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SBI Life’s net profit almost remains flat at Rs 814 crore in Q4FY25

SBI Life’s net profit almost remains flat at Rs 814 crore in Q4FY25

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...
Singapore general insurance premium rises by 6.3% to S$10.8 billion in 2024, Underwriting profit grows by 5.6% to S$642.31 million

Singapore general insurance premium rises by 6.3% to S$10.8 billion in 2024, Underwriting profit grows by 5.6% to S$642.31 million

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,...
Turning Around:National Insurance back in black, records Rs 30 crore net profit in Q3FY25

Turning Around:National Insurance back in black, records Rs 30 crore net profit in Q3FY25

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...
LIC’s net profit rises 17% to Rs 11,056 crore in Q3FY25

LIC’s net profit rises 17% to Rs 11,056 crore in Q3FY25

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...

Shriram Life Insurance records a net profit of Rs 43 crore in Q3FY25

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-...
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