Edelweiss General Insurance offers free 2nd year renewal
Edelweiss General Insurance is offering a policy rider where the second-year cover is free if there are no claims. The premium on the policy is in lines with other health…
Insurance sector to see strong growth on robust GDP: Moody’s Investors Service
Moody's Investors Service said India's insurance and reinsurance sectors will grow strongly driven by strong economic growth and evolving regulatory regime. It said robust GDP expansion, coupled with current low…
6 people arrested for Rs 80 lakh insurance fraud
The Kalyan crime branch unit of Thane police arrested six people, including two Mumbai based doctors and a Thane civic-run crematorium employee, for allegedly preparing death certificates of people who…
Kotak General Insurance in pact with Repco Home Finance
Kotak Mahindra General Insurance said it has signed an agreement with Repco Home Finance to distribute its insurance products. Repco Home Finance will act as the Corporate Agent of Kotak…
GO Digit Insurance launches pet insurance scheme
Go Digit Insurance, has launched a pet insurance product in the Indian market in partnership with Vetina, a US-based company. “Initially, it will be a reimbursement product and over period…
Allianz Global Corporate sets up India reinsurance branch
Allianz Global Corporate and Speciality announced setting up a new India reinsurance branch through which it plans to further expand its presence in the Asia-Pacific region. Allianz India Branch will…
SBI General Insurance Q3 profit up 53%
SBI General Insurance reported a 53 percent rise in net profit at Rs 89 crore for the quarter ending December. Its net profit was Rs 58 crore in the corresponding…
IAG considering stake sale in SBI General Insurance
Insurance Australia Group is considering selling a stake in SBI General Insurance. IAG, currently holds 26% in the general insurer. IAG is likely to sell its stake in multiple tranches.…
Budget 2019 may allocate Rs 4,000 Crore capital infusion for PSU General Insurers
The forthcoming Budget may make a provision for Rs 4,000 crore capital infusion for public sector general insurance companies to revamp their capital. According to sources, the Department of Financial…
RMAI Risk Management Summit 2019, a giant leap towards developing risk management culture in India
Risk Management Association of India, an NGO dedicated to cause of Risk Management education, training, organized a Full day Conference on Risk Management Challenges in New Era on 24th January…