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ICICI Lombard launches “Corporate India Risk Index”
Bhargav Dasgupta, MD & CEO, ICICI Lombard said “Effective risk management starts with having quantifiable risk measurement tools. As we embrace risk mitigation practices, we must have these basic building blocks in place.This initiative will empower India Inc. to gauge risks better, understand their level of preparedness and accordingly adopt effective risk management practices.”
GIC Re records a net profit of Rs 987 cr in Q3 FY21, cautiously grows its prm to Rs 11,668 cr
The third largest Asian reinsurer had improved its combine ratio to 108.5 per cent during the reporting quarter as compared to 130.4 per cent in the yaer ago period.
Although Covid-19 influence remains on the insurance industry, severity of the impact is gradually reducing and the same is reflected in the results of the industry. GIC Re’s financials have shown indications of positivity and signals turnaround in the near future,said Devesh Srivastava, CMD, GIC Re.
IRDA issues alerts on fraud company selling insurance policies “Digital National Motor Insurance”
Poonawalla Group takes over Magma Fincorp in Rs 3,456 cr deal
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