FDI hike would benefit Indian private non-life insurers: Moody's
The increase in foreign direct investment (FDI) limit by 23 percent to 49 percent is expected to alleviate the capital pressure on Indian private non-life insurers, global credit rating agency Moody`s Investor Service (MIS) said Thursday.
Jan 08, 2015, 13:11 PM ISTNon-life insurers premium income up 12% in March at Rs 77,541 crore
Among other categories, health insurance premium witnessed a rise of 13.5 per cent at Rs 17,623.91 crore in March 2014 and premium towards motor TP (third party) increased substantially by 25.7 per cent to Rs 15,682.85 crore.
Jun 08, 2014, 12:34 PM IST