L&T General Insurance incurs Rs 106-cr loss in FY’12
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 gets IRDA approval to enter general insurance
Magma Fincorp has received IRDA (Insurance Regulatory and Development Authority) approval to enter general insurance joint venture business.
Interview with K G Krishnamoorthy Rao, MD and CEO, Future Generali
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…
GIC Re posts Rs 2,490-cr net loss last fiscal
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…
Tata AIG General Insurance amongst best companies to work for according to an HR Survey
At Tata AIG – employees are considered as “assets†and it prides’ itself in having the best of the talent in the General Insurance space.
Claims Management in General Insurance – Issues & Concerns
Underwriting and claims settlement are the two most important aspect of the functioning of an insurance company. Out of any insurance contract, the customer has the following expectations:
General Insurance Policy Wordings: Issues & Concerns in Liberalized De-tariff Regime
We are living in the age of globalization and liberalization. This is affecting all the economic activities. Insurance is no exception. As far as General Insurance in India is concerned,…
Necessity of training for the General Insurance Agents
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the insurance agents some procuring business were illiterate, some did not…
Preparation of Marine Cargo Policies
It is generally observed that most of the marine policies issued are defective. The areas where the mistakes are being committed are in attaching the clauses.
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