Bajaj Allianz General Insurance, India’s leading private general insurer today introduced a missed call service for its Travel Insurance customers. The company is the first in the insurance industry to…
The third quarter net profit of ICICI Lombard General Insurance was recorded at a 5.5% increase at Rs. 232 crore (Rs. 220 crore in the year-ago period). “Our profit after…
New India Assurance Company reported a profit after tax (PAT) of Rs 617 crore for quarter ended December 31, 2017 against a loss of Rs 24 crore in the same…
The government’s plan to merge the three unlisted public sector general insurance companies (PSGICs) – National Insurance Company, United India Insurance Company and Oriental Insurance Company – is expected to…
The Bermuda-based American reinsurer XL Catlin, is open to tap the inorganic route, says its global chief executive. Describing the group as a steady player with long-term goals, Charles Cooper,…
Nolife insurers have decided to reduce their premiums in the ‘own damage’ segment by 5-20% for the existing and new customers of private and commercial vehicles as the new regulations…
General insurance companies are understood to have sought an extension of the March 31 deadline for linking the policyholders’ accounts with Aadhaar number. G Srinivasan, Chairman and Managing Director of…
New India Assurance Company holding a formidable share in Indian Insurance market expects the momentum of high growth to continue for some more time with increasing insurance penetration, according to…
The Insurance Regulatory and Development Authority of India, has directed all general insurers to sell third-party cover online along with other regular channels. “Insurers shall also liaise with the police…
A study by the Central Marine Fisheries Research Institute (CMFRI) has revealed that insurance remains under-utilised in fisheries compared to other agriculture sub-sectors. The fisheries sector has received little attention…