ICICI Lombard net income jumps 40%
ICICI Lombard said its net income jumped almost 40 per cent to Rs 437 crore for the March quarter, boosted by the base effect in the year-ago period when it…
Benefits of the NSE
The stock market is just one great place where we look to grow our wealth. But what is the best way to choose the perfect stocks from this stock market?…
India plans to host first global insurance summit to attract investment
India plans to host the first state-sponsored global insurance summit later this year to flag challenges facing the industry, turn the global spotlight on Indian insurers and attract investments, an…
PSU General Insurers to monetise realty assets under infusion plan
Capital-starved state-run general insurance firms are eyeing monetisation of their real estate assets with the government making any future capital infusion conditional. Capital infusion by the government is contingent to…
Royal Sundaram General Insurance launched add-on covers for vehicle insurance
Royal Sundaram General Insurance Co. Ltd has introduced three add-on covers for its vehicle insurance policies.It has announced a ‘Smart Save’ add-on cover for private cars. This comes at a…
Cattle insurance scheme in Rajasthan to benefit 2 million rearers
Looking at the importance of animal husbandry in the economy of Rajasthan, the state government is providing schemes, including recently launched insurance cover for milch cattle. In inflation-relief camps, or…
New India Assurance loses tag of A-I’s ‘lead insurer’ to Tata AIG General Insurance
After the Tata group’s takeover of Air India, New India Assurance has lost its tag of the airline’s “lead insurer” to a firm from the conglomerate. New India Assurance had…
Chola MS General Insurance plans to re-enter crop insurance business
Cholamandalam MS General Insurance Company Ltd (Chola MS), is planning to re-enter the Rs. 25,000 crore crop insurance business after a gap of three years. “Nearly three years ago, we…
Chola MS General Insurance plans to re-enter crop insurance business
Cholamandalam MS General Insurance Company Ltd (Chola MS), is planning to re-enter the Rs. 25,000 crore crop insurance business after a gap of three years. “Nearly three years ago, we…
IRDAI ban repayment of insurance loan by credit card
IRDAI has decided to stop the facility of re-payment of loans taken against Life Insurance policies through credit cards. In a circular dated May 4, 2023, the insurance regulator advised…