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general insurance

DFS Secretary to Chair Crucial Discussion on Capital Infusion in General Insurance Companies

DFS Secretary to Chair Crucial Discussion on Capital Infusion in General Insurance Companies

Thu, Sep 28, 2023

Good news for GeneralInsuranceCompanies. Tomorrow an important meeting will be held under the chairmanship of DFS Secretary to inject capital into general insurance companies - news quoting sources. Demand of ₹29,000 Cr from 3 general insurance companies, know complete details in this video

General Insurance Growth Continues with 14% Spike in July

General Insurance Growth Continues with 14% Spike in July

Tue, Aug 08, 2023

Growth continues in General Insurance. Private insurance companies ahead of government. 14% growth in July, about 15% growth in June, know full details in this video...

Money Guru: If there is damage to the car, house, how will it be compensated?

Money Guru: If there is damage to the car, house, how will it be compensated?

Fri, Jul 28, 2023

Insurance: What will happen if a car gets damaged due to flood or rain or if it gets washed away in a raging river or drain? Will there be an insurance claim for that loss? Will there be a loss of lakhs or will the insurance company give some relief? Let us tell you what happens to the damage caused to vehicles or houses due to floods.

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Money Guru: Which insurance to buy in monsoon?

Money Guru: Which insurance to buy in monsoon?

Wed, Jul 12, 2023

Monsoon: This time Monsoon is raining on many parts of the country in the form of heavy rains. Landslides are being seen continuously on the mountains and the rivers are in spate. In the past, we also saw such scenes, where vehicles were seen flowing in water at many tourist places including Manali. At the same time, such visuals are continuously coming from Delhi and surrounding areas., Where rain water coming in the streets and colonies is damaging the vehicles parked in the parking lot. At the same time, there is a danger of your vehicles crashing or trees falling on them during monsoon.

Go Digit General Insurance re-files IPO papers with Sebi

Go Digit General Insurance re-files IPO papers with Sebi

Thu, Apr 06, 2023

Go Digit's proposed IPO comprises fresh issuance of equity shares worth Rs 1,250 crore and an Offer For Sale (OFS) of 10.94 crore equity shares by a promoter Go Digit Infoworks Services and existing shareholders.

Govt to infuse more capital in public sector general insurers next year

Govt to infuse more capital in public sector general insurers next year

Sun, Mar 12, 2023

During 2020-21, Rs 9,950 crore was infused in three public sector general insurers by the government, out of which Rs 3,605 crore was infused in United India Insurance, Rs 3,175 crore in National Insurance and Rs 3,170 crore in Oriental Insurance.

Sebi returns Go Digit General Insurance IPO papers; Co to refile documents in due course

Sebi returns Go Digit General Insurance IPO papers; Co to refile documents in due course

Tue, Feb 07, 2023

Go Digit's proposed IPO comprises fresh issuance of equity shares worth Rs 1,250 crore and an offer for sale (OFS) of 10.94 crore equity shares by a promoter and existing shareholders. In the OFS, Go Digit offers to sell 10,94,34,783 equity shares.

add on services in motor insurance during monsoon season here you know full list

add on services in motor insurance during monsoon season here you know full list

Thu, Jul 14, 2022

During Monsoon season one can add more than one or two add on services in their motor insurance. This will add one more security layer for your vehicle. Know more in this video

add on services in motor insurance during monsoon season here you know full list

add on services in motor insurance during monsoon season here you know full list

Wed, Jul 13, 2022

During Monsoon season one can add more than one or two add on services in their motor insurance. This will add one more security layer for your vehicle. Know more in this video

IRDAI allows ‘Use and File’ for products in general insurance categories; companies not required to seek approval before launch of plans

IRDAI allows ‘Use and File’ for products in general insurance categories; companies not required to seek approval before launch of plans

Thu, Jun 02, 2022

In a major relief, Indian insurance regulator has allowed general insurance companies to launch insurance product in health, motor, property and almost all other segments without a prior approval

Paytm constitutes joint venture general insurance company; to invest Rs 950 crore in 10 years

Paytm constitutes joint venture general insurance company; to invest Rs 950 crore in 10 years

Sat, May 21, 2022

The proposal to set up joint venture firm Paytm General Insurance Limited (PGIL) was approved by the board on May 20, the company said in a regulatory filing.

LIC IPO: How 5 biggest IPOs before LIC fared so far?

LIC IPO: How 5 biggest IPOs before LIC fared so far?

Wed, May 04, 2022

As LIC enters as India's largest IPO, do you know the other top 5 biggest IPOs in India. Here is the list of top 5 biggest IPO before LIC and how they performed since their listing.

Public sector general insurers losing motor segment share very fast - lost 30% biz since FY18

Public sector general insurers losing motor segment share very fast - lost 30% biz since FY18

Fri, Oct 15, 2021

Even as the motor insurance segment, which had a massive decline in FY21, is returning to the growth path, public sector general insurers have been steadily losing ground to the private insurers overall and more so in the bread and butter motor segment, with pie crimping to 32.6 per cent in August, down from 36.6 per cent a year ago.

GIC Recruitment 2021: Salary up to Rs 65,000 per month; Check how to apply online, last date, exam date, exam pattern here

GIC Recruitment 2021: Salary up to Rs 65,000 per month; Check how to apply online, last date, exam date, exam pattern here

Fri, Mar 12, 2021

GIC Recruitment 2021: The General Insurance Corporation of India (GIC) is inviting applications for recruitment to the posts of 44 officers in the cadre of Assistant Manager (Scale-1). The interested candidates can apply for the posts at gicofindia.com. The last date for online registration is March 29, 2021.

KYC could be mandatory for General Insurance, IRDAI may announce soon

KYC could be mandatory for General Insurance, IRDAI may announce soon

Fri, Oct 02, 2020

KYC can also be mandatory in General Insurance. According to the exclusive information received by Zee Business, the insurance regulator may announce it soon.

General Insurance Council launches insurance awareness and education campaign

General Insurance Council launches insurance awareness and education campaign

Thu, Mar 05, 2020

The General Insurance Council (GIC) has launched a nationwide awareness and education campaign on insurance.

Car insurance claim: Top tips to claim damage beyond vehicle repair

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

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

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%'

'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

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

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

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.

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