General Insurance News

Over a decade since their debut, zero-depreciation policies have become the top choice for 95% of new car buyers. Often referred to as bumper to bumper coverage, they do not…

Public sector general insurers have lost market share again with aggressive private companies taking the competition to new levels. PSU insurers saw their combined market share declining to 31.99 per…

Private General insurers increased their combined market share to 53.58 per cent in gross direct premium underwritten in the first half of the current financial year from 50.81 per cent…

The government recently said it has directed the ECGC to maintain a moratorium on insurance rates for Indian exporters in the wake of the Red Sea crisis. State-owned ECGC is…

In the first half of the current financial year, gross direct premium underwritten by private general insurers grew to 53.58 percent, up from 50.81 percent in the same period last…

Because of the aggressive private enterprises that are stepping up their competitiveness, public sector general insurers have once again lost market share. The total market share of PSU insurers decreased…

Zero-depreciation insurance are now the preferred option for 95% of new automobile buyers, more than ten years after they were introduced. Known as bumper to bumper coverage, this type of…

Following a barrage of claims brought on by October's glacial lake outburst and record flooding in Sikkim and sub-Himalayan West Bengal, Indian insurers are hiking premiums by up to 25%…

The monthly premiums of non-life insurance companies increased by 13.65% in October of this year to Rs 23,814.64 crore, up from Rs 20,954.89 crore in the same time last year,…

The government-run National Highways Authority of India (NHAI) said that it has approved an insurance surety bond for the first time in order to proceed with the monetisation plan of…