by AIP Online Bureau | Jan 5, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
In a move that supported the growth of the industry, New India Assurance(NIA), the country’s largest general insurer, after lying low with a single digit growth for the last few quarters, has expanded its topline by 14.47 per cent to Rs 4,070 crore in the month...
by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Policy, Regulation, Risk Management, Technology
Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance The IRDAI initiated the journey towards adopting IFRS 17 and implementing risk-based supervision and capital frameworks. Looking ahead, significant developments are anticipated in the general insurance...
by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
With a total premium of Rs77,049 crore, up 21 per cent y-o-y, mobilised in the first six months Fy 2024, the market share of private sector multiline general insurers has inched up to 53.58 per cent from 50.81 per cent(in Sept fy 2023) while the SAHIs, with a total...
by AIP Online Bureau | Aug 28, 2023 | Health, Indian News, Life, Non-Life
`JFS will enter the insurance segment to offer simple, yet smart, Life, General, and Health insurance products through a seamless digital interface, potentially partnering with global players. It will use predictive data analytics to co-create contextual products with...
by AIP Online Bureau | Aug 7, 2023 | Health, Indian News, Non-Life
Bajaj Allianz General Insurer with a premium base of Rs3762 crore , a y-o-y growth of 51 per cent, has overtaken ICICI Lombard General insurance in garnering the largest premium in the month of July Mumbai: The Indian general insurance industry has...
