by AIP Online Bureau | Jun 9, 2025 | Indian News, Life
The private sector life insurance industry, led by HDFC Life (with a total premium of Rs 4966 crore), has grown by 12 per cent y-o-y to Rs 20, 411 crore during the first two months of the fiscal. State owned Life Insurance Corporation(LIC) has increased its premium by...
by AIP Online Bureau | Jun 2, 2025 | Health, Indian News, Non-Life, Regulation
“Gross domestic premium income(GDPI) growth is expected to improve in FY2026 supported by pricing discipline in commercial lines and low base, continued growth in health and increase in vehicle sales vis-à-vis FY2025. Private insurers are expected to expand their...
by AIP Online Bureau | May 31, 2025 | Health, Indian News, Non-Life
“Focus is on to tapering down the loss ratios especially in Motor, Health and increase the profit element to further strengthen the balance sheet and improve the solvency. The long-term vision is to generate surplus in core operations and maintain a...
by AIP Online Bureau | May 26, 2025 | Indian News, Non-Life, Reinsurance
GIC Re board, which met on Monday to finalise its results, has declared a record dividend of Rs 10 per share(or 200 per cent) with a face value of Rs 5 Mumbai: With higher underwriting losses and combined ratio , state owned GIC Re’s net profit has fallen by 17...
by AIP Online Bureau | May 19, 2025 | Indian News, Non-Life
Girija Subramanian, CMD, New India Assurance “Even more encouraging is that our continued emphasis on profitable growth over the past several quarters is now yielding results. Despite the rise in gross written premium, the company has managed to improve its...
