premium income
ICICI Lombard net income jumps 40%
General insurers see nearly 6 pc fall in premium income at Rs 22,775 crore in Sept
SBI Life Insurance net profit up 5%
LIC posts 11.47% jump in premium income to Rs.2.23L cr
Health insurance segment clocks a higher rate of growth
Health insurance is likely to become the largest sub-segment of general insurance in the next seven to eight years, overtaking the motor vehicle insurance segment. Read more
My agenda is to cut down underwriting losses- Milind Kharat, CMD, United India Insurance
Milind Kharat, the man at the helm of United India Insurance Co., has over three decades of experience in the insurance industry. A post-graduate in economics from the University of Bombay and a fellow of the Insurance Institute of India, he has held different positions at various levels with diverse profiles in public sector insurance companies, including New India Assurance Co Ltd and Agriculture Insurance Co. of India Ltd. He also had a couple of international stints in Japan and Fiji. In an exclusive interview to Business Line, the first after he took over as the Chairman and Managing Director of the Chennai-headquartered insurance company last month, he said his primary agenda is to cut down underwriting losses, and improve focus on rural penetration. Read more