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ICICI Lombard General Insurance Q3 net at Rs 294 cr, up 23%

Jan 17, 2020

The company’s combined ratio stood at 98.7 percent in Q3FY20 compared to 95.9 percent in Q3 FY19.The insurer’s underwriting losses for Q3 stood at Rs 22.04 crore compared to loss of Rs 28.59 crore loss in the year-ago period

IRDAI chief cautions insurers against predatory pricing

Jan 17, 2020

When asked about his view on raising foreign investment in insurance sector from the current 49 per cent, he said IRDAI had sought opinions of stakeholders on raising foreign holding to 74 per cent and comments received have been forwarded to the government

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