NEW INDIA ASSURANCE

State-run non-life insurers that have started setting up a common third-party administrator (TPA) would initially invest Rs. 1 billion. The four insurers plan to set up the TPA company in…

Mr. G Srinivasan, former Chairman cum Managing Director (CMD) of United India Insurance Company Ltd, will now take over as the CMD of New India Assurance. After the suspension of…

Close to 5,000 insurance agents in the city are up in arms against what they call a draconian step by the central finance ministry to cut their commission to 5%.

Public sector general insurer New India Assurance is likely to post 18-20 percent gross premium growth in the current financial year, after reaching Rs 10,000 crore mark last fiscal, a…

Only a dozen companies will qualify to float an initial public offering (IPO) as per the draft guidelines put out by the Insurance Regulatory Development Authority (IRDA) recently.

The government has told state-run general insurance companies not to offer discounts on loss-making group health insurance policies, in an attempt to stem losses of close to Rs 1,500 crore…

The Pune District Consumer Disputes Redressal Forum (consumer court) has ordered New India Assurance Company Limited to pay more than Rs 75,000 to Sapna Nagrani from Shastri Nagar for refusing…