Search result for 'premium growth'

Moody''s projects 7.3% GDP growth for India in FY26, boosting household income and insurance demand. Digitization and reforms to aid growth.

RBI flags high-cost distribution strategies of insurers, impacting profitability and consumer value. Focus on cost rationalization is crucial.

CRED CEO Kunal Shah rules out immediate IPO, prioritizing premium segment growth, new products, and building trust in financial services.

NIIT Ltd reports a 43.6% decline in Q1 profit to Rs 4.37 cr, while revenue rose 2% to Rs 84.11 cr. Details on BFSI impact and iamneo acquisition.

India's non-life insurance premiums rose 5.2% in June 2025 to Rs 23,422.5 crore, driven by supportive regulations and rising insurtech adoption, but moderated growth compared to previous year.

Finance Minister Nirmala Sitharaman has urged PSU insurers to leverage AI for improved risk assessment and customer service, emphasizing digital transformation and innovation in the sector.

Niva Bupa Health Insurance aims to achieve over 15% growth in premium collection in FY25, driven by strong solvency, profitability, and expanding market share.

Moody's expects increased FDI limit in insurance to attract global players and boost growth. Budget's tax cuts will further fuel sector's profitability.

Moody's forecasts India's economy to grow 7% in FY25, driving insurance premium growth due to robust expansion and rising demand for health insurance.

Insurers are seeking tax benefits for buyers and incentives for selling policies in the upcoming Union Budget. They hope for measures to boost insurance penetration and make it more affordable.

India's agricultural insurance sector is projected to grow from 2024 onwards, driven by government initiatives like YES-Tech Manual and WINDS portal, boosting accessibility and efficiency.

Shriram General Insurance reports Q4 net profit of Rs 121 crore with a 34% growth in Gross Written Premium. The company is expanding its branch network and aiming for 30% GWP growth in FY25.

LIC reported a significant 26.41% increase in total premium collection in March 2024, outperforming other listed insurers. The state-owned insurer holds a 58.87% market share based on premium...

HDFC Life Insurance reported a 16% rise in net profit to Rs 365 crore in the December quarter, driven by strong investment gains. Read more.

LIC is exploring the possibility of setting up a fintech arm as part of its digital transformation initiative, aiming to enhance customer experience and expand its business.