General insurance industry may grow by 20% annually
The Indian general insurance industry is likely to grow by around 20 per cent per annum in the coming years because of increasing penetration, a top official of New India…
Get ready to shell out more for motor, health & fire insurance
You may soon have to shell out more to buy motor, health or fire insurance. Concerned over the high level of losses in general insurance and pressured by a government…
Up to 35% cars on Indian roads without insurance
Almost a third of cars and more than two-thirds of two-wheelers on Indian roads do not have even the mandatory third-party liability insurance, according to an analysis by insurance companies. Worse,…
2 road mishap victims’ families get Rs 1.03 cr compensation from New India Assurance
The families of a man and his cousin, who died in a road mishap involving a rashly-driven truck in Uttar Pradesh three years ago, have been awarded a total compensation…
It’s a dog’s life in insurance, too
It’s a dog’s life – in insurance, too. Though public sector general insurers and some private ones have offered this cover to tap the growing number of canine lovers in…
Compensate accident victims kin, HC tells insurance firm
The Madurai bench of the Madras high court has upheld a judgment passed by the Motor Accidents Claim Tribunal, Dindigul, on September 29, 2009, and directed the New India Assurance…
Consumer court rules against New India Assurance
When the vehicle was stolen at night, he immediately lodged a police complaint. When they could not find the bike, he claimed insurance. The company assured him that it would…
Road mishap victim’s family gets Rs 62L compensation from New India Assurance
New India Assurance Company to pay Rs 62L compensation to the family members of a man, who died in a road mishap involving a rashly driven truck in Uttar Pradesh…
Plan afoot for insurance university
Asean, a not-for-profit organisation that runs Faridabad-based Asean Institute of Insurance and Risk Management (AIIRM), along with insurance companies is holding talks with various state governments for setting up an…
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