General Insurance News

Reliance General Insurance, plans to file fresh documents with the Sebi to float an initial share sale as the regulatory approval for the insurer’s IPO is going to lapse this…

GIC Re posted a 63.8 per cent drop in its net profit to Rs. 513.84 crore for the second quarter of the fiscal due to higher underwriting losses. Its net…

Karnataka Government is proposing to start its own crop insurance scheme. “There are apprehensions that the policy being implemented by the Centre is not beneficial to farmers as we feel…

DHFL General Insurance has launched a customisable online motor insurance policy which offers customers 19 add-on options based on their specific needs. The product known as COCO Drive, offers many…

SBI General Insurance, posted a 64.4 per cent increase in its net profit at Rs. 217 crore for the first half of the current fiscal when compared to Rs. 132…

The Finance Ministry said it is planning to come out with a share-sale offer of two recently listed PSU insurance companies — GIC and New India. The Department of Investment…

A motor accidents claims tribunal has asked the Thana Municipal Corporation in Maharashtra to pay a compensation of Rs. 60 lakh to the family of a traffic policeman who died…

At least 98 two-wheeler riders without helmets died daily in 2017 while another 79 car occupants lost their lives every day in accidents because they were not wearing seatbelts, according…

ICICI Lombard, has automated its claim investigation process for retail health insurance. Currently, as much as 15 per cent of the retail health claims go for investigation. “This has been…

Hero Insurance Broking India Pvt Ltd, part of Hero Enterprise, has received a three-year licence from the Insurance Regulatory and Development Authority of India (IRDAI). The broking entity has commenced…