by AIP Online Bureau | Sep 10, 2023 | Indian News, Non-Life
Public sector insurers saw their premium income fall by 1 per cent to Rs 34,203 crore during the first five months of the current fiscal. As a result, their market share plunged to less than a third at 32.5 per cent from 33.4 per cent, while premium income slipped...
by AIP Online Bureau | Aug 27, 2023 | Indian News, Non-Life, Policy
Vivek Joshi, secretary, Department of Financial Services(DFS), recently had reviewed the functioning of the four PSU general insurers in New Delhi but the pressing issue of the capital infusion was out of meeting’s agenda The three PSU general insurers that...
by AIP Online Bureau | May 10, 2023 | Indian News, Non-Life, Regulation
The FY’23 financial numbers would give some idea about the impact of restructuring initiated on the profitability numbers and the solvency margin, sources said Barring the solvency ratio of New India Assurance, this key indicator of the three Public sector general...
by AIP Online Bureau | Apr 19, 2023 | Health, Indian News, Non-Life
Out of 16 vacancies of general mangers across five companies including GIC Re, 11 have been cornered by women candidates New Delhi: The public sector general insurance companies, for the first time, have seen a few senior women officers (deputy general managers)...
by AIP Online Bureau | Mar 12, 2023 | Indian News, Non-Life, Policy
Based on the performance in the FY23, the finance ministry would take a call as to how much capital they would require to meet regulatory requirement, the official said.They are not in good financial health and fund would be infused in these entities to augment their...
