Health insurance scheme in offing for Central government employees
With special focus on pensioners and serving Central government employees, a health insurance scheme is in the offing.
Ten years on, private life insurers need lifejackets
India’s private sector life insurance players remain in the red, even 10 years after breaking ground in the domestic insurance business, with sustained profitability eluding most companies.
Swiss Re may buy 26% in L&T’s proposed health insurance JV
Engineering major Larsen & Toubro (L&T) is likely to tie up with Zurich-headquartered Swiss Re, a global reinsurer, for a joint venture in health insurance.
General insurance biz to break even this year: Reliance Cap
Despite the difficult market conditions, Reliance Capital posted a strong set of number for the fourth quarter of FY12. The company achieved a milestone in terms of turnover last year,…
Health insurers yet to make a mark in rural markets in India
Even as Government-backed health insurance has picked up, general insurers still find the going tough in rural and semi-urban markets.
Health insurance is still a major loss contributor
Mr Ashok Kumar Roy, General Insurance Corporation's new Chairman and Managing Director, wants his organisation to be among the top five companies in the world over the next decade.
Royal Sundaram general insurance counts on retail health segment for growth in FY13
Royal Sundaram General Insurance, which was one of the very few general insurance companies to clock profits in 2011-12, is banking on the retail health insurance portfolio for growth in…
Kotak Life Insurance net profit grows to 109%
Private insurer Kotak Life Insurance posted 109 per cent growth in profit after tax for FY12 which stood at Rs 211 crore over that of the previous fiscal.
Motor Accident Claims Tribunal (MACT) awards Rs 12 L compensation in mishap case
Family members of an MCD employee, who was crushed to death in a road accident by a rashly driven bus in 2006, have been awarded a compensation of over Rs…
IDBI Federal insurance launches its first online plan ‘Termsurance Seniors Insurance’
Taking a step forward towards online insurance sale, a leading insurer, IDBI Federal Life Insurance Company has announced the launch of its first ever online product 'Termsurance Seniors Insurance Plan'.