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GROSS UNDERWRITTEN PREMIUMS
Insurance premiums rose in 2025, so did costsIndian insurance sector saw steady premium growth in FY25. Life insurers reported improved profits, with total profit after tax rising sign...- Life insurers' premium income rises nearly 13 pc to Rs 7.83 lakh crore in FY23During 2022-23, Irdai said, life insurers issued 284.70 lakh new policies under individual business, out of which public sector insurers is...
- Private general insurers expand market share to 53.58 per cent in H1'FY24"Private general insurers have a combined market share of 53.58 per cent YTD September 2023 with a growth rate of 21.13 per cent as compare...
- Stocks in news: Bajaj Finserv, IDBI Bank, Equitas Small Fin Bank, Godrej AgrovetThe Securities and Exchange Board of India (SEBI) has given its consent to reclassify the government’s stake in IDBI bank as “public” after...
- ADIA eyes stake in Aditya Birla’s health insurance businessThe discussions for a minority stake are expected to gather momentum in the coming weeks as ADIA, one of the leading sovereign funds (SWFs)...
- PSU general insurers lose market share; New India bucks trendPrivate sector player ICICI Lombard General Insurance Co climbed to number two in terms of market share, which rose to 8.30% from 7.26% a y...
- LIC's dominance in India makes it a global behemothPurely in terms of AUM, LIC s also the largest asset manager in India as of September 30, 2021, with an AUM of ₹39 lakh crore which include...
- Non-life insurance companies register over 7 pc rise in gross premium at Rs 18,953 cr in Dec 2021In a break-up, the 24 general insurance companies had registered a gross premium of Rs 16,109.62 crore in December 2021, up by 4.2 per cent...
- Non-life insurers direct premium rises by 6.7% in January25 general insurance companies witnessed 10.8 per cent increase in their collective premium in the first month of 2021 at Rs 16,247.24 cror...
- ICICI Lombard in talks to acquire Bharti Axa General InsuranceThe announcements on the matter could be made in the next two weeks, sources said.
- Rush for health cover helps general insurers recover in Q1Standalone health insurers’ underwritten premium was at Rs.3200 crore for the quarter.
- Covid scare prompts rush for health cover, other segments hitPremiums worth Rs 1,807 crore underwritten in March by standalone health insurers.
- Non-life insurers register 17% rise in Aug new premium income at Rs 15,964 crThe 34 insurers' gross premium collection stood at Rs 13,657.51 crore in the same month a year ago.
- Gross premium collection of non-life insurers grows 20pc in JulyThe gross premium collection of all the 33 non-life insurers rose by 14 per cent to Rs 49,067.47 crore in April-June 2018-19 compared to Rs...
- Non-life insurers' February premium up 33 per cent at Rs 10,287.74 croreOf the total premium collected in February 2017, public sector companies cornered Rs 5,289.09 crore, up 34.9 per cent against the year-ago ...
- Non-life insurers' premium in November up 29% to Rs 9,163 croreThe non-life insurance companies, including both private and public sector, had collected a premium of Rs 7,104.42 crore in the same month ...
- Non-life insurers premium income up 12% in March at Rs 77,541 croreAmong other categories, health insurance premium witnessed a rise of 13.5 per cent at Rs 17,623.91 crore in March 2014.
- Tata AIG General Insurance posts 54 per cent rise in profit at Rs 162 crore in FY14As per the company, consumer line of business contributed 64 per cent of the total business showing substantial increase over the previous ...
- P Chidambaram wants greater penetration in the non-life insurance sectorFinance Minister P Chidambaram today said there is a need to increase penetration and coverage of non-life insurance in the country.
- P Chidambaram asks insurance sector to focus on smaller townsP Chidambaram asked the general insurance industry to spread awareness about the need for risk cover in smaller towns across the country.
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