India's general insurance firms record 22% uptick in premium income for Nov

India's general insurance firms record 22% uptick in premium income for Nov

Bajaj Allianz General Insurance's premium income was 62.1 per cent higher.

FPJ Web DeskUpdated: Wednesday, December 14, 2022, 09:25 PM IST
article-image
Pixabay |

General insurance firms across India clocked a 22.1 per cent rise in premium income Rs 19,209 crore in November, according to the General Insurance Council. Before that the growth of premium income in October had been recorded at 15.5 per cent.

Among state-owned firms National Insurance Company registered a 39.2 per cent jump in premium income at Rs 1,615 crore, alongside Oriental Insurance where it went up by 41.3 per cent

As for private players, Bajaj Allianz General Insurance's premium income was 62.1 per cent higher, followed by ICICI Lombard General Insurancewhich saw an 18.9 per cent spike.

RECENT STORIES

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

HCL Tech Q1 FY26 Results: Net Profit Falls 10% To ₹3,843 Crore, Revenue Up 8% YoY; Declares ₹12...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Raids 150 Locations Across Country Against Fraudulent Tax Benefits And Fake TDS...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

Income Tax Dept Launches Nationwide Crackdown On Fake ITR Deductions; ₹1,045 Crore In False Claims...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

InGovern Flags Regulatory Loopholes As Viceroy Report On Vedanta Sparks Concern Over Unregulated...

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY

Kesoram Industries’ Q1 Loss Widens To ₹99.3 Crore, Revenue Drops 9.3% YoY