by AIP Online Bureau | Jan 16, 2024 | Indian News, Non-Life
The insurer’s combined ratio, an important profitability metric for an insurance firm’s underwriting business, improved to 103.6 per cent from 104.4 per cent a year ago Mumbai: ICICI Lombard General Insurance, the country’s second largest general...
by AIP Online Bureau | Oct 29, 2023 | Intermediaries, Non-Life
Mahindra Insurance Brokers Limited(MIBL) registered income at Rs289 crore in Q2FY24, as against Rs 94 crore during the corresponding quarter last year, a growth of 208% over the same period previous year. The profit after tax (PAT) during Q2FY 2023-24 , registered was...
by AIP Online Bureau | Oct 27, 2023 | Indian News, Non-Life
Tapan Singhel, MD & CEO, Bajaj Allianz General Insurance With an underwriting profit of Rs 37 crore, Bajaj Allianz has reported a healthy combined ratio of 95.3% for Q2 FY 23-24 Pune: Bajaj Allianz General Insurance(Bagi) reported a net profit of Rs 468 crore with...
by AIP Online Bureau | Jul 28, 2023 | Health, Indian News
Gross written premium increased to Rs 2,949 crore in Q1 FY24 compared to Rs 2,464 crore in the same period a year ago Chennai: Star Health and Allied Insurance on Friday reported a 35 per cent increase in net profit to Rs 288 crore for the June 2023 quarter. The...
by AIP Online Bureau | Jun 19, 2023 | Indian News, Life
The company’s total premium income for the fiscal grew by 42 per cent to Rs 20,503 crore compared to Rs 14,445 crore in the previous year Mumbai: Tata AIA Life Insurance (Tata AIA) reported a 615 per cent jump in its net profit to Rs 506 crore in FY 2022-23 from...
