While the BSE benchmark Sensex has rallied 5,333.46 points, or 8.76...
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Govt disconnects 70 lakh mobile involved in financial frauds: DFS Secretary
Vivek Joshi, Secretary, Department of Financial Services About Rs...
Automobile retail sales soar to record high in festive season this year: FADA
''Record-breaking sales were reported in several categories, with...
ICICI General insurance net at Rs 228 cr , up 7.5 %,in Q4 FY 2018-19
The company’s combined ratio improved to 98.5% in last financial year as compared to 100.2 percent in previous financial year, driven by the reduction in the loss ratio to 75.3% in FY2019 from 76.9 per cent in FY2018.
General insurance industry logs Rs1.7trillion of premium, private sector insurers gain 5 % market share in 2018-19
According to industry performance figures ,released by the General Insurance Council, the four main public sector insurers, New India Assurance, United India Insurance, National Insurance and Oriental Insurance Company, at Rs 68,719 crore of total premium ,up 1,37 per cent , have ceded five of their market share to the private sector insurers , excluding the stand alone health insurers, which have mobilised a total premium of Rs 81,600 crore,up almost 25 per cnt ,during 2018-19.
Promoters of Reliance General and Max Life tap Indian investors to sell stakes
According to the media reports, Axis Bank is exploring options to acquire a large stake in Analjit Singh controlled Max Life while Anil Ambani-controlled RGI is tapping Reliance Industries (RIL) and Piramal Group to sale of up to 49% in the venture, as the group seeks to cut debt..
Indians most worried about terrorism, jobs and corruption: Survey
“Likewise, lack of jobs is weighing on the minds of Indians and government needs to take the bull by the horns and actively needs to address job creation and tighten its stranglehold on terrorism,” said Parijat Chakraborty, Service Line Leader, Ipsos Public Affairs, Customer Experience and Corporate Reputation.
Digvijaya Singh accuses Centre of misusing LIC
Addressing a press conference, Singh, who is the Congress nominee from Bhopal Lok Sabha constituency, expressed apprehensions that LIC might not be able to return money of policy holders if the current situation continues.
Mumbai airport has more private jet departures than Dubai, Tokyo
The top rank is held by New York, thanks to the city being home to the world’s largest number of rich people, with 66,968 private jet departures in 2018, while Mumbai is ranked 146, according to a study on the travel trends of ultra-high networth individuals by Knight Frank Friday.
India facing shortage of 600,000 doctors, 2 million nurses: Study
The majority of the world’s annual 5.7 million antibiotic-treatable deaths occur in low- and middle-income countries where the mortality burden from treatable bacterial infections far exceeds the estimated annual 700,000 deaths from antibiotic-resistant infections.
GIC Re chief awarded Freedom of the City of London
India is expected to be a world leader in Insurtech and we look forward to technology enabling, rather than disrupting the industry, James Nash, CEO of reinsurer Guy Carepenter’s International Division, said.
SC refuses to entertain plea challenging Aadhaar Ordinance
A bench of Justices S A Bobde and S A Nazeer said they are not expressing anything on the merits of the case and they would like to have the view of the high court on the issue.
Monsoon rains seen below normal this year: Skymet
The monsoon season delivers about 70 per cent of India’s annual rainfall and is key to the success of the farm sector in Asia’s third-biggest economy.