New India Assurance sees 25% growth in revenue
New Indian Assurance has seen a 25 per cent year-on-year growth in its premium income till October this financial year, G. Srinivasan, its Chairman-cum-Managing Director, told. Mr. Srinivasan said…
New India Assurance eyes 100% growth in online policy sales
New India Assurance Co is looking to achieve 100% growth in online sales which stood at Rs 150 crore last year. "We are selling 30,000 policies every month online. Currently, our…
Aviva Launches India’s First Heart Insurance for Couples “Aviva Heart Care”
Aviva Life Insurance, today announced the launch of the first ever heart insurance for couples in India -Aviva Heart Care. A unique feature of this product is that it allows…
The Economic Times 3rd Insurance Summit brings key stakeholders of the industry together as they chart the roadmap of future growth
The Economic Times joined hands with SBI Life to present the 3rd Economic Times Insurance Summit’. The Economic Times recognizes the significance of the Insurance sector due to increased contribution in…
Crop insurance scheme: Bihar agrees to implement PMFBY
Union Agriculture Minister Radha Mohan Singh took a dig at the Bihar government after it agreed to implement the Pradhan Mantri Fasal Bima Yojana on an experimental basis. "Bihar government…
‘Cover all crops under insurance’: Standing Committee
Crop insurance coverage needs to be enlarged and made universal by including all crops and insuring major risks that may lead to crop failure, a report by the Standing Committee…
HDFC ERGO to cover political risks of firms operating abroad
Company has launched a political risk insurance policy, whereby companies operating internationally will be protected against arbitrary government actions and their investments protected. The policy will also safeguard businesses against…
New India Assurance gets Rs 1,430 crore relief from IRDAI
The Insurance Regulatory and Development Authority has relieved New India Assurance from a large insurance claim of Rs 1,430 crore from Nectar Life Sciences. The pharma company had bought marine…
New India Assurance opens India’s first international insurance office in Gujarat
New India Assurance has become the first insurance company to begin operations at India's first international financial services centre in Gujarat. Several banks have already begun operations from their respective…
United India aims double profit by digitalisation
United India Insurance Company (UIIC) plans a big digital push this year as it aims to more-than-double its profit to about Rs. 500 crore from Rs. 221 crore in 2014-15.…