[caption id="attachment_25248" align="alignleft" width="124"] Dr Rakesh Agarwal, Editor, The Insurance Times[/caption] From the Editors Desk The Insurance Times, August 2024 Issue While the IRDAI has announced its ambitious goal of…
GIC Re, an Indian Reinsurer has been ranked 10th position among the Global Reinsurers. GIC Re has a potential of becoming a global player and it is already expanding its…
Merging of the three PSU Insurers National, United and Oriental as decided by the Central Govt. is still under preparatory stage . However, the merger process is not clear as…
The recent Rail accident where 61 people were killed and several other grievously injured near Amritsar was a very sad incident. Though the people are to blame for negligence, the…
LIC has finally got the green signal from all of its Stakeholders to hold S1% shares in IDBI Bank and most of the formalities have also been completed. LICI may…
The Finance Ministry has finally appointed Subhash Chandra Khuntia as the new chairman of IRDAI. Lot of speculation has been going around since the past few months whether the new…
United India Insurance has posted a profit of Rs. 1003 crores for the year ended 31st March, 2018 which is a healthy trend. PSU insurers have been struggling with underwriting…
Mr T S Vijayan, Chairman, IRDAI (retired recently) mentioned in the recently held 4th South Asian Regulators meet that India, Pakistan and Bangladesh together account for 23% of the world…
Budget 2018 has provided for the merger of three Non life Insurers Oriental, United and National Insurance and the follow up exercise has already been started and hopefully by next…
The Budget was presented in parliament on 1st February, 2018 by Finance Minister Arun Jaitely. Two major decisions were taken in the budget concerning the insurance sector. First to merge…