2024 – Insurance Times

Shares of LIC, surged 10% to hit an eight-month high on expectation of double-digit growth in new business premiums.The insurer is expecting higher growth, chairman Siddhartha Mohanty recently said. Life…

Saraswati Paul had applied to the State Bank of India, Radhanagar Branch, for a loan for her grocery business. A loan of Rs 8.99 lakh was sanctioned on March 28,…

Ajmer Vidyut Vitram Nigam had several stores in Sikar. The goods kept in the stores were insured under a Standard Fire and Special Perils Policy and under a Burglary Policy,…

Observing that from five months a foetus in its mother's womb till birth can be treated as equal to a child in existence, a motor accidentclaims tribunal, in perhaps the…

The detective department has nabbed an insurance company executive who allegedly changed registered phone numbers of several policy holders of the firm — one of the biggest in India —…

Non-disclosure of existing health conditions is the main reason for insurers to reject claims. Around 25% of health insurance claims are rejected because the insured had pre-existing conditions like diabetes…

Speeding accounted for seven out of every 10 deaths on Indian roads in 2022 as road fatalities hit a record 1,68,491 with another 4.4 lakh injured, including close to 2…

Industry figures for November 2023 indicate that standalone health insurers have been significant drivers of growth in the non-life insurance sector. According to flash figures released by the General Insurance…

New India Assurance, having surged 50% in the past five trading sessions, has opted for an annual revision of health insurance premiums, moving away from the previous practice of increasing…

Max Healthcare Institute Ltd said it will buy Starlit Medical Centre Pvt Ltd for an enterprise value of Rs 940 crore, thus acquiring the ownership of 550-bed Sahara Hospital in…