General insurers reported gross direct premium of Rs 15,855.11 crore in October, down 0.42% year-on-year. However, motor insurance, which was going through a challenging period in the last few…
IRDAI has approved in-principle acquisition of General Insurance business of Bharti AXA General Insurance Company Limited (Bharti AXA) by ICICI Lombard General Insurance Company Limited, the company said in…
Muthoot Finance, has partenered Bajaj Allianz General Insurance, to provide insurance on gold jewellery. The new product known as 'Muthoot Gold Shield' is the gold jewellery insurance scheme launched by…
General Insurance Corporation of India announced the appointment of Anjan Dey, General Manager, New India Assurance Company and Deepak Prasad, General Manager, General Insurance Corporation of India, as 'Director'…
The total underwriting losses of the insurance industry have surged by 4.4 per cent to Rs 22,859 crore in 2019-20, compared to the previous financial year, according to statistics…
Finance Ministry has asked 3 PSU General insurers, National Insurance, Oriental Insurance and United India Insurance, to rationalise branches and cut down avoidable expenses to improve their financial health.…
Andhra Pradesh's YSRCP government is going to launch its flagship 'YSR BIMA' scheme. The scheme will cover 1.41 crore 'Primary Bread Earners' of Below Poverty Line (BPL) families, belonging to…
The Central Government is considering a special scheme for exporters under which a premium subsidy of up to Rs 8,000 crore will be provided on export credit insurance, sources…
Long-term exposure to air pollution contributed to around 6.7 million deaths globally from stroke, heart attack, diabetes, lung cancer, chronic lung diseases, and neonatal diseases in 2019 with China (1.8…
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…