Private sector General Insurers lead market share growth in April 2022
Private sector general insurance companies continued to grow faster than the industry in April 2022, driving the 24% industry growth, Read more
General insurers
3 PSU general insurers to get capital infusion of Rs. 5,000 crore
The Centre has raised the authorised capital of three public sector insurance companies – Oriental Insurance Company Limited (OICL), National Read more
IRDAI seeks business plans from 3 PSU general insurers
IRDAI has sought revised business plans from the three public sector general insurers – National Insurance Company, Oriental Insurance Company Read more
General insurers in Japan shift focus from motor to property and specialty lines, finds GlobalData
In a highly concentrated Japanese general insurance market, insurers are changing their focus towards property and specialty lines due to Read more
General insurers settle only third of claim amount due to natural calamities during FY21
General insurers settled only a third of the total claim amount due to natural calamities during the financial year ended Read more
Underwriting losses fall, profits jump for general insurers
Despite paying a huge sum as claims and facing other challenges and constraints triggered by the Covid pandemic throughout the Read more
Impact of COVID-19 on General Insurance sector in India and the way forward
Introduction: On December 8, 2019 the first pneumonia case of unknown cause was found in Wuhan, China. It was later Read more
General insurers see 2.7% growth in November premiums
General insurers have reported a 2.7 per cent year on year (yoy) growth in gross direct premium underwritten in November Read more
57% of COVID-19 claim remains unsettled
The data compiled by the General Insurance Council shows that general insurers are yet to settle and payout 57 percent Read more
Non-life insurance premium falls to Rs. 15,855 crore in October
General insurers reported gross direct premium of Rs 15,855.11 crore in October, down 0.42% year-on-year. However, motor insurance, which Read more
