General insurers’ premiums rise 14%
The monthly premiums of non-life insurance companies increased by 13.65% in October of this year to Rs 23,814.64 crore, up from Rs 20,954.89 crore in the same time last year,…
The monthly premiums of non-life insurance companies increased by 13.65% in October of this year to Rs 23,814.64 crore, up from Rs 20,954.89 crore in the same time last year,…
The government-run National Highways Authority of India (NHAI) said that it has approved an insurance surety bond for the first time in order to proceed with the monetisation plan of…
According to the most recent payroll data, the Employees' State Insurance Corporation (ESIC) added 18.88 lakh new employees under the ESI Scheme in September. According to a labor ministry statement,…
UK Prime Minister Rishi Sunak made the announcement in a speech in London that the UK will serve as the home base for the first AI Safety Institute, as the…
In order to guarantee adherence to the Motor Vehicles Act, the Department of Financial Services invited private sector general insurance companies to work with state governments and the Ministry of…
Selling insurance is always challenging, but this isn't the case with products like cyber insurance. Industry sources claim that the market is currently experiencing rapid demand growth and that insurance…
In 2022, there were over 4.6 lakh road accidents in India, accounting for the worrisome 12 percent increase in fatalities per hour, as reported by the Ministry of Road Transport…
There are risks associated with watching a cricket match during the World Cup because of the large audiences and intense emotions it evokes in viewers. A modern insurer is now…
With steps taken to control losses, Oriental Insurance Company anticipates turning a profit by the end of the fiscal year. Although the management expects premiums to increase to Rs 18,000…
Gross direct premium income (GDPI) for the non-life insurance sector is expected to increase by 14% to 15% by FY37. In a meeting with members of the General Insurance Council,…