by AIP Online Bureau | Jun 1, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life
The insurance behemoth was followed by the country’s biggest lender State Bank of India (SBI) with Rs 18,643 crore profit during the fourth quarter. However, SBI was ahead of LIC in terms of annual profit as it earned Rs 70,901 crore in FY25 as against Rs 48,151...
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 21, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The British retailer will try to mitigate the impact with cost savings and insurance payouts, it said Wednesday. Online clothing and home orders, which account for more than £3 million of sales a day and have been suspended for more than three weeks, will be disrupted...
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...
by AIP Online Bureau | May 12, 2025 | Data, Non-Life
Looking ahead, Shriram General Insurance Company MD and CEO Anil Aggarwal said, “We are focused on diversifying our portfolio, expanding our digital capabilities, and enhancing our presence in underserved markets. We believe our strategic initiatives are...
