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New India turns profitable at Rs 71 crore in Q2FY25

New India turns profitable at Rs 71 crore in Q2FY25

by AIP Online Bureau | Oct 30, 2024 | Health, Indian News, Non-Life

Girija Subramanian, CMD, NIA, said, “It gives me immense satisfaction that the operating metrics have improved, with loss ratio as well as combined ratio being lower than the same period last year with profit after tax showing a 5x increase. While the premium...

Reinsurers return more capital on very strong 2021 results: Fitch

by AIP Online Bureau | Mar 17, 2022 | International News, Non-Life, Reinsurance

The strong increase in earnings in 2021 allows reinsurers to overcompensate for a rise in excess mortality losses linked to Covid-19, above-average natural catastrophe claims and a lower investment income Paris/Frankfurt: The four major European reinsurers – Hannover...

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