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Indian general insurance industry grows almost 10% to Rs 3.36 trillion in FY 26, Health Insurers record faster growth

Indian general insurance industry grows almost 10% to Rs 3.36 trillion in FY 26, Health Insurers record faster growth

by AIP Online Bureau | Apr 9, 2026 | Eco/Invest/Demography, Indian News, Reinsurance

One of the noteworthy features of the industry, in FY26, is the growth story of seven Standalone Health Insurers(SAHI), which have, led by Start Health Insurance,grown their total premium by 19.40 per cent to Rs 45,865 crore and have expanded their market shares to...
New India’s net profit rises almost 6% to Rs372 crore in 3rd quarter

New India’s net profit rises almost 6% to Rs372 crore in 3rd quarter

by AIP Online Bureau | Jan 30, 2026 | Indian News, Non-Life, Reinsurance

Girija Subramanian, CMD,NIA said,“Our domestic gross direct premium growth significantly outpaced the industry average, resulting in our market share improving to 13.4 per cent, compared to 12.8 per cent in the corresponding previous year. While the incurred...
Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities

Banks and insurers deliberate India’s upstream reforms agenda and investment opportunities

by AIP Online Bureau | Jan 21, 2026 | Eco/Invest/Demography, Indian News, Non-Life, Risk Management, Technology

Perspectives were also shared by financial institutions and insurers including the State Bank of India, New India Assurance and Bajaj Allianz, covering risk assessment frameworks, exposure considerations, bank guarantee structures and emerging risk-mitigation...
New India turns profitable at Rs 71 crore in Q2FY25

New India turns profitable at Rs 71 crore in Q2FY25

by AIP Online Bureau | Oct 30, 2024 | Health, Indian News, Non-Life

Girija Subramanian, CMD, NIA, said, “It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. While the premium...
New India and GIC Re to launch India’s first Digital Identity Monitoring and Insurance Solution

New India and GIC Re to launch India’s first Digital Identity Monitoring and Insurance Solution

by AIP Online Bureau | May 30, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology

“As more of the Indian population moves online and shares sensitive identity information on various platforms, it’s vital that individuals have access to the right protection should their data be breached. We are pleased to introduce our latest innovation in...
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