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ICICI Lombard General Insurance net profit falls 9% to Rs 659 crore in Q3FY26

ICICI Lombard General Insurance net profit falls 9% to Rs 659 crore in Q3FY26

by AIP Online Bureau | Jan 13, 2026 | Health, Indian News, Non-Life

Combined ratio,— a key measure of underwriting profitability- of the company was at 104.5% in Q3 FY2026 compared to 102.7% in Q3 FY2025.Underwriting losses of the company more than doubled to Rs 353.78 crore in the reporting quarter from Rs152 crore in the year-ago...
ICICI Pru Life reports a 20% rise in its Q3 profit to Rs 390 crore

ICICI Pru Life reports a 20% rise in its Q3 profit to Rs 390 crore

by AIP Online Bureau | Jan 13, 2026 | Indian News, Life

`The recent ‘0% GST reform’ on individual policies has significantly aided growth of our retail protection segment. In Q3-FY2026, this segment registered a strong 40.8% year-on-year growth. Consequently, the retail sum assured, i.e., the total life cover...
Sompo aims at higher-yielding overseas credit to boost profits as traditional business flounders

Sompo aims at higher-yielding overseas credit to boost profits as traditional business flounders

by AIP Online Bureau | Jan 12, 2026 | Eco/Invest/Demography, International News, Reinsurance

Globally, private credit has grown into a $1.7 trillion market. Lending spreads have narrowed compared with 2023 due to intensifying competition, but for Sompo the debt remains attractive because spreads are still wider than other credit products. Tokyo:Sompo Holdings...
Swiss Re open to inorganic opportunities,says CEO Berger

Swiss Re open to inorganic opportunities,says CEO Berger

by AIP Online Bureau | Dec 6, 2025 | Eco/Invest/Demography, International News, Life, Non-Life, Reinsurance

“We are open to inorganic opportunities,” Swiss Re CEO Andreas Berger told analysts at its investor day. “I’d like to keep some powder dry.” Zurich: Swiss Re shares dropped 7.5% on Friday after the world’s second-largest reinsurer announced a new profit target that...
New India net profit soars almost 58% to Rs 454 crore in H1FY26

New India net profit soars almost 58% to Rs 454 crore in H1FY26

by AIP Online Bureau | Nov 13, 2025 | Indian News, Non-Life, Reinsurance

“Looking ahead, the company remains optimistic about sustaining growth momentum. We continue to register industry-leading growth in October, and early indicators suggest improvement in loss ratios in the second half of the financial year”Girija...
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