JEast Posted January 4, 2012 Posted January 4, 2012 As premiums for the non-life sector India continues to expand, but at spurts and starts, ICICI Lombard may approach $1B in gross premiums in 2012. http://www.capitalmarket.co.in/if.asp?L=insurance&M=cmedit%2Fstory25-0.asp%3Fsno%3D526483 As a caution though, combined ratio is still north of 100%. Cheers JEast
Hawk4value Posted January 5, 2012 Posted January 5, 2012 My horns go up when premiums go up substantially. I hope we don't get any reserve surprizes in the future.
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