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General Insurers’ total Jan premium rises 15% to Rs 33,346 crore

General Insurers’ total Jan premium rises 15% to Rs 33,346 crore

by AIP Online Bureau | Feb 8, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation

With another two months, February and March, to go before the current fiscal, FY 26, comes to an end  , the industry’s total premium has already exceeded Rs 2.83 trillion till January whereas in FY 25,the industry’s total premium was over Rs 3.07 trillion Mumbai:Post...
GIC Re net profit falls 6% to Rs 1,519 cr in Q3,combined ratio improves to a record 105.32 %

GIC Re net profit falls 6% to Rs 1,519 cr in Q3,combined ratio improves to a record 105.32 %

by AIP Online Bureau | Feb 7, 2026 | Indian News, Life, Non-Life, Reinsurance

Hitesh Joshi, acting CMD, GIC Re. said,“`Our strategy is focused on leveraging our risk selection capabilities to drive profitable, high-quality growth. Going forward, the Indian general insurance (non-life) sector is expected to grow at more than 8 per cent in...
HDFC Life’s net profit remains flat at Rs 421 crore

HDFC Life’s net profit remains flat at Rs 421 crore

by AIP Online Bureau | Jan 15, 2026 | Indian News, Life, Regulation

Vibha Padalkar, managing director and CEO of HDFC Life, said, “The life insurance sector saw an acceleration in momentum during the third quarter, supported by recent policy reforms and a rising preference for protection-led solutions. The GST exemption acted as a...
20 of 24 PMFBY implementing states have opened escrow account for paying premium subsidy since Kharif 2025

20 of 24 PMFBY implementing states have opened escrow account for paying premium subsidy since Kharif 2025

by AIP Online Bureau | Dec 20, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

Andaman & Nicobar Islands, Manipur, Mizoram and Sikkim are yet to open Escrow Accounts under the PMFBY,said Minister of State for Agriculture and Farmers Welfare Ramnath Thakur New Delhi:20 of the 24 Pradhan Mantri Fasal Bima Yojana(PMFBY) implementing states have...
GST Cut Impact: General insurance industry premium surges 25% to Rs 26,900 crore in Nov

GST Cut Impact: General insurance industry premium surges 25% to Rs 26,900 crore in Nov

by AIP Online Bureau | Dec 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy

“Strong rebound in automobile sales and improving consumer confidence following the GST rationalisation in the sector, has provided another leg to overall growth. As both health and motor lines, two top portfolios in the industry, are expected to grow at a...
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