Wed, Jan 17, 2024
Indian insurers' favourable growth prospects have encouraged the sector to raise capital, outweighing the adverse impact of their weak underwriting profitability, Moody's said in a report. In FY23, the sector's paid capital rose to Rs 75,300 crore from Rs 73,400 crore a year earlier, an increase of 2.6 per cent.
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Thu, Sep 13, 2018
M&As fell about 30% on-year in August, says Grant Thornton. The month saw 33 deals valued at $634 million as compared to 48 deals worth $930 million a year ago.
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