by AIP Online Bureau | Apr 30, 2024 | Health, Indian News
The company’s underwriting losses have gone up by 40 per cent to Rs 91 crore in Q4FY24.The health insurer’s combined ratio, one of the key matrix in profitability, has risen marginally to 92.7 per cent in Q424 from 91.30 per cent in Q4FY23 Chennai: Star...
by AIP Online Bureau | Apr 27, 2024 | Banking & Bancassurance, Indian News, Non-Life
Kishore Kumar Poludasu,MD and CEO,SBI General Insurance “The retail business led by Motor and Health have shown strong growth. SBI General Insurance continues to be No. 1 in the Personal Accident segment in the private market, along with its strong presence in...
by AIP Online Bureau | Mar 28, 2024 | International News, Non-Life, Reinsurance
“We’ll continue working with our market to deliver consistent profitable performance through disciplined underwriting,” Chief Executive John Neal said in a statement London: Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023,...
by AIP Online Bureau | Jan 30, 2024 | Indian News, Intermediaries, Life, Non-Life, Technology
Revenue from operations rose nearly 43 per cent to Rs 871 crore as proceeds from its insurance broker services more-than-doubled Mumbai: PB Fintech, the parent of online insurance aggregator Policybazaar, reported on Tuesday its first quarterly profit since listing,...
by AIP Online Bureau | Jan 12, 2024 | Indian News, Life
Vibha Padalkar,MD & CEO, HDFC Life On the Irdai plans to massively hike the surrender value of policies mid-way, Padilkar said that conceptually she agrees with the proposal, as policyholders should not be losing their money if on surrender. However, the industry...
