Amit Jhingran, MD & CEO of SBI Life stated, ``With a 12% growth...
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Safety assessment rating for trucks, heavy vehicles on lines of Bharat NCAP soon: Gadkari
The road transport and highways minister Nitin Gadkari further said...
3 more Russian insurers seek India’s nod to provide cover for oil tankers
The move comes as growing scrutiny of Russia's oil supply chain by...
New India’s net profit rises 32 % to Rs 118 crore in Q1FY23
``After a challenging FY22, Q1FY23 saw a turnaround with the company's results improving considerably compared to the previous quarter. The gross written premium growth at 6.5 per cent was low as the company took several proactive steps to strengthen the pricing and...
GIC Re back in black, posts a net profit of Rs 690 crore in Q1FY2023
Devesh Srivastava, CMD, GIC Re ``We are targeting a Combined Ratio of 100 per cent and work is on progress to achieve it in the medium term. We are now purely looking for profitable business and the market is aware of our focus. Topline growth will happen but it has...
HDFC Ergo Gen launches ‘Pay As You Drive” cover
Anyone driving less than 10,000 km in a year can benefit up to 25% of their own damage premium, subject to the odometer reading, saod HDFC Ergo General Insurance. ``During the policy period, we want our customers to enjoy their drive rather than tracking their usage...
River Godavari crosses first danger level in AP, 5 districts face flood threat
''We have issued the first warning signal at Dowaleswaram. We have accordingly alerted the officials of the districts along the river course to take required precautionary measures,'' State Disaster Management Authority Managing Director B R Ambedkar said Amaravati:...
Finance ministry invites application for PFRDA chairperson post
Besides senior government officials, private sector employees who have worked at the level of CEO, CFO, COO or equivalent are also eligible to apply for the post. The position is also open for persons from an academic backgrounds New Delhi: The government has started...
Life insurers’ new premium income jumps 91pc to Rs 39,079cr in July
The country's largest life insurer LIC registered a more than twofold jump in new business premium income to Rs 29,116.68 crore during the month compared to Rs 12,030.93 crore in the year-ago month, the Insurance Regulatory and Development Authority of India (Irdai)...
IRDAI is yet to take any decision on “disclosure of commission on the policy document”:Minister Karad
Bhagwat Karad, minister of state, ministry of finance IRDAI has informed that they have not received any complaint raising the issue of difficulties faced by individual agents of public general insurance due to cut and pay system of some private insurers who offer...
TATA AIA Life announces record annual bonus of Rs 861 crores for its policyholders
All participating policies in-force as of March 31st 2022, are eligible to receive this annual bonus, which will be added to the policyholders’ benefits Mumbai: Tata AIA Life Insurance (Tata AIA) has declared a bonus of Rs 861 crores for FY2022 to all eligible...
No established mechanism to rank cities on pollution: Govt to Lok Sabha
''The government is aware that several private institutions and universities are ranking cities adopting different methodologies, different datasets and using different weightages to parameters. The data used for ranking is extracted primarily from satellite imagery,...
Sebi proposes blue bonds concept for sustainable financing activities
''India has tremendous scope for deployment of blue bonds in various aspects of the blue economy'' like oceanic resource mining, sustainable fishing, national offshore wind energy policy and in the area of blue flag beach eco-tourism model that provide the tourists...