IRDAI has advised Public sector insurers to expedite claim process in Kerala. Motor insurance is expected to generate largest claims for the companies whereas for crop insurance, the Agriculture Insurance…
In spite of huge losses caused to home and property due to natural calamities, there are very few buyers for home insurance in India. The premium for home insurance is…
Supreme Court has turned down the last-ditch attempt by the general insurers to extend the time-frame for implementing its order on issuing long-term motor policies. After hearing all parties including…
With the increasing number of women’s working in the night shift in IT companies and other sector, their safety is a cause of concern. The Insurance Companies are devising covers…
Demand for purchasing insurance policy against online cyber attack is rising rapidly. Recently Cosmos Co-operative Bank, had a sizeable online fraud and caught the bank unaware. Banks are getting them…
In the first quarter of the fiscal, Reliance General Insurance has recorded 30% increase in Profit after tax amounting to Rs.57 crore. The Gross Written premium by the company increased…
PSU general insurance companies have still not got CMD inspite of post being lying vacant since long. Resultantly the market share of companies are also declining. According to the latest…
With increasing scams, NPA’s in Banking sector there has been a significant rise in the demand for Directors & Officers (D&O) liability cover. Bank officials said that legal expenses incurred…
SBI General Insurance has recorded a 126 per cent jump in its net profit at Rs. 113 crore for the first quarter of the fiscal. Its net profit stood at…
In a move that will benefit accident victims the Kolkata traffic police have decided to upload all accident-related documents for insurance companies to act upon and release the compensation quickly.…