Latest news with #Ruparelia
Time of India
6 days ago
- Business
- Time of India
India's non-life insurance premium rises 5.2% in June 2025: Report
India 's non-life insurance industry registered a 5.2% increase year-on-year in premiums to Rs 23,422.5 crore in June 2025, according to a report released by CareEdge Ratings on Wednesday. This was lower than the 8.4% growth recorded in June 2024. Explore courses from Top Institutes in Select a Course Category Operations Management CXO Degree Finance others Product Management MCA Data Science Public Policy Project Management Technology Digital Marketing Artificial Intelligence MBA Others Data Analytics PGDM Cybersecurity healthcare Design Thinking Leadership Data Science Healthcare Management Skills you'll gain: Quality Management & Lean Six Sigma Analytical Tools Supply Chain Management & Strategies Service Operations Management Duration: 10 Months IIM Lucknow IIML Executive Programme in Strategic Operations Management & Supply Chain Analytics Starts on Jan 27, 2024 Get Details "The transition to the 1/n rule has impacted the industry's performance, resulting in a slowdown in health insurance growth to single digits and muted growth in the passenger vehicle (PV) segment, which was partially offset by renewals in the commercial lines," the report noted. Despite the moderation in premium growth, non-life insurance premiums crossed the Rs 3-lakh crore mark in FY25, driven by supportive regulations, rising insurtech adoption, accelerating digitalisation, and an expanding middle class, the report said. Moreover, the government's Bima Trinity push is poised to accelerate growth in the non-life insurance sector. Further, standalone health insurers are expected to maintain their dominance in the retail health space. Live Events "At the same time, the trajectory of motor insurance will closely follow vehicle sales and the upcoming revisions to third-party tariffs. The proposed roll out of composite licences could reshape the competitive landscape in the medium term," Priyesh Ruparelia, Director of CareEdge Ratings, said. "However, rising competition and global geopolitical uncertainties will remain crucial watchpoints for the sector," Ruparelia added.
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Business Standard
6 days ago
- Automotive
- Business Standard
India's non-life insurance premiums rise 5.2% in June 2025: CareEdge
India's non-life insurance industry registered a 5.2 per cent increase year-on-year in premiums to Rs 23,422.5 crore in June 2025, according to a report released by CareEdge Ratings on Wednesday. This was lower than the 8.4 per cent growth recorded in June 2024. "The transition to the 1/n rule has impacted the industry's performance, resulting in a slowdown in health insurance growth to single digits and muted growth in the passenger vehicle (PV) segment, which was partially offset by renewals in the commercial lines," the report noted. Despite the moderation in premium growth, non-life insurance premiums crossed the Rs 3-lakh crore mark in FY25, driven by supportive regulations, rising insurtech adoption, accelerating digitalisation, and an expanding middle class, the report said. Moreover, the government's Bima Trinity push is poised to accelerate growth in the non-life insurance sector. Further, standalone health insurers are expected to maintain their dominance in the retail health space. "At the same time, the trajectory of motor insurance will closely follow vehicle sales and the upcoming revisions to third-party tariffs. The proposed roll out of composite licences could reshape the competitive landscape in the medium term," Priyesh Ruparelia, Director of CareEdge Ratings, said. "However, rising competition and global geopolitical uncertainties will remain crucial watchpoints for the sector," Ruparelia added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
14-05-2025
- Business
- Time of India
From fitness to networking, ex-Microsoft employee shares suggestions to bounce back after a layoff
When a tech giant like Microsoft makes headlines for laying off 6,000 employees — its biggest round of job cuts in over two years — the industry pays attention. As the company doubles down on artificial intelligence and trims managerial layers, the ripple effects are being felt across teams and geographies. Amid the uncertainty, Sital Ruparelia , an ex-Microsoft techie, took to LinkedIn with candid career advice and thoughtful suggestions, striking a chord with thousands navigating similar crossroads. Sital Ruparelia has more than a decade of experience at Microsoft and firsthand experience navigating corporate upheaval. He's offering free 30-minute coaching calls to those affected, as he understands the emotional toll of losing a job overnight. 'Happy to listen, answer questions and offer a perspective,' he posted on LinkedIn, opening his calendar and his heart to those reeling from the blow. Ruparelia's message isn't just practical—it's powerfully empathetic. Here's what he suggests- Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses In Thon Cham Container House | Search Ads Search Now Undo Embrace emotional ups and downs He suggests that it's completely normal to feel like one is riding an emotional rollercoaster after a layoff. One day might feel full of hope, the next clouded with frustration or doubt. Sital calls it 'four weather seasons in a week.' He believes there's no shame in needing comfort — whether that's a duvet day, comfort food, or venting to a friend. Recognising the volatility as part of the process helps reduce guilt and sets realistic expectations for the emotional journey ahead. Reconnect with your network when you're ready He advises reaching out once one has had the time to process the layoff. According to him, the next role is more likely to come through one's network than a job board. Whether it's colleagues, mentors, friends or clients, they can offer support, advice, and even leads. There is no need to dive in immediately, but when the moment feels right, re-engaging with people who care can open unexpected doors and reduce the feeling of isolation. Share the news early and directly He urges not to let shame or hesitation delay the conversation. According to him, it is good to let close circle—friends, family, former coworkers—hear the news directly and not through whispers or LinkedIn. People often want to help, but don't know how unless one invites them in. A simple message can lead to a coffee, a call, or a new connection. Clear finances Sital Ruparelia advises getting clear on finances to reduce stress and guide smart decisions. Spending must be adjusted, and if one is considering a career shift, it is best to aim for at least six months of savings. Move your body, calm your mind He emphasised that exercise plays a crucial role not just in physical health but in maintaining mental well-being. Simple routines like daily walks, yoga, or gym sessions can boost energy and provide structure during uncertain times. Pairing physical activity with mindfulness practices such as breathing exercises or meditation, helps manage stress. These small, consistent habits act as vital tools for staying grounded and resilient through transitions. It can be a turning point He pointed out that while it may be hard to see now, a layoff can often be the turning point for something better. Many eventually discover it led them to more fulfilling roles, healthier lifestyles, and clearer personal values. The experience forces reflection and action on things we typically delay. Though challenging, this period can spark unexpected clarity, growth, and long-term transformation.
