Editorial Insurance Times October 2018
GIC Re, an Indian Reinsurer has been ranked 10th position among the Global Reinsurers. GIC Re has a potential of becoming a global player and it is already expanding its…
GIC Re, an Indian Reinsurer has been ranked 10th position among the Global Reinsurers. GIC Re has a potential of becoming a global player and it is already expanding its…
Merging of the three PSU Insurers National, United and Oriental as decided by the Central Govt. is still under preparatory stage . However, the merger process is not clear as…
The recent Rail accident where 61 people were killed and several other grievously injured near Amritsar was a very sad incident. Though the people are to blame for negligence, the…
Kerala experienced the unprecedented flood and disaster in recent months. There was huge loss of life and property. Massive rescue operations were carried out by Military, NDRF and wings of…
LIC has finally got the green signal from all of its Stakeholders to hold S1% shares in IDBI Bank and most of the formalities have also been completed. LICI may…
The Finance Ministry has finally appointed Subhash Chandra Khuntia as the new chairman of IRDAI. Lot of speculation has been going around since the past few months whether the new…
United India Insurance has posted a profit of Rs. 1003 crores for the year ended 31st March, 2018 which is a healthy trend. PSU insurers have been struggling with underwriting…
Mr T S Vijayan, Chairman, IRDAI (retired recently) mentioned in the recently held 4th South Asian Regulators meet that India, Pakistan and Bangladesh together account for 23% of the world…
IRDAI has recently issued several critical circulars aimed at streamlining operations, enhancing transparency, and ensuring better compliance within the insurance sector. Master Circular on Operations and Allied Matters of Insurers:…
The Election fever has already set in India and the results will be declared on 23rd May, 2019. Due to the election , the merger of 3 PSU companies has…