Crop Insurance cover third largest segment
Crop insurance has emerged as the third-largest line of business for the insurance industry, after motor and health, contributing 16 per cent of its total general insurance premium of Rs.1,28,000…
Reliance General Insurance IPO gets SEBI nod
Reliance General Insurance Company, said it has received markets regulator Sebi's go ahead to float an initial public offering. The IPO comprises fresh issue of little over 1.67 crore shares…
Reliance Capital arm, YES Bank in bancassurance agreement
Reliance General Insurance, has signed a comprehensive bancassurance-corporate agency agreement with YES Bank. YES Bank with its network of 1,040 branches across all 29 States and seven Union Territories will…
Higher crop insurance coverage to inflate crop insurance subsidy bill
The 2017-18 subsidy bill for the states and the Centre due to the Pradhan Mantri Fasal Bima Yojna (PMFBY) is set to increase 10-15 per cent as the scheme enters…
Chola MS General Insurance Honoured with Golden Peacock Award for Risk Management 2017
Chennai, Tamil Nadu, India Cholamandalam MS General Insurance Company Limited has been awarded the prestigious “Golden Peacock Award for Risk Management” for the year 2017. The Golden Peacock Awards were instituted in…
SBI General launches Simple Home Insurance Policy
SBI General Insurance Company Ltd, one of the leading general insurance companies in India, has launched its Simple Home Insurance Policy - a package product providing coverage for a term…
Deutsche Bank initiates coverage with hold rating on General Insurance Corporation
Global brokerage house Deutsche Bank has initiated coverage with hold rating on General Insurance Corporation of India and set a target price at Rs 830 per share, saying it is…
‘Cyber Safe’ Policy by Bajaj Allianz
‘Bajaj Allianz Individual launched ‘Cyber Safe’ policy, a cyber-protection product for individuals, which provides coverage to customers who fall victim to threats such as cyber-attacks, cyber extortion and cyber bullying.…
IPO launch of New India Assurance
New India Assurance Co. Ltd launched its Initial Public Offering worth Rs. 9,600. The insurance company has set a price band of Rs770-800 per share for the IPO, which values…
GIC Re lists at a 5% discount
General Insurance Corporation of India launches the share trading at a discount of 5% on issue price on the BSE. Around 43.82 lakh shares were transacted on the exchange. Whereas,…