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REINSURANCE TREATY COMPETITION
GoDigit promoters get Irdai nod for first pvt reinsurerValueattics Reinsurance Ltd, backed by Kamesh Goyal and Fairfax, becomes the first private reinsurer to gain regulatory approval in India. ...
13 Mar, 2025, 11.58 PM IST
Fire cover premiums to surge as rising claims pour cold water on discountsFire insurance premiums are set to rise as insurers like ICICI Lombard and Oriental Insurance reduce or withdraw discounts. This is due to ...
02 Jan, 2025, 12.28 AM IST
ICICI Lombard on track to meet 102% combined ratio: CEOICICI Lombard General Insurance aims to achieve a target combined ratio of 102%. CEO Bhargav Dasgupta stated that this was achievable given...
03 May, 2023, 08.06 AM IST
View: India's insurance sector needs more assurance from IrdaIn 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 ...
08 Jan, 2022, 06.12 PM IST
GIC Re raises premium for 8 industry categoriesThe combined ratio is a measure of profitability of insurance companies.
26 Mar, 2019, 08.18 AM IST
Prem Watsa’s Digit Insurance acquires ITI ReinsuranceThe holding company Digit Info Works will hold 100% of the reinsurance company.
28 Jun, 2018, 11.42 AM IST
GIC Re launches India’s 3rd biggest IPO on Wednesday; here's what you must knowGIC writes reinsurance for every non-life and over half of the life insurance companies in India.
12 Oct, 2017, 04.39 PM IST
Foreign investors are looking at GIC Re as dominant player in India: Alice G Vaidyan, GICWe have a penetration of 0.8% against the 2.8% global average.There is a huge gap and we have to reach there.
12 Oct, 2017, 08.12 AM IST
We get business because we are unique with strong financials: G Srinivasan, The New India AssuranceWe are not only serving the Indian diaspora, we are serving foreign nationals as well.
16 May, 2017, 08.25 AM IST
With decline in overseas rates home insurance to get cheaperThe cost of insuring homes and factories against natural calamities is likely to fall, in line with some 10% decline in overseas rates.
06 Mar, 2014, 05.40 AM IST
- Reinsurance costs in India still low
Entry of new smaller companies in place of major of companies ensures low rates.
01 Apr, 2011, 05.46 AM IST
- Top reinsurers want higher share of claim from insurers
Large insurance claims linked to major fires during the current financial year have induced top global reinsurers like Munich Re, Swiss Re ...
30 Mar, 2010, 02.32 AM IST
- Newcomers scramble in, give reinsurers run for premium
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...
24 Apr, 2009, 04.48 AM IST
With a local branch, we'll have a level-playing fieldFree product design will lead to sophisticated level of competition, Munich Re’s Ludger Arnoldussen spoke about it.
24 Sep, 2007, 03.26 AM IST