India
SBI General Insurance 9M 2025 profit skyrockets
SBI General Insurance 9M 2025 profit skyrockets
The company’s gross written premium (GWP) rose by 10.9% YoY.
India life insurance premiums rise 6.1% in FY 2023-24
Insurers also issued 291.77 lakh new policies under individual businesses.
Prudent Insurance Brokers appoints new chief to expand global business
He has a Bachelor of Commerce in Business Management from R.A. Podar College.
Aon launches life and health reinsurance practice in India
Renuka Nar has been appointed head of broking for the new practice.
WTW appoints new head of FINEX India
Gupta will collaborate with the FINEX team in India and Asia to deliver insurance solutions.
India's non-life insurance premiums dip slightly in December 2024
Because of revised reporting requirements that defer long-term policy recognition.
India’s general sector premiums seen to rise in the medium term
The sector has also benefitted from favourable investment conditions.
SBI Life Insurance 9M 2024 profit catapults 48% YoY
Annualised premium equivalent also jumped by 11% YoY.
IRDAI reforms focus on modernising insurance oversight
The Regulatory Sandbox framework has also been updated.
India's life insurance annual premium equivalent drops 2.3% in December
This was in contrast to the 13.6% YoY increase in December the previous year.
Gallagher names new principal officer in India
He joined the company in late 2023.
PhonePe launches insurance for Maha Kumbh Mela attendees
The plan is developed in collaboration with ICICI Lombard General Insurance.
India’s life insurance sector bound for 6.9% annual growth: Swiss Re
Total premium volumes predicted to increase by an average of 7.3%.
India's non-life insurance slightly dips by 0.33% in December
On a year-to-date (YTD) basis, the industry jumped 7.82%.
India’s insurance penetration slumps to 3.7% in FY 23-24
Insurance density in India rose slightly, from $92 in FY 22-23 to $95 in FY 23-24.
Kotak Life launches AI-powered HR assistant
Its chief human resources said it aims to modernise HR services.
India’s Union Cabinet extends crop insurance schemes
It has a total allocation of ₹69,515.71 crore.
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