by AIP Online Bureau | Sep 20, 2025 | Eco/Invest/Demography, Indian News, Policy
In the interest of economy and judicious utilisation of public resources, it is imperative that such expenditure be discontinued, said a letter from Sumantra Pal, economic advisor, Department of Public Enterprises, MoF, to PSU CEOs and administrative ministries of...
by AIP Online Bureau | Jul 21, 2025 | Indian News, Non-Life, Reinsurance
Led by Tata AIG General insurers, which had an underwriting losses of Rs 2,229 crore, 25 e private sector multiline general insurers ‘ underwriting losses have spurted by 12 per cent to Rs 12,398 crore in FY 24-25.Similarly, with Star Health at the top, the...
by AIP Online Bureau | Aug 4, 2024 | Indian News, Non-Life, Policy
Vivek Joshi,Secretary,Financial Services Oriental Insurance has earned Rs 18 crore profit in FY24 as against a loss of Rs 5,000 crore a year ago, while National Insurance Company narrowed its loss to Rs 187 crore from Rs 3,800 crore, and United India Insurance to a...
by AIP Online Bureau | May 27, 2024 | Indian News, Non-Life, Regulation, Reinsurance
Neha Parikh, vice president and sector head – Financial Sector Ratings, ICRA, further said : “With higher growth, the market share of private insurers in terms of GDPI is likely to rise to 69% for FY2025 and 71% for FY2026 from 68% for FY2024. The health segment,...
by AIP Online Bureau | Feb 14, 2024 | Indian News, Non-Life
The government is yet to decide about the dates for holding interviews for selecting two CMDs, one for United India Insurance and another for New India Assurance and nine EDs for six companies New Delhi: Six PSU general insurers including GIC Re, who are members of...
