General Insurance Corporation of India has announced a notable profit increase of 9.7 percent, attributed to enhanced performance in claims management and underwriting. The company reported an 8.8 percent year-on-year rise in gross premium income. Furthermore, the incurred claims ratio saw a significant enhancement, reflecting improved cost efficiency, while GIC Re’s combined ratio also indicated lower underwriting losses, showcasing overall financial robustness.
Yen’s slide to weekly loss prompts bets for another intervention
The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this
August 14, 2026