The insurance industry was highly impacted by the Covid-19 pandemic. The total amount of death claims paid by all insurers surpassed Rs 60,000 crore in the first nine months of FY22, over two times higher than the death claims paid for the corresponding period in FY21, which was nearly Rs 29,500 crore. Covid-19 has brought significant awareness about insurance.
Aadhar Housing raises Rs 898 crore from 61 anchors
The IPO comprises a fresh issue of ₹1,000 crore and an offer for sale of ₹2,000 crore. The issue will open for subscription on May