by AIP Online Bureau | Feb 13, 2025 | Indian News, Non-Life
“This is the second consecutive quarter in this fiscal where we have posted a profit, which is a result of the strategic business initiatives by the corporate management in the recent past as per its road map towards a sustainable future in terms of growth and...
by AIP Online Bureau | Feb 7, 2025 | Eco/Invest/Demography, Indian News, Life
Siddhartha Mohanty, CEO & MD, LIC The value of new business (VNB) margin of the corporation has also improved to 17.1 per cent for the nine months period ended December 31st 2024, as compared to 16.6 per cent for the same period last year. Mumbai: Life Insurance...
by AIP Online Bureau | Feb 6, 2025 | Indian News, Life
Total premium income increased by 21 per cent to Rs 1,151 crore during the quarter under review, compared to Rs 841 crore in the corresponding period last year Chennai: Shriram Life Insurance Company recorded a net profit Rs 43 crore for the third quarter-...
by AIP Online Bureau | Feb 3, 2025 | Indian News, Life, Non-Life, Reinsurance
N Ramaswamy, CMD, GIC Re One of the outstanding features of GIC Re’s performance during the last quarter was its feat of improving its combined ratio significantly to 107.83 per cent in Q3FY 25 from 120.47 per cent in the year-ago period “We remain focused...
by AIP Online Bureau | Jan 28, 2025 | Indian News, Non-Life, Reinsurance
“I am happy to announce that we have been able to renew the prestigious government health scheme in the state of Rajasthan which will cover close to 1.3 crore families. The new policy which will start in February 2025 has seen a per-family premium increase of...