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Global nonlife insurers leverage innovation for financial strength: AM Best

by AIP Online Bureau | Mar 16, 2022 | International News, Non-Life, Reinsurance, Technology

The report notes that innovative companies may need to make a trade-off between higher expense ratios in the short run for lower and more-sustainable combined ratios in the long run OLDWICK, N.J: Five-year benchmarking analysis of AM Best-rated nonlife companies’...

Economic Survey: India lags behind global average in non-life penetration

by AIP Online Bureau | Jan 31, 2022 | Indian News, Life, Non-Life

As of 2020, the penetration for life insurance in India is 3.2 per cent and nonlife insurance penetration is 1 per cent New Delhi: Though, India is at par with international average in terms of insurance penetration for life insurance, the country  lags behind in...

Non-life insurance cos register over 7 pc rise in gross premium at Rs 18,953 cr in Dec 2021

by AIP Online Bureau | Jan 11, 2022 | Health, Indian News, Non-Life

The five standalone health insurance companies registered a 31.3 per cent rise in their gross underwritten premium at Rs 1,740.15 crore during the month, against Rs 1,325.03 crore a year ago Hyderabad: The gross direct premium underwritten by non-life insurance...
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