by AIP Online Bureau | Apr 19, 2024 | International News, Life, Non-Life, Wealth Management/ Philanthropy
Philippe Donnet,group CEO,Generali Thanks to a simpler and leaner approach, the new group’s organizational structure centering on insurance and asset management will accelerate the group’s transformation, and it will support the definition of the plan for the next...
by AIP Online Bureau | Apr 19, 2024 | Indian News, Life
LIC has seen its total premium falling by 4 per cent to around Rs 2,22 trillion in FY 24 26 private sector players, led by SBI Life Insurance, at Rs 1,55 trillion, have recorded a growth of 12 per cent in in their annual premium income. In terms of policies, the...
by AIP Online Bureau | Apr 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Crop insurance has seen a dip in the premium by 4 per cent to Rs 30.715 crore in Fy 24. Mumbai:With a total premium of Rs 1,09,006 crore, showing a growth of 20 per cent, Health Insurance continues to be no 1 portfolio in Rs 2.89 trillion Indian general insurance...
by AIP Online Bureau | Apr 18, 2024 | Indian News, Non-Life, Reinsurance
Surbhi Goel, CEO designate, India Branch, Munich Re Munich Re, is the largest foreign reinsurance branch(FRB) in the India with over Rs 10,000 crore of premium in FY23-24.It set up its operations in 2017. Mumbai: Munich Re, the largest global reinsurer, today...
by AIP Online Bureau | Apr 18, 2024 | Indian News, Life
Despite the budget changes impacting high ticket sized business this year, we delivered a healthy growth of 20 per cent for Q4 after adjusting for the one-off business of Rs. 1,000 crore in March 2023. Our stated aspiration of a double-digit growth for the full year...
