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FY26 Performance: Indian general insurance underwriting losses surge 54% to Rs 46,632 crore,profit plunges 92% to Rs 953 crore

FY26 Performance: Indian general insurance underwriting losses surge 54% to Rs 46,632 crore,profit plunges 92% to Rs 953 crore

by AIP Online Bureau | Sep 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life

The underwriting blowout has virtually wiped out industry profitability. Aggregate net profit plunged 92% year-on-year to just Rs 953 crore in FY26, while the industry’s average combined ratio deteriorated sharply from 112.61% in FY25 to 117.83%, underscoring the...
General insurance premium grows by 10.50 % in July to Rs 31,000 cr

General insurance premium grows by 10.50 % in July to Rs 31,000 cr

by AIP Online Bureau | Aug 10, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Seven stand alone health insurers (SAHIs) together have grown their premium income by 30 per cent to Rs 4666 crore in July Mumbai:Boosted by Health and Motor segments, the Indian general  insurance industry has seen a growth of 10.50 per cent year-on-year(Y-o-Y) in...
Blackstone, former HDFC ERGO CEO Anuj Tyagi join hands to launch general insurer in India

Blackstone, former HDFC ERGO CEO Anuj Tyagi join hands to launch general insurer in India

by AIP Online Bureau | Jul 23, 2026 | Eco/Invest/Demography, Indian News, Non-Life

The proposed venture is expected to become the first new insurance company with up to 90 per cent foreign ownership following the government’s decision to raise the foreign direct investment (FDI) limit in the insurance sector to 100 per cent Mumbai:Global...
CEOs quitting general insurance companies to pursue entrepreneurial ventures

CEOs quitting general insurance companies to pursue entrepreneurial ventures

by AIP Online Bureau | Jun 4, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Workplace/Employee Benefits

“Private equity firms recognise that capital alone cannot unlock this market; what converts opportunity into enterprise is the credibility that only seasoned operators can provide. A veteran CEO carries, in effect, a ready-assembled portfolio of regulator...
Health insurance prm hits Rs1.37 trillion,surges 15.4 % in FY 26, Fire replaces Crop as 3rd largest industry portfolio

Health insurance prm hits Rs1.37 trillion,surges 15.4 % in FY 26, Fire replaces Crop as 3rd largest industry portfolio

by AIP Online Bureau | Apr 20, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Reinsurance

With No1 position, Health Insurance share in the Indian general insurance industry has inched up to 40.80 per cent in FY 26 from 38.63 per cent in FY25 In a noteworthy development, though, there has been no premium hike in the premium of mandatory TP Motor cover, for...
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