Homevideos Newsfinance News

    May general insurance data: Premium falls significantly on QoQ basis

    videos | IST

    May general insurance data: Premium falls significantly on QoQ basis

    Mini

    The premiums of general insurance companies have fallen significantly in May on quarter on quarter (QoQ) basis.

    The premiums of general insurance companies have fallen significantly in May on quarter on quarter (QoQ) basis.
    The life insurance data also came a couple of days back and we saw the same trend there as well. There was growth on a year-on-year (YoY) basis but on the month-on-month (MoM) basis, fresh restrictions did play out and there was a significant downtick.
    Similar is the story with general insurance companies. The industry premium that is excluding standalone health insurance is up 7 percent when compared to YoY.
    Of course, a weak base effect has played out, but it has fallen by 32 percent on MoM.
    Watch the accompanying video of CNBC-TV18’s Yash Jain for more details.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
    next story

      Most Read

      Market Movers

      View All
      CompanyPriceChng%Chng