by AIP Online Bureau | Apr 9, 2024 | Briefs, Intermediaries, Non-Life, Technology
ICICI Lombard General Insurance has partnered with Policybazaar to distribute its product the insurance platform . The collaboration encompasses access to nearly 10 million customers with a wide range of insurance products, including motor insurance, health insurance,...
by AIP Online Bureau | Mar 2, 2024 | Indian News, Non-Life, Reinsurance
Although the company’s five-year average combined ratio was 104.8%, it has consistently outperformed the domestic general insurance market in India SINGAPORE: Announcing its ratings for the first ever Indian private sector general insurance company, international...
by AIP Online Bureau | Oct 18, 2023 | Indian News, Non-Life
The company had managed to bring down its combined ratio to 103.90 per cent during the reporting quarter as compared to 105.10 per cent in the year-ago period.The insurer’s underwriting losses have fallen marginally to Rs 145 crore during the quarter over Rs152...
by AIP Online Bureau | Sep 28, 2023 | Indian News, Non-Life, Policy, Regulation, Reinsurance
“The alleged demand and the impugned Show Cause Cum Demand Notice pertains to non-payment of GST on the Co-insurance premium accepted as follower in case of coinsurance transactions and non-payment of GST on re-insurance commission accepted on the reinsurance...
by AIP Online Bureau | Sep 21, 2023 | Indian News, Non-Life
Bhargava Dasgupta, MD & CEO, ICICI Lombard General insurance Dasgupta has tendered his resignation, to pursue a career opportunity outside the country, said the company on Thursday.Dasgupta said the company has grown revenues six times and net profit 78 times over...