by AIP Online Bureau | May 31, 2025 | Health, Indian News, Non-Life
“Focus is on to tapering down the loss ratios especially in Motor, Health and increase the profit element to further strengthen the balance sheet and improve the solvency. The long-term vision is to generate surplus in core operations and maintain a...
by AIP Online Bureau | May 26, 2025 | Indian News, Non-Life, Reinsurance
GIC Re board, which met on Monday to finalise its results, has declared a record dividend of Rs 10 per share(or 200 per cent) with a face value of Rs 5 Mumbai: With higher underwriting losses and combined ratio , state owned GIC Re’s net profit has fallen by 17...
by AIP Online Bureau | Feb 3, 2025 | Indian News, Life, Non-Life, Reinsurance
N Ramaswamy, CMD, GIC Re One of the outstanding features of GIC Re’s performance during the last quarter was its feat of improving its combined ratio significantly to 107.83 per cent in Q3FY 25 from 120.47 per cent in the year-ago period “We remain focused...
by AIP Online Bureau | Apr 30, 2024 | Health, Indian News
The company’s underwriting losses have gone up by 40 per cent to Rs 91 crore in Q4FY24.The health insurer’s combined ratio, one of the key matrix in profitability, has risen marginally to 92.7 per cent in Q424 from 91.30 per cent in Q4FY23 Chennai: Star...
by AIP Online Bureau | Sep 27, 2022 | Health, Indian News, Non-Life
The four PSU general insurers, which together have over 35 per cent of industry’s market share, have generated 70 per cent of its underwriting losses in FY2021-22 19 full fledged private sector general insurers, led by IFFCO Tokio General Insurance, have...
