by AIP Online Bureau | Apr 30, 2024 | Health, Indian News
The company’s underwriting losses have gone up by 40 per cent to Rs 91 crore in Q4FY24.The health insurer’s combined ratio, one of the key matrix in profitability, has risen marginally to 92.7 per cent in Q424 from 91.30 per cent in Q4FY23 Chennai: Star...
by AIP Online Bureau | Apr 28, 2024 | Indian News, Non-Life
V. Suryanarayanan, MD&CEO, Cholamandalam General Insurance The insurer has recorded a gross written premium of Rs 7,598 crore for the financial year ending March 31, 2024.The company said due to the impact of natural calamities like Cyclone ‘Biparjoy’,...
by AIP Online Bureau | Apr 26, 2024 | Indian News, Life
SBI Life said it registered a growth of 9 per cent in the value of new business (VoNB) to Rs 5,550 crore in FY24.VoNB is the present value of expected future earnings from new policies written during a specified period. Mumbai: SBI Life Insurance, the second largest...
by AIP Online Bureau | Apr 26, 2024 | Indian News, Non-Life, Reinsurance
BAGIC’S underwriting loss stood at Rs 76 crore for 04 FY24 as compared to a loss of Rs 2 crore in 04 FY23.The insurer’s combined ratio stood at 101.6 per cent in Q4 FY24 over 97.3 per cent in 04 FY23. Pune: Bajaj Allianz General Insurance...
by AIP Online Bureau | Apr 25, 2024 | Breaking News!, Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Pension & Social Security, Regulation
Debasish Panda, chairman,IRDAI Bima Vistaar will have a combined features of Life, Health, Personal accident and Property. For Life cover a premium of Rs 820 has to be paid while Health, Personal accident, Property have been priced at Rs 500, Rs 100 and Rs 80...
