The International Conference on Inclusive Insurance (ICII 2024), taking place from 21-25 October in Kathmandu, Nepal, will mark the 20th edition of this globally significant event. Hosted by the Nepal…
The Export Credit Guarantee Corporation of India (ECGC), fully owned by the Indian government, has shown robust technical earnings during the fiscal years 2023 and 2024, according to a report…
The government is exploring the possibility of a new turnaround strategy for three public sector non-life insurance companies after evaluating their capital needs, according to sources. United India Insurance, National…
Prime Minister’s Principal Secretary P.K. Mishra emphasized the need for expanding insurance coverage across various sectors to safeguard against the increasing frequency and severity of disasters globally, including in India.…
Maharashtra Ends Contract with Public Sector Insurer for Flagship Health Scheme The Maharashtra government has terminated its ₹3,000 crore contract with Chennai-based United India Insurance (UII) for implementing its flagship…
The Growing Economic Impact of Floods in India India continues to face devastating consequences from natural disasters, particularly floods. In 2024, states like Assam, Kerala, Himachal Pradesh, and Tripura suffered…
In a significant leadership transition, IFFCO Tokio General Insurance Company Limited (IFFCO Tokio), one of India’s premier general insurance providers, has appointed Subrata Mondal as its new Managing Director and…
In a significant consumer victory, the Punjab Consumer Disputes Redressal Commission has directed Star Health and Allied Insurance Company Limited, Chennai, to compensate Ludhiana resident Kulwinder Singh with Rs 6.25…
A Strategic Partnership to Bring Comprehensive Insurance Solutions Nationwide AU Small Finance Bank (AU SFB), India’s largest small finance bank, has entered into a strategic partnership with United India Insurance…
India's Union Ministry of Finance is set to sell a 6.78% stake in the state-owned General Insurance Corporation of India (GIC Re), valued at approximately ₹4,700 crore. This marks the…