The low penetration of general insurance companies is a major concern, said M Ramaprasad, member, Insurance Regulatory and Development Authority. Speaking at a meeting organised by the National Insurance Academy,…
Reliance General Insurance Co Ltd has been ordered by a consumer forum here to pay over Rs 4.11 lakh to a policy holder for first denying him the cashless hospitalisation…
State-owned Oriental Insurance today announced nearly 5-fold jump in net profit at Rs 253 crore in 2011-12 driven by better claim management and reduction in underwriting losses.
ICICI Lombard General Insurance has launched “Complete Health Insurance†— a flexible health insurance scheme.
Scientists say, "There is no life on Moon." But our S. Kumar (a retired Insurance Executive but popularly called as Senior DM, even today) dismisses it as, "Rubbish, they don't…
During the past one year, ICICI Lombard non-life insurance company recorded a growth of 62% in retail health insurance sector.
L&T General Insurance Company (LTGI) has incurred a loss of Rs 106 crore in its first full financial year of operations in 2011-12.
Magma Fincorp has received IRDA (Insurance Regulatory and Development Authority) approval to enter general insurance joint venture business.
Putting in place effective distribution tie-ups for micro insurance products is the need of the hour, feels K G Krishnamoorthy Rao, MD and CEO, Future Generali. He is fairly hopeful…
The General Insurance Corporation, India's sole re-insurer, has posted a net loss of Rs 2,490 crore in the fiscal ended March 2012, the first ever in its 40-year history. Gross…