by AIP Online Bureau | Jun 1, 2024 | Indian News, Non-Life, Regulation
Five candidates are Rejeshwri Singh, CMD, National Insurance Company, Randip Singh Jagpal, executive director, IRDAI, CS Radhika, general manger, United India Insurance and two other candidates from the private sector insurance industry-Balasubramanian Pulicat,...
by AIP Online Bureau | May 27, 2024 | Indian News, Non-Life, Regulation, Reinsurance
Neha Parikh, vice president and sector head – Financial Sector Ratings, ICRA, further said : “With higher growth, the market share of private insurers in terms of GDPI is likely to rise to 69% for FY2025 and 71% for FY2026 from 68% for FY2024. The health segment,...
by AIP Online Bureau | Dec 5, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance
The Best’s Market Segment Report, “Market Segment Outlook: India Non-Life Insurance,” notes that factored into the outlook revision are recent regulatory shifts that have allowed for increased and new investments in Indian insurers by multinational players and direct...
by AIP Online Bureau | Oct 6, 2022 | International News, Non-Life, Reinsurance
While AM Best expects premium revenue to increase, mainly driven by fire, personal accident and other specialty insurance, it is probable that underlying underwriting profit will contract from a higher loss ratio for voluntary automobile insurance. Potentially higher...
by AIP Online Bureau | Aug 18, 2022 | Indian News, Non-Life, Regulation
From the public sector insurers, Madhulika Bhaskar, general manager and acting in charge of New India Assurance(NIA) was the lone candidate to have appeared for the interview. Some of the private sector professionals who had appeared for the interview today are-TA...
