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Good Q4, commentary perk up ICICI Lombard General Insurance stock

ICICI Lombard General Insurance Company reported financial improvement and optimistic commentary in Q4FY24. It reported 17 per cent year-on-year (YoY) growth in Gross Written Premium (GWP) and 115 bps improvement in the Combined Ratio (COR) in FY24, and improved COR guidance with COR going from 104.5 per cent in FY23 to 103.3 per cent in FY24, 102.4 per cent in FY25 and 102.0 per cent in FY26.

Bima sugamThird partyInsurance companyMotor third party obligations regulationsGeneral insurance companyGross written premiumCombined ratioSocial sectorProject orion

All in one insurance plan: IRDAI may price Bima Vistar at around ₹1,500 per individual

All in one insurance plan: IRDAI may price Bima Vistar at around ₹1,500 per individual
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Bima vistarBima manthanBima vistaarBima sugamNarendra bharindwalDevelopment authority of indiaInsurance brokers association of indiaInsurance regulatoryDevelopment authorityTwo day bima manthanPersonal accidentInsurance brokers association

All-in-one insurance product: Irdai prices Bima Vistaar at Rs 1,500 per policy

In the financial year 2022-23 (FY23), India’s overall insurance penetration was down at 4 per cent from the level of 4.2 per cent in FY22, according to a Swiss Re Sigma report.

Bima sugamBima vahakNarendra bharindwalBima trinityBima vistaarLife insurance councilInsurance brokers association of indiaInsurance councilVice presidentInsurance brokers associationSwiss re sigmaGeneral insurance councilBima trinityIrdai newsInsurance productsHat is bima vistaar

IRDAI removes age limits on health insurance purchase

The Insurance Regulatory and Development Authority of India (IRDAI) has removed the age cap on buying health insurance policies, effective from April 1, 2024.

New delhiBima sugamCompetent authorityDevelopment authority of indiaInsurance regulatoryDevelopment authorityHealth insurance

Health, life insurance growth drivers for us : Yashish Dahiya, Chairman & CEO of PB Fintech

Yashish Dahiya, Chairman & CEO of PB Fintech, talks about focussing on growth, sustaining profit, and the challenges the insurance industry is facing - Issue Date: Apr 28, 2024

Yashish dahiyaBima sugamBusiness today

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