by AIP Online Bureau | Apr 23, 2025 | Indian News, Life
LIC’s total new business premium rose just two per cent Rs 2.26 lakh crore in for FY25, which included Rs 62,404.58 crore from individual new business New Delhi: Led by state owned Life Insurance Corporation(LIC), domestic life insurers recorded a marginal 5.1...
by AIP Online Bureau | Apr 23, 2025 | Banking & Bancassurance, Indian News, Non-Life
Naveen Chandra Jha, MD & CEO, SBI General Insurance Naveen Chandra Jha, MD & CEO, SBI General Insurance, said, “We have been consistently growing faster than the market. In FY25, our GWP grew by 11.1 per cent, 70 per cent faster than the industry growth of...
by AIP Online Bureau | Apr 23, 2025 | Workplace/Employee Benefits
SBI General Insurance, one of India’s leading general insurance companies, today announced its financial results for FY25, marking a milestone as the companycompletes 15 years of operations. Continuing its robust growth trajectory, the company reported a Gross Written...
by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
The new group, to be called Helvetia Baloise Holding, will become one of the ten largest insurers in Europe, under what the two companies called a “merger of equals” with an even spread of senior executives and board members Helvetia and Baloise plan to merge to...
by AIP Online Bureau | Apr 23, 2025 | International News, Non-Life, Reinsurance
The Tokyo-based casualty insurer has the highest market share in Asia among global firms, but it’s No. 3 among Japanese peers in North America, “so the challenge is how to become the top player there,” said Shinichiro Funabiki,CEO, MS&AD Insurance Group Holdings...
by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Policy
Gita Gopinath, chief economist, IMF IMF’s outlook report pegs the Indian economy to grow at 6.2 per cent in 2025 and 6.3 per cent in 2026, which is over 2 percentage points above second-ranked China’s economic growth forecast at 4 per cent for 2025 and 4.6 per...
by AIP Online Bureau | Apr 23, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security
The Assets Under Management (AUM) for both NPS and Atal Pension Yojana (APY) expanded by 23 per cent during 2024-25 to Rs 14.43 lakh crore by end-March 2025, it said New Delhi: The National Pension System (NPS) has achieved significant growth with private sector...
by AIP Online Bureau | Apr 23, 2025 | Indian News, Intermediaries, Non-Life, Reinsurance
Anant Pawar, Aviation & Space Leader, Willis,India Willis handles Indigo’s re/insurance accounts. It is the largest airline in India by passengers carried and fleet size, with a 63.6 per cent domestic market share Mumbai: Willis, a business of WTW has...
by AIP Online Bureau | Apr 23, 2025 | Data, Eco/Invest/Demography, Policy, Wealth Management/ Philanthropy
This demand has been driven by rising geopolitical tensions and ongoing global economic uncertainties. His recent comments and decisions, including imposing tariffs on Chinese goods and questioning the Fed’s policies, have added to market volatility New Delhi: Gold...
by AIP Online Bureau | Apr 22, 2025 | International News, Non-Life
Based in Singapore, Blizzard will report to Marcos Gunn, Regional President, Asia Pacific, with a matrix reporting line to Daniela Hernandez, Division President for International A&H, Overseas General Insurance Singapore: Chubb announced today the appointment of...
