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New India’s net profit rises 32 % to Rs 118 crore in Q1FY23

New India’s net profit rises 32 % to Rs 118 crore in Q1FY23

by AIP Online Bureau | Aug 10, 2022 | Indian News, Non-Life

“After a challenging FY22, Q1FY23 saw a turnaround with the company’s results improving considerably compared to the previous quarter. The gross written premium growth at 6.5 per cent was low as the company took several proactive steps to strengthen the...
CMD Selection: FSIB recommends Neerja Kapur for New India,Girija Subramanian for AIC

CMD Selection: FSIB recommends Neerja Kapur for New India,Girija Subramanian for AIC

by AIP Online Bureau | Jul 27, 2022 | Indian News, Non-Life

Neerja Kapur, general manager , New India Assurance The FSIB, that replaced the BBB (Banks Board Bureau) as the head hunting agency for the top management of PSU banks and insurance companies on July 1, had interviewed seven shortlisted general mangers of different...

LIC, GIC Re, New India continue to be systematic important insurers, need extra supervision: IRDAI

by AIP Online Bureau | Dec 30, 2021 | Eco/Invest/Demography, Indian News, Life, Non-Life, Regulation, Reinsurance, Risk Management

Domestic systemically important insurers(D-SIIs) are already being subjected to enhanced regulatory supervision as the continued functioning of D-SIIs is critical for the uninterrupted availability of insurance services to the national economy On Thursday, the...
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