Insurance claim payment to train accident victims have increased by five times in FY18 against the previous fiscal despite drop in the number of accidents. This trend is visible mainly…
The Bihar government launched its own crop insurance scheme after it rejected the Centre's on the ground that it was helping insurance companies more than the farmers. The Bihar Rajya…
The country's largest reinsurance company - General Insurance Corporation of India listed on the stock exchanges in October 2017, and now it is issuing both dividend and bonus share for…
Reinsurance companies may be allowed to invest in Overseas Sovereign Bonds to reduce the risk of their global portfolio, and to promote the country as a major reinsurance hub that…
Against the directive of the Ministry of Road Transport and Highways, the General Insurance Companies have expressed reservatons, to provide third party insurance cover only to vehicles which possess valid…
Industry experts believe that demand for e-cars would grow in forthcoming years due to rising consumer awareness and stricter emission norms. Auto companies have also taken electric vehicles seriously with…
SBI General (SBI-G) insurance company plans to introduce an ‘inherent defects’ insurance policy for real estate developers. HDFC Ergo launched their similar product last November. As per the Real Estate Regulation…
As per IRDAI data, the gross premium of non-life insurers increased by 9.6 per cent to Rs 10,515.91 crore in May from the same month a year ago. The non-life insurance firms…
Launches a mobile protection plan to insure screen damages, for an amount as low as Rs 150 Get Flat 20% of the invoice amount in case of screen damage Zero…
G Srinivasan, Chairman and Managing Director, New India Assurance, stated that the company had achieved 19 % growth in premium income last year to reach Rs26,500 crore. “We are targeting…