by AIP Online Bureau | Apr 9, 2025 | Health, Indian News, Non-Life
The top five players -New India Assurance(with a market share of 12.56 per cent), ICICI Lombard General Insurance(8.72 per cent), Bajaj Allianz General Insurance(6.96 per cent), United India Insurance(6.53 per cent), Oriental Insurance(6.45 per cent) , have expanded...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers in GIFT-IFSC came in strong support of the market at Apr 1 renewals “Yes, we did write more business than last year. Generally, we found the market to be soft with rates either below or same as...
by AIP Online Bureau | Jun 8, 2022 | Indian News, Non-Life
Led by ICICI Lombard General Insurance, the private sector general insurers’ total premium has grown by 17 per cent y-o-y to Rs 8034 crore in the month of May The private sector general insurers have increased their market share to 51.84 per cent(47.92 per cent) in...
by AIP Online Bureau | Dec 7, 2021 | International News, Non-Life, Reinsurance
Ashish Raj, Insurance Analyst at GlobalData, commentED: “We are seeing clear indications of a Russian revival in 2021, with the country’s economy expected to grow by 4.1% by the end of the year as it benefits from rising oil and energy prices. As the economy recovers,...
by AIP Online Bureau | Nov 23, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
An analysis of GlobalData’s Global Insurance Database reveals that motor insurance was the largest general insurance line in Singapore with a GWP share of 25.8% in 2020. Electric vehicles sales grew by over 80% during September 2020–2021, supporting the demand for...
