#GoDigit raises Rs 1,176 crore from anchor investors ahead of #IPO.

September #GeneralInsurance Data |

▶️#ICICILombard premium up 3.6% YoY, Market Share at 9.36%
▶️#NewIndiaAssurance premium up 9%, market share at 12.60%
▶️#GoDigit premium up 5.5%, market share at 5.77%
▶️#StarHealth Prem up 18.4%, market share 5.08%

#ICICILombard, #GoDigit & #NewIndiaAssurnace in focus:

▶️Fin Min likely to have endorsed #IRDAI’s view of avg 18% hike in motor TP premium

▶️Analysts: 18% hike in motor TP prem can improve ind’s combined ratio by 400-500 bps

#NewsFlash | September General Insurance Data:

▶️#GoDigit premium up 3% MoM

▶️#ICICILombard premium down 12% MoM

▶️#NewIndia Assurance premium up 48% MoM

▶️#NivaBupa premium down 3% MoM

▶️#StarHealth premium up 7% MoM

#GoDigit General Insurance reports #Q2Results:

👉Gross Written Premium (GU) 12.6% at ₹2,667 Cr Vs ₹2,368 Cr (YoY)

👉Net profit up 30.2% at ₹117 Cr Vs ₹89 Cr (YoY)

👉Combined Ratio at 111.4% Vs 112.2% (YoY)

#JustIN | December general insurance data, #GoDigit premium rises 22% YoY, #ICICILombard premium up 16%

#GoDigit buzzing in trade, New India up over 5%, SC increases period of mandatory motor third party insurance