by AIP Online Bureau | May 22, 2024 | Health, Indian News, Non-Life, Reinsurance
Titus Francis, executive director, NIA “NIA has delivered excellent results in FY24, despite adverse impact of several catastrophic claims during the year. It has recorded a 128 per cent growth in its net profit in Q4. On individual lines, Motor third party loss...
by AIP Online Bureau | May 22, 2024 | Indian News, Non-Life
Anil Aggarwal, MD & CEO, Shriram General Insurance Company. The general insurer’s combined ratio, one of the key matrix for profitability had fallen to 105.98 per cent in Fy 24 from 110.42 per cent in Fy 23 The company’s underwriting losses have fallen...
by AIP Online Bureau | Apr 26, 2024 | Indian News, Non-Life, Reinsurance
BAGIC’S underwriting loss stood at Rs 76 crore for 04 FY24 as compared to a loss of Rs 2 crore in 04 FY23.The insurer’s combined ratio stood at 101.6 per cent in Q4 FY24 over 97.3 per cent in 04 FY23. Pune: Bajaj Allianz General Insurance...
by AIP Online Bureau | Apr 23, 2024 | Indian News, Life
Anup Bagchi, MD & CEO, ICICI Prudential Life Insurance The decline in value of new business margin is primarily on account of the shift in underlying product mix towards unit linked & par (participatory ) from non par business, decline in group term business...
by AIP Online Bureau | Apr 17, 2024 | Indian News, Non-Life
The company’s combined ratio has improved to 102.2 per cent in Q4 FY2024 as against 104.2 per cent in Q4 FY2023 Rakesh Jha, executive director, ICICI Bank has been appointed as the non-executive chairman of the company, with effect from June 30, 2024, after...
