Valueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory approval in India. ...

Fire insurance premiums are set to rise as insurers like ICICI Lombard and Oriental Insurance reduce or withdraw discounts. This is due to ...

ICICI Lombard General Insurance aims to achieve a target combined ratio of 102%. CEO Bhargav Dasgupta stated that this was achievable given...

In the last 4 years, Irda has not given any new licence. Besides new licences, even the raising of capital by existing companies by way of ...

The combined ratio is a measure of profitability of insurance companies.

The holding company Digit Info Works will hold 100% of the reinsurance company.

GIC writes reinsurance for every non-life and over half of the life insurance companies in India.

We have a penetration of 0.8% against the 2.8% global average.There is a huge gap and we have to reach there.

We are not only serving the Indian diaspora, we are serving foreign nationals as well.

The cost of insuring homes and factories against natural calamities is likely to fall, in line with some 10% decline in overseas rates.

Entry of new smaller companies in place of major of companies ensures low rates.

Large insurance claims linked to major fires during the current financial year have induced top global reinsurers like Munich Re, Swiss Re ...

Firming up of reinsurance rates in India by regular players such as General Insurance Company (GIC), Munich Re and Swiss Re led to the entr...

Free product design will lead to sophisticated level of competition, Munich Re’s Ludger Arnoldussen spoke about it.