by AIP Online Bureau | Apr 15, 2025 | Indian News, Non-Life
Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The insurer’s combined ratio was at 102.5 per cent in Q4 FY2025 as compared to 102.3 per cent in Q4 FY2024. Its underwriting losses have swelled up by 38 per cent year-on-year(Y-o-Y) to Rs 209 crore from Rs...
by AIP Online Bureau | Apr 15, 2025 | Indian News, Life
ICICI Prudential’s value of new business (VNB), or expected profit from new policies, rose 2.5 per cent to Rs 7.95 billion for the quarter, according to Reuters calculations. ICICI Prudential’s VNB margins for the full year deteriorated to 22.8 per cent...
by AIP Online Bureau | Apr 15, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology
Fraudsters use fake payment apps to convince innocent victims that they have completed a transaction. In reality, they use a fake app that only simulates the payment transaction flow, leaving the victim to realise only later that the transaction was fabricated Fake...
by AIP Online Bureau | Apr 15, 2025 | Eco/Invest/Demography, Indian News, Risk Management
El Nino conditions, associated with below-normal monsoon rainfall in the Indian subcontinent, are unlikely to develop this time, India Meteorological Department (IMD) chief Mrutyunjay Mohapatra said Parts of the country are already battling extreme heat and a...
by AIP Online Bureau | Apr 15, 2025 | Articles, Policy, Risk Management
Trade credit, political risk insurance and surety to secure non-payment risk, enhance finance and protect investments are some of the mitigation solutions businesses may seek to explore By Steve Taylor, Head of Credit Solutions, Asia, Aon The recently announced U.S....
