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3rd-party motor cover gains to partially offset general insurers’ underwriting losses

by AIP Online Bureau | Jun 3, 2022 | Indian News, Non-Life

Claims incurred by most insurers have risen since the second quarter of last fiscal, following the relaxation of lockdown restrictions and reopening of offices. The claims ratio is estimated at around 85% for the last quarter of fiscal 2022, up from ~78% in fiscal...

Equity-oriented funds drive MF assets to record high in 2021 at Rs 37.7 lakh cr : Report

by AIP Online Bureau | Jan 13, 2022 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

2021 saw investors put a larger amount of their money in equity-oriented funds, drawn by the strong gains in the underlying equity markets. While equity funds got net inflows of Rs 91,000 crore, passive funds saw Rs 1.14 lakh crore coming in and hybrid funds Rs 1.02...
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