Underwriting Losses News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Returning to Underwriting Profits: Focusing on the Ghanaian insurance industry
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Returning to underwriting profits: Focusing on the Ghanaian insurance industry
ghanamma.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanamma.com Daily Mail and Mail on Sunday newspapers.
Insurance industry s underwriting losses increase by 6.2% in FY20, up to Rs 23,720 crore
Synopsis
Public sector insurers – five in total reported a bulk of these losses at Rs 18,741 crore in FY20, up from Rs 18,533 crore a year ago. Private insurers, 29 in all, meanwhile, reported sharp rise in losses albeit a much smaller base. Losses for private players came at Rs 3,647 crore in FY20 up from Rs 2,890 crore, a year before that.
Getty Images
MUMBAI: India’s general insurance industry saw its underwriting losses increase by 6.2% in FY20 largely on the back of losses suffered by public sector insurers in segments such as fire, motor and marine segments.