by AIP Online Bureau | Apr 12, 2026 | Indian News, Non-Life, Policy
Though, the government had not announced any specific plans for the mergers among PSU general insurers-New India Assurance, Oriental Insurance, United India Insurance, United India Insurance- in recent times, the Department of Financial Services(DFS) was...
by AIP Online Bureau | Feb 8, 2026 | Eco/Invest/Demography, Health, Indian News, Non-Life, Regulation
With another two months, February and March, to go before the current fiscal, FY 26, comes to an end , the industry’s total premium has already exceeded Rs 2.83 trillion till January whereas in FY 25,the industry’s total premium was over Rs 3.07 trillion Mumbai:Post...
by AIP Online Bureau | Dec 18, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life
“The capital infusion was meant to build their business and strengthen them. So as a result of these, the performance of all these companies has started improving and their losses have come down. In fact, two of the three companies in which capital was infused...
by AIP Online Bureau | Dec 14, 2025 | Eco/Invest/Demography, Indian News, Non-Life
Any possibility of three companies- NIC, OIC and UII – getting merged with New India Assurance(NIA), the country’s largest general insurance company, is ruled out as latter has opposed it tooth and nail New Delhi: Beginning its home work on the issue of...
by AIP Online Bureau | Oct 1, 2025 | Indian News, Non-Life, Policy
Girija Subramanian, CMD, New India Assurance and chairperson of GIPSA GIPSA chairperson Girija Subramanian, in a meeting with unions, has confirmed that the Department of Financial Services (DFS) has moved ahead with the notification with 14 per cent wage hike GIPSA...
