Online Bureau | May 27, 2025 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management

“Although recent sanctions are making it harder for these vessels to trade, the shadow fleet continues to pose a serious risk to maritime safety and the environment, as many are likely to be older vessels that are poorly maintained and inadequately insured. In case of...

SBI Life Insurance Vidyaniti buy 4.25 pc unit-holding in NHIT for Rs 1100 cr

by AIP Online Bureau | May 26, 2025 | Eco/Invest/Demography, Indian News, Life

According to the block deal data available on the NSE, SBI Life Insurance Company picked up more than 3.74 crore units or 1.93 per cent holding in NHIT New Delhi: SBI Life Insurance and Vidyaniti LLP on Monday bought a 4.25 per cent unit-holding in National Highways...
GIC Re’s net profit falls 17 % to Rs 2,183 cr, gross premium rises 20 % to Rs 10,367 cr in Q4FY25

GIC Re’s net profit falls 17 % to Rs 2,183 cr, gross premium rises 20 % to Rs 10,367 cr in Q4FY25

by AIP Online Bureau | May 26, 2025 | Indian News, Non-Life, Reinsurance

GIC Re board, which met on Monday to finalise its results, has declared a record dividend of Rs 10 per share(or 200 per cent) with a face value of Rs 5 Mumbai: With higher underwriting losses and combined ratio , state owned GIC Re’s net profit has fallen by 17...
No cause of worry infection severity mild ICMR DG amid uptick in Covid cases

No cause of worry infection severity mild ICMR DG amid uptick in Covid cases

by AIP Online Bureau | May 26, 2025 | Eco/Invest/Demography, Health, Indian News

“Whenever cases increase, we look at three things. It’s dependent on three factors with the first being how transmissible it is, conversely how fast the cases are increasing. Previously we saw Covid cases double in two days, but this time it is not that...
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