by AIP Online Bureau | Jul 24, 2025 | Indian News, Life
SBI Life’s Value of New Business (VoNB) stands at Rs.1,088 crores with a growth of 12% during the reporting period. The company’s VoNB Margin was at 27.4% in Q1FY 25 Mumbai: SBI Life Insurance, the largest private sector life insurer in the country, has...
by AIP Online Bureau | May 31, 2025 | Health, Indian News, Non-Life
“Focus is on to tapering down the loss ratios especially in Motor, Health and increase the profit element to further strengthen the balance sheet and improve the solvency. The long-term vision is to generate surplus in core operations and maintain a...
by AIP Online Bureau | Nov 12, 2024 | Health, Indian News, Non-Life
Going ahead, NIC is committed to its stake holders and the improved financial performance is an indicator for the company to achieve profitable growth, T Babu Paul, executive director, NIC Kolkata: State owned National Insurance Company(NIC) has recorded a 80 per cent...
by AIP Online Bureau | Nov 8, 2024 | Indian News, Life, Regulation
Siddhartha Mohanty, CEO & MD, LIC LIC’s plan to pick up some stakes in a stand alone health insurer is in progress and should be announced in the current fiscal,” Siddhartha Mohanty, CEO & MD, LIC Mumbai: Life insurance behemoth Life Insurance...
by AIP Online Bureau | May 27, 2024 | Indian News, Life
“During the last year, we have focused on directional changes in our product mix and enhancing margins in the business. We have more than doubled our share of non-par business within our Individual business. Now we intend to focus our strategic interventions to...
