by AIP Online Bureau | Apr 23, 2025 | Indian News, Life
LIC’s total new business premium rose just two per cent Rs 2.26 lakh crore in for FY25, which included Rs 62,404.58 crore from individual new business New Delhi: Led by state owned Life Insurance Corporation(LIC), domestic life insurers recorded a marginal 5.1...
by AIP Online Bureau | Apr 23, 2025 | Banking & Bancassurance, Indian News, Non-Life
Naveen Chandra Jha, MD & CEO, SBI General Insurance Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “We have been consistently growing faster than the market. In FY25, our GWP grew by 11.1 per cent, 70 per cent faster than the industry growth of...
by AIP Online Bureau | Apr 23, 2025 | Workplace/Employee Benefits
SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results for FY25, marking a milestone as the companycompletes 15 years of operations. Continuing its robust growth trajectory, the company reported a Gross Written...
by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The new group, to be called Helvetia Baloise Holding, will become one of the ten largest insurers in Europe, under what the two companies called a “merger of equals” with an even spread of senior executives and board members Helvetia and Baloise plan to merge to...
by AIP Online Bureau | Apr 23, 2025 | International News, Non-Life, Reinsurance
The Tokyo-based casualty insurer has the highest market share in Asia among global firms, but it’s No. 3 among Japanese peers in North America, “so the challenge is how to become the top player there,” said Shinichiro Funabiki,CEO, MS&AD Insurance Group Holdings...