by AIP Online Bureau | Jan 5, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
In a move that supported the growth of the industry, New India Assurance(NIA), the country’s largest general insurer, after lying low with a single digit growth for the last few quarters, has expanded its topline by 14.47 per cent to Rs 4,070 crore in the month...
by AIP Online Bureau | Dec 27, 2023 | Indian News, Life, Regulation
During 2022-23, the life insurance industry recorded premium income of Rs 7.83 lakh crore registering 12.98 per cent growth De-growth of 2.21 per cent in the number of new policies issued Benefits paid on account of surrenders /withdrawals increased by 25.62 per cent...
by AIP Online Bureau | Nov 7, 2023 | Indian News, Non-Life
”Our focus is towards achieving GWP growth of 40 per cent in the FY 2023-24 driven by motor and non-motor segment,” company’s Managing Director and CEO Anil Aggarwal Jaipur: Shriram General Insurance on Tuesday reported over 58 per cent jump in net...
by AIP Online Bureau | Oct 9, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
With a total premium of Rs77,049 crore, up 21 per cent y-o-y, mobilised in the first six months Fy 2024, the market share of private sector multiline general insurers has inched up to 53.58 per cent from 50.81 per cent(in Sept fy 2023) while the SAHIs, with a total...
by AIP Online Bureau | Aug 8, 2023 | Indian News, Life
Life insurance behemoth Life Insurance Corporation has seen a slow down in its premium accretion in the month of July. The corporation’s total premium has declined by 47 per cent y-o-y to Rs 15386.57 in the month of July Mumbai: Despite bullish performance by the...
