by AIP Online Bureau | Apr 24, 2025 | Indian News, Life
Amit Jhingran, MD & CEO of SBI Life stated, “With a 12% growth in Individual Rated Premium, SBI Life outperformed industry growth of 10.5%. SBI Life has stepped into its 25th year. The company’s 3 key strengths – a highly effective distribution network, one...
by AIP Online Bureau | Mar 25, 2025 | International News, Non-Life, Reinsurance
“The general insurance sector is operating in an increasingly complex and fast-evolving risk environment. From climate-related disasters to rising medical costs and economic volatility, insurers today must navigate a rapidly changing landscape,” said Mr. Ronak Shah,...
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-...