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India Business News: Mahindra & Mahindra Financial Services on Tuesday announced the appointment of Mahesh Rajaraman as the Chief Risk Officer (CRO) of the company, effect ....
General insurance sector may revive in Q4 February 19, 2021 The industry should focus on product innovation: SBI General Insurance official The general insurance industry, which had witnessed a significant degrowth in business across various segments, including motor and health during the first quarter of FY21, is likely to turnaround and register positive growth in the fourth quarter of this fiscal. Massive degrowth According to Subramanyam Brahmajosyula, Head Underwriting & Reinsurance, SBI General Insurance, the industry had witnessed a massive degrowth in business during the first two to three months of the current fiscal, and most business segments other than fire, had registered a drop in growth. ....