by AIP Online Bureau | Jan 8, 2023 | Indian News, Non-Life, Reinsurance
The private sector general insurers have mobilised a total premium of Rs 96,246 crore, up 22 per cent in Apr-Dec period while PSU general insurers have gathered a total premium of Rs 62,092 crore,up 8.64 per cent, during the same period. Mumbai:The total premium of...
by AIP Online Bureau | Dec 1, 2022 | Indian News, Reinsurance
”In the last 6 years, Rs 25,186 crore have been paid by farmers as the premium, wherein Rs 1,25,662 crore have been paid to the farmers against their claims as on October 31, 2022 with Central and state governments bearing most of the premium under the...
by AIP Online Bureau | Nov 8, 2022 | Health, Indian News, Non-Life, Reinsurance
The private sector general insurers have further expanded their market share to 51.34 per cent till October-2022 as against 49.24 per cent in the year-ago period. The four PSU general insurers have continued to lose their market share to 33.13 per cent till Oct -2022...
by AIP Online Bureau | Sep 8, 2022 | Health, Indian News, Non-Life
Gross premium underwritten by general insurance companies has gone up by 18.57 percent to Rs.102,357 crore during the five months ended August 2022 The market share of private players also increased to 50.23 percent during the period from 47.90 percent a year ago...
by AIP Online Bureau | Aug 9, 2022 | Indian News, Life
The country’s largest life insurer LIC registered a more than twofold jump in new business premium income to Rs 29,116.68 crore during the month compared to Rs 12,030.93 crore in the year-ago month, the Insurance Regulatory and Development Authority of India...
