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INSURANCE CLAIMS RATIO
GIC Re reports 9.7% profit jump to Rs 1,922 crore driven by improved claims and underwritingGeneral Insurance Corporation of India has announced a notable profit increase of 9.7 percent, attributed to enhanced performance in claims...- Supreme Court rulings set to raise insurers' third-party liabilityGeneral insurers face higher motor third-party claim reserves due to Supreme Court rulings. A recent ruling fixes homemakers' notional inco...
- SC ruling may widen motor insurance cover for vehicle occupants, pillion ridersMotor insurance policyholders will receive broader occupant protection following a Supreme Court ruling. The court directed the insurance r...
- Insurer-hospital panel on the cards to resolve disputes, says General Insurance Council CEODr S. Prakash, CEO, Health Insurance Ecosystem & Strategic Partnerships, General Insurance Council, speaks to Preeti Kulkarni on policyhold...
- LIC weighing plans to invest in health insurance, fintech: R Doraiswamy, CEO, LICLIC said the government’s ₹31,552-crore offer for sale reflects investor confidence and helped achieve 10% public shareholding. The insurer...
- AI set to reshape insurance economics, push industry towards scale, specialisation: ReportArtificial intelligence is set to reshape the economics of the global insurance industry, with carriers, brokers and technology providers t...
- Warren Buffett's way to distinguish a great investor from a lucky one. Which one are you?In a bull market, everyone looks like a genius. Warren Buffett, having just booked what he believed was the largest one-year gain any Ameri...
- Star Health Insurance Q1 Results: Profit jumps 25% to Rs 550 croreStar Health reported a twenty-five percent net profit increase for the first quarter. Total income rose to Rs 4,471 crore from Rs 3,990 cro...
- Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
- Go Digit net profit dips 38% in Q1, premium falls 8.4%Gross written premium during the quarter also fell 8.4% year-on-year to Rs 2,731 crore. “In a soft market we would rather protect the quali...
- 5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...
- ICICI Lombard denied health insurance claim, stating the policy was cancelled; policyholder wins the case in consumer court, here’s whyAn insurer's appeal was dismissed by the Delhi State Consumer Commission. ICICI Lombard failed to submit its written statement within the l...
- Explained: Why ICICI Lombard shares tumbled 15% in their biggest fall since the COVID crashICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages t...
- ICICI Lombard General Insurance shares tumble 15% after Q1 profit takes a hitICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs 403 crore, hit by large fire clai...
- Buy, Sell or Hold: Motilal Oswal downgrades ICICI Lombard; JM Financial upgrades Billionbrains Garage VenturesBrokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Groww to Buy after strong Q1FY27 perfo...
- ICICI Lombard Q1 profit slumps 46% to Rs 403 crore on fire claims, SC verdict impactICICI Lombard's net profit fell 46 per cent in the June quarter. This decline resulted from two large fire insurance claims. A Supreme Cour...
- ICICI Lombard Q1 Results: Profit falls 46% on commercial insurance slowdown, higher claimsICICI Lombard reported a dramatic forty-six percent drop in profit for the first quarter, attributed to a downturn in commercial insurance ...
- Life insurers seen posting mixed Q1 nos, health players likely to outperformLife insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong p...
- Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that h...
- Cashless health insurance claim rejected? You may still get your claim settled; here’s howCashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reaso...
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