by AIP Online Bureau | Oct 15, 2025 | Indian News, Life, Policy
“The recent GST revisions are a constructive structural shift aimed at simplifying compliance and improving affordability. We have ensured that the full benefits of the GST exemption are passed on to our customers,” Vibha Padalkar,managing director and...
by AIP Online Bureau | Oct 14, 2025 | Indian News, Non-Life
Combined ratio in Q2 FY2026 was 105.1 per cent as compared to 104.5 per cent in Q2 FY25. Company’s underwriting losses have dipped to Rs178 crore in the second quarter of the current fiscal from Rs160 crore in Q2FY26. The insurer, at 31.9 per cent, has breached...
by AIP Online Bureau | Oct 14, 2025 | Indian News, Life
The life insurer’s Value of New Business (VNB) improved marginally by 1 per cent to Rs 592 crore, compared to Rs 586 crore in Q2 FY25, while the VNB margin expanded to 24.4 per cent from 23.4 per cent, indicating better profitability in new business Mumbai:...
by AIP Online Bureau | Sep 3, 2025 | Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Gallagher Re estimated that the private insurance market and public insurance entities covered at least USD84B38 in losses from natural perils in 2025 HY, increasing from USD61B39 as originally reported for 2024 HY. This represents the costliest H1 for the industry...
by AIP Online Bureau | Aug 7, 2025 | Indian News, Non-Life, Reinsurance
N Ramaswamy, CMD, GIC Re Combined Ratio improves by 2.66% to 106.94% ,underwriting losses fall 30 per cent to Rs 907.76 crore, gross investment income increases by 18.37% to Rs 3,228.51crore “In a bid to fortify our balancesheet further, we have started the...
