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- Insurers may provide Rs 6,500 crore more for TP motor pool
Insurers in TP motor segment may have to provision Rs 6,500 cr more to comply with IRDA's directive, a CRISIL report today said.
- Higher provisioning in third party motor insurance to increase insurers' losses
Higher provisioning requirement in third party motor insurance segment by the insurance regulator (IRDA) is likely to increase losses.
- General insurers to face Rs 10,000 crore underwriting loss in FY-11: Crisil
Crisil estimates the industry's underwriting losses to increase significantly to more than Rs 100 billion in 2010-11 from Rs 59 billion in ...