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general insurance News
Car insurance claim: Top tips to claim damage beyond vehicle repair
Tue, Jul 30, 2019
Car insurance claim has some norms that ensure claim damage beyond repair. These norms include time information to the insurance company, proper documentation etc.
Govt may now recapitalise PSU insurers prior to next wave of restructuring
Wed, Jul 10, 2019
The government is looking at restructuring three relatively weaker public general insurers -- National Insurance Company, United India Insurance Company and Oriental India Insurance Company.
Insurance claims: Policy holders may get option to get accident/health benefits in installments
Mon, Jan 21, 2019
The concept may be altogether new to the general/ health insurance industry, but it is in vogue since long in the life insurance industry, especially in respect of endowment policies, where maturity claim benefits are paid in installments to the policyholders.
'Govt should reduce GST on insurance sector to 10-12%'
Sun, Jan 21, 2018
The company is hopeful of 10% premium growth with underwriting correction measure solvency margins to reach 1.8 by March 2018
Going for a trip this festive season? Do not ignore travel insurance
Wed, Sep 27, 2017
A travel insurance plan offers coverage against all possible travel and medical emergencies while travelling within India or abroad.
Reliance Capital to treble lending to SMEs, consumers to Rs 50,000 crore
Sat, Jul 29, 2017
In a layout of company's growth strategy for the next three years in a analyst concall, Reliance Capital said it also aims to expand the housing finance asset under management (AUM) to Rs 50,000 crore in three years.
ICICI Lombard GIC's premium income rise to Rs 10, 700 crore in FY17
Fri, Apr 21, 2017
The company’s Solvency Ratio was at 2.10x against the minimum regulatory requirement of 1.5x.
Non-life premia set to go up as regulator backs move
Mon, Mar 13, 2017
In fact, the insurance regulator IRDAI has also hinted at a premium hike especially in third-party motor premium and the group health insurance from April 1 when most of the renewals take place in the domestic general insurance market.