Central Bureau of Investigation has filed an FIR against Deccan Chronicle Holdings Ltd, its Chairman T Venkatram Reddy and others for allegedly cheating the United India Insurance of Rs 30.54…
Goldman Sachs is in talks to acquire a stake in Royal Sundaram General Insurance Co. Ltd, through one of its private equity funds as per sources. “Royal Sundaram has been…
Shriram General Insurance Company is selling over 40,000 motor insurance policies per month through its mobile application M-Nova, according to the company. The policies being sold through the mobile application…
The Board of Directors of Universal Sompo General Insurance Company Limited met on 10.05.2018 and approved the financial results for the year ended 31st March, 2018. Commencing on the same,…
The labour ministry has proposed a high-level board that will work upon to set standards for occupational safety and health. The board would also oversee the implementation of standards for…
Insurance Companies are designing policies to cover individual insolvency professionals against charges of sabotage and negligence during the time bound resolution of bankruptcy cases. The insolvency resolution professional is appointed…
The proposal to merge the three general insurers National Insurance Company, United India Insurance and Oriental Insurance Company is likely to be completed not before early 2019, depending on the…
Cholamandalam MS General Insurance Company Limited (Chola MS), a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group, Japan has achieved a Gross Written Premium of Rs. 4103 crores during FY 2017-18 registering a year…
The finance ministry will be holding a performance review meeting of PSU insurance companies, including the LIC. The exercise will also set the pace for consolidation, said a finance ministry…
Successive governments have launched crop insurance schemes for farmers but they have not been able to push the benefits among the farmers. Many state government have implemented the agriculture insurance…