In the first half of the current financial year, gross direct premium underwritten by private general insurers grew to 53.58 percent, up from 50.81 percent in the same period last…
Because of the aggressive private enterprises that are stepping up their competitiveness, public sector general insurers have once again lost market share. The total market share of PSU insurers decreased…
Zero-depreciation insurance are now the preferred option for 95% of new automobile buyers, more than ten years after they were introduced. Known as bumper to bumper coverage, this type of…
Following a barrage of claims brought on by October's glacial lake outburst and record flooding in Sikkim and sub-Himalayan West Bengal, Indian insurers are hiking premiums by up to 25%…
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…