General Insurance companies have stopped providing insurance coverage to goods — mainly crude oil — imported from Iran. General Insurers in India including New India Assurance, United India and reinsurer…
General insurers have sought more time from the Supreme Court to implement its directives on making long-term third-party insurance mandatory and ensuring pollution under control (PUC) certificate is in place…
Fasal Bima Yojana launched in the 2016-17 kharif (summer sown crop) season, has reported a 15% decline in coverage of farmers in its second year (2017-18). The prime reason for…
General insurers in India are facing challenges in implementing the Supreme Court order asking them to issue three-year and five-year insurance policies for new four-wheelers and two-wheelers, respectively. General insurers…
The Telangana government launched a Rs.5 lakh insurance programme for farmers in the state, slated to be the first of its kind, under which their families will get the amount…
In order to stop delayed payment of crop insurance claims Central government is proposing to slap 12% interest on delayed crop insurance claim payouts under the Pradhan Mantri Fasal Bima…
State Bank of India has informed the stock exchanges that its board is looking to sell 4% of its existing shareholding in SBI General Insurance to a non-promoter entity through…
United India Insurance Company announced the appointment of S Gopakumar as its Director and General Manager with immediate effect. Prior to taking up the new role, Gopakumar was serving GIC…
After the initial public offerings of General Insurance Re and New India Assurance last year, the government is planning to reduce its stake further in the two companies with offers…
ICICI Lombard General Insurance has started automatic approval for cashless treatment in hospitals which are part of its network. According to the Lombard officials, the process involves using artificial intelligence…