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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...
Irdai forms panels to look into violations by insurers

Irdai forms panels to look into violations by insurers

by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Regulation, Reinsurance, Risk Management, Technology

“As part of enforcement function, to decide on the violations observed as regards the provisions of Insurance Act and Regulations issued there under, with respect to certain Insurers/Insurance Intermediaries, panels of Whole-Time Members were formed,”...
General insurers rush to become preferred choices for Tesla’s EV customers in India

General insurers rush to become preferred choices for Tesla’s EV customers in India

by AIP Online Bureau | Jul 15, 2025 | Indian News, Non-Life, Reinsurance, Risk Management, Technology

ACKO General Insurance,Zurich Kotak General Insurance and Liberty General Insurance have already announced their special EV covers on Tuesday for Tesla cars. Mumbai: As Elon Musk’s Tesla has set up its first show room in Mumbai for selling its electronic...
Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study

Rising AI-driven cyber attacks and geopolitical tensions shaping APAC cyber risk landscape, Aon study

by AIP Online Bureau | Jul 15, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology

“In 2025, global and regional geostrategic tensions remain a key driver of cyber risk for companies in APAC. This trend is likely to accelerate with nation-state-backed threat actors continuing to employ cyber campaigns to facilitate conflicts or instigate...
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