by AIP Online Bureau | Apr 27, 2018 | Indian News
Mumbai: The new long list of 16 promotions to the posts of general managers in the public sector general insurance industry, meant to fill up the vacncies in 2018-19,announced on Thursday, hinst at the delay in the proposed merger- beyond...
by AIP Online Bureau | Apr 26, 2018 | Indian News
Mumbai: Life Insurance Corporation has registered a 13.46 percent rise in first-year premium (FYP) income, collecting an all-time high income of Rs 1,34,551.68 crore in FY18, and ending the year with a market share of 69.40 percent, the company said today. "The...
by AIP Online Bureau | Apr 26, 2018 | Indian News
Mumbai: Reliance General Insurance (RGI) has recorded a net profit of Rs165 crore, a YoY rise of 27 per cent in 2017-18.The company’s profit was Rs. 46 crore, a YoY increase of 8 per cent,for the quarter ended March 31, 2018, . The company’s...
by AIP Online Bureau | Apr 26, 2018 | International News, Reinsurance
Chicago: The catastrophe bond issuance during Q1 stood at USD3.58 billion across 10 transactions – a new record for first quarter issuance that easily surpassed the 2016 and 2017 issuance volumes of approximately USD2.2 billion. Aon Securities...
by AIP Online Bureau | Apr 26, 2018 | Indian News
Mumbai: SBI Life Insurance on Thursday reported 13.44 per cent year-on-year rise in profit at Rs 381.21 crore for the quarter ended March 31. The insurer had posted a profit of Rs 336.05 crore in the corresponding quarter last year. The life...