Irdai proposes ban on insurance website ‘dark patterns’, seeks lower distribution costsIrdai proposes prohibiting dark patterns on insurance websites that require personal details to access information. The reforms aim to impr...
Won't chase top-line growth at any cost: SBI General CEO on fire insurance pricing warSBI General Insurance will not chase fire insurance business at unsustainable prices. The company aims to improve profitability and maintai...
SBI General Insurance Q1 GDPI rises to Rs 3,506 crore; comprehensive income jumps 17%SBI General Insurance reported 10.9% year-on-year GDPI growth to Rs 3,506 crore in Q1 FY27. Comprehensive income rose 17.4% to Rs 573 crore...
General insurers log a premium NovemberIndia's general insurance sector experienced robust growth in November. Gross direct premium income surged by 24 percent year-on-year. This...
General insurers November premium income up 24%India’s general insurance industry saw strong growth in November, with Gross Direct Premium Income rising 24.1% year-on-year, driven by hig...
ICICI Lombard shares zoom 6% after Q2 profit rises 18% YoY. Should you invest?ICICI Lombard reported an 18% YoY rise in Q2 FY26 net profit to Rs 819 crore, despite a 1.9% decline in gross direct premium income to Rs 6...
ICICI Lombard Q2 net profit rises 18%ICICI Lombard General Insurance saw an 18% net profit increase in Q2 FY26 despite a 1.9% dip in gross direct premium income. The insurer's ...
To safeguard digital sovereignty, India should nurture local talent & firms while forging tie-ups with Big TechElon Musk's contention against GoI's digital content control highlights the broader issue of India's digital sovereignty. The balance betwe...
ICICI Lombard Q2 Results: Net profit jumps 20% YoY to Rs 694 croreThe company's gross direct premium income reached Rs 14,409 crore in H1FY25, up from Rs 12,472 crore in the same period last year. Excludin...
General insurers expect premium income growth of 32 pc to Rs 3.7 lakh cr by FY26: ReportThe industry's GDPI saw a robust 15.5 per cent year-on-year (YoY) expansion in 2023-24, rising to Rs 2.79 lakh crore on the health segment,...
Insurance industry's gross direct premium to cross Rs 3 lakh crore by FY25: ICRAMoreover, it said, the capital requirement of three PSU general insurers (excluding New India) is estimated at a sizeable Rs 172-175 billio...
ICICI Lombard Q3 results: Net profit remains flat at Rs 318 crGross direct premium income (GDPI) increased to Rs 4,699 crore from Rs 4,034 crore, against the industry's 4.9 per cent growth.
View: Some fiscal incentives are necessary to motivate people to buy health insuranceDespite increased interest in health insurance after the pandemic broke out, very little has translated into business for insurers. YoY inc...
General insurance sector may see 7-9% growth in GDPI in FY22: ReportWhile public sector insurance companies were slower to adjust to an online mode of growth, the reliance on physical meetings were higher wh...
Health and fire segments save the day for insurersStandalone health insurers such as Star Health, Aditya Birla Health Insurance, and Max Bupa reported robust growth in their gross direct pr...
Insurance industry reports a tepid 5% growth in FY21Standalone health insurers like Star Health, Aditya Birla Health Insurance, Max Bupa reported robust growth in their gross direct premium i...
ICICI Lombard Q1 results: Net profit rises 28.5%; GDPI dips 5.3%The gross direct premium income (GDPI) of the company stood at Rs 3,302 crore in the June quarter, down 5.3 per cent from Rs 3,487 crore a ...