by AIP Online Bureau | Sep 8, 2022 | Health, Indian News, Non-Life
Gross premium underwritten by general insurance companies has gone up by 18.57 percent to Rs.102,357 crore during the five months ended August 2022 The market share of private players also increased to 50.23 percent during the period from 47.90 percent a year ago...
by AIP Online Bureau | Jul 6, 2022 | Health, Indian News, Non-Life, Reinsurance
The four PSU multiline general insurers -New India Assurance, Oriental Insurance Company, United India Insurance, National Insurance Company- have further lost around four per cent of their market share to private sector competitors in Apr-June period. Mumbai:...
by AIP Online Bureau | May 21, 2022 | Indian News, Non-Life, Technology
Vijay Shekhar Sharma, managing director, One97 Communications Initially, One97 Communications (OCL) will hold a 49 per cent stake in PGIL while the rest 51 per cent stake is to be owned by OCL’s managing director Vijay Shekhar Sharma-led VSS Holding Private...
by AIP Online Bureau | May 16, 2022 | Indian News, Non-Life, Regulation
Vijay Shekhar Sharma, founder and CEO, Paytm The company in the exchange filing said, ”Our associate company, Paytm Insuretech Private Limited, had entered into a share purchase agreement to acquire 100% of Raheja QBE General Insurance Company Limited. As the...
by AIP Online Bureau | Apr 27, 2022 | Indian News, Non-Life
The combined ratio across the industry deteriorated to 119% in 9M FY2022 from 112% in 9M FY2021 with increase in health claims Covid claims accounted for 6% of the total number of health claims paid in FY2021 and are expected to form around 11-12% of the total number...
