Non-life insurers report strong MoM GDPI growth in Mar’21
Gross domestic premium income (GDPI) for non-life insurers grew 23% / 5.2% YoY in Mar’21 / FY21,..
Bharti AXA Life Insurance has partnered with Fincare Small Finance Bank for distribution of life insurance products through the bank's pan-India network.
Healthy growth in Individual business
Takeaways from pre-quarterly release
* The strong disbursement growth seen post the festive season sustained throughout the ..
The implementation of the vehicle scrappage policy will not only give a boost to the vehicle makers and their suppliers but also to the non-life insurers for multiple rea..
Insurance tracker Feb’21 – Strong show amid tax planning season
The insurance industry put up a strong show in Feb’21, reporting retail NBP growth o..
Business momentum remains strong, attractive valuations
There is a possible volume traction in life insurance companies as evinced by premium sales in the months of De..
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Private players’ Individual WRP grows ~23% YoY in Feb’21
LIC grew ~9% YoY, private players’ market share rises to ~60% over FY21 YTD
* Private p..
With a view of listing the state-run insurance major Life Insurance Corporation of India (LIC), the government has proposed to raise the authorised capital of LIC to Rs 2..
Private players’ Individual WRP grows ~7% YoY in Jan’21
LIC reports a decline of ~45% YoY, market share at 41% over FY21 YTD
* The Individual weighted..
Steady quarter; pro forma GNPLs decline
* PAT grew 15% YoY to INR2.9b in 3QFY21, led by healthy performance in the HFC and AMC segments. However, the same was offset b..
Motor premium growth softens, health outperforms in Jan’21
Jan’21 witnessed a slowdown in GDPI due to motor segment. Motor GDPI growth slowed down to 4% Yo..
Rupee strengthens against US dollar on Tuesday
Rupee falls 10 paise to 73.94 against US dollar in early trade
NCLT approves sale of IL&FS education arm to LEHL
Rate decision, US stimulus likely constraints to rupee's further appreciation
Rupee slips on RBI's dovish stance, 'loose' policy
Star India bags Pro Kabaddi media rights for five seasons
Microsoft Remote Desktop for macOS updated with M1 chip support
When people thought Big B had lost his eyesight!
Mercedes sales in China help accelerate Daimler profit
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