by AIP Online Bureau | May 1, 2025 | Eco/Invest/Demography, International News, Reinsurance
Arif Amiri, Chief Executive Officer of DIFC Authority, said, “With over 125 insurance and reinsurance entities having their operations in DIFC , it is well positioned to broaden and deepen its role as the region’s leading insurance hub. With its progressive and...
by AIP Online Bureau | Apr 23, 2025 | Indian News, Life
LIC’s total new business premium rose just two per cent Rs 2.26 lakh crore in for FY25, which included Rs 62,404.58 crore from individual new business New Delhi: Led by state owned Life Insurance Corporation(LIC), domestic life insurers recorded a marginal 5.1...
by AIP Online Bureau | Apr 17, 2025 | Indian News, Life
“As we enter our 25th year of existence, our aspiration remains, against a backdrop of a stable regulatory regime, to consistently outpace sector topline growth, deliver VNB growth in line with APE growth and double key metrics every 4 to 4.5 years.” Vibha...
by AIP Online Bureau | Apr 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The cyber insurance line was profitable for 2024, but direct written premiums fell for the second straight year due to declining rates and fewer policies in force U.S. cyber insurance renewal premium rates have fallen YoY for the last three quarters and are...
by AIP Online Bureau | Apr 15, 2025 | Indian News, Non-Life
Sanjiv Mantri, MD &CEO, ICICI Lombard General Insurance. The insurer’s combined ratio was at 102.5 per cent in Q4 FY2025 as compared to 102.3 per cent in Q4 FY2024. Its underwriting losses have swelled up by 38 per cent year-on-year(Y-o-Y) to Rs 209 crore from Rs...
