by AIP Online Bureau | Aug 6, 2026 | Indian News, Life
R Doraiswamy, CEO & MD, LIC, said,“The numbers are good this quarter, but if you look at the growth in premium or APE, it is not as high as what you would have expected.What gives us more happiness is that our VNB has grown by 61 per cent plus and our VNB margin...
by AIP Online Bureau | Jul 24, 2026 | Indian News, Non-Life
“The Motor Third Party line of business continued to be under pressure as there was no premium increase while claims inflation continued. The significant spike in the Motor TP loss ratio had a severe adverse impact on the results. The industry is looking forward...
by AIP Online Bureau | Jul 24, 2026 | Indian News, Life
“We have definitely seen the margin bottoming out,” SBI Life MD and CEO Amit Jhingran said in a post-earnings call. “Going forward, with higher focus on individual policies, margin is going to be towards the upper range of our guidance.”...
by AIP Online Bureau | Jul 16, 2026 | Indian News, Life, Non-Life, Reinsurance
“We assure clients of uninterrupted service, continuity of coverage and consistent relationship management, as the existing facultative reinsurance portfolio from Allianz Commercial / Allianz Global Corporate & Specialty (AGCS) will be transitioned to...
by AIP Online Bureau | Jun 4, 2026 | Indian News, Non-Life, Technology
AIC strengthened its technology-enabled insurance ecosystem through the use of advanced analytics, geospatial technologies, satellite imagery, remote sensing and AI-based tools, Lavanya Mundayur,CMD, Agriculture Insurance Company New Delhi:State owned Agriculture...