New India Assurance to expand outside India
New India Assurance is in the process of leveraging its presence in the overseas markets. The company currently operates across 22 countries. It plans to enter Qatar,…
United India Insurance PAT rises 36 pc in FY13
United India Insurance Company recently reported 36 per cent increase in its Profit After Tax (PAT) at Rs 527 crore for the fiscal ended 2012-13 compared to…
General Insurance Corporation now eyes global buys
India's national reinsurer General Insurance Corporation (GIC Re) is considering acquiring a Lloyds Syndicate member as a stepping stone to meet its ambition of being among the…
Extend your insurance cover on paid-up policies
In case you are unable to pay premiums any more in your traditional or unit-linked insurance plans (Ulips), you can use the paid-up option. Here, the policy…
SBI General Insurance aims big in insurance
SBI General Insurance — a 74:26 joint venture of the State Bank of India and Sydney-based Insurance Australia Group — is planning to more than double its…
Reliance General Insurance hopes to grow 20 per cent in FY14
Private sector general insurer Reliance General Insurance expects to grow around 20 per cent in the current financial year, a top company official said.
High Court directs ICICI Lombard General Insurance Company to pay Rs 46 lakh to victim’s kin
A private insurance company has been directed by the Delhi High Court to pay more than Rs 46 lakh to the family member of a goldsmith who…
HDFC Life insurance launches ClassicAssure Plus
HDFC Life insurance launches ClassicAssure PlusHDFC Life today launched a participating, traditional insurance plan, ClassicAssure Plus, with limited premium payment term and a guaranteed reversionary bonus during the…