Digital Suraksha Group Insurance launched
Flipkart, and Bajaj Allianz General Insurance Company, have jointly launched 'Digital Suraksha Group Insurance' for customers who want to cover themselves against financial losses caused as a result of…
ICICI Pru Life to raise up to Rs. 1,200 crore by issuing NCDs
ICICI Prudential Life Insurance said it will raise up to Rs. 1,200 crore by issuing non-convertible debentures (NCDS) on private placement basis. "The Board of Directors has at their meeting…
No deadline extension for motor insurance policies
The Centre may have advised state governments to extend the validity of all vehicle-related documents up to December 31, 2020. According to a clarification from the General Insurance Council,…
CCI approves acquisition of general insurance business of Bharti AXA by ICICI Lombard
The Competition Commission of India (CCI) has approved the acquisition of General Insurance Business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited…
Aviation insurance losses touch an all-time high as claims hit Rs 3,700 crore
A series of major and minor air-crash incidents have led to aviation insurance losses touching an all-time high of Rs 3,700 crore. The insured loss of close to Rs…
General insurers see nearly 6 pc fall in premium income at Rs 22,775 crore in Sept
Non-life insurance companies reported a 5.55 per cent decline in gross premium income at Rs 22,774.60 crore during the month of September of the current fiscal year, as per…
Reliance General partners SatSure Analytics for crop insurance biz
Reliance General Insurance said it has partnered with SatSure for satellite-based crop monitoring and predictive analytics support to better risk management and improve efficiency of its crop insurance business operations.…