by AIP Online Bureau | Jan 22, 2025 | Data, Indian News, Non-Life
The insurer’s combined Ratio for Q3 2025 is 108.1%, as compared to 110.3% in Q3 2024 New Delhi: General insurance firm Go digit on Wednesday reported a nearly three-fold rise in its net profit at Rs 119 crore in the three months ended December 2024. The...
by AIP Online Bureau | Jan 17, 2025 | Indian News, Life
SBI Life’s expense of management increased during the quarter to Rs 2,417 crore as compared to Rs 2,188 crore in the third quarter of the previous fiscal Mumbai: SBI Life Insurance on Friday reported a 71 per cent rise in net profit at Rs 551 crore for the third...
by AIP Online Bureau | Nov 12, 2024 | Indian News, Life, Non-Life, Reinsurance
N Ramaswamy, CMD, GIC Re Though the largest Indian reinsurer has cut down its gross premium by 21 per cent to Rs 8,413 crore in the reporting quarter, it has improved its combined ratio, underwriting losses and incurred claims during the period “Our continuous...
by AIP Online Bureau | Oct 15, 2024 | Indian News, Non-Life, Reinsurance
The company is not expected to be profitable even this year. Earlier this year, Acko founder Varun Dua had said the company could become profitable in the financial year 2026-27 New Delhi: New-age insurance company ACKO has reported Rs 670 crore loss in financial year...
by AIP Online Bureau | Aug 18, 2024 | Health, Indian News, Non-Life, Reinsurance
T Babu Paul, executive director,National Insurance Company “Medical treatment costs have increased by 5-20 per cent, and to bridge the cost gap, an industry-wide tariff revision is expected this year. Our average claim amount has jumped to Rs 41,000 from Rs...
