by AIP Online Bureau | Dec 10, 2023 | Indian News, Non-Life
The PSU general insurance companies are board governed commercial entities operating in a competitive and regulated market. This entities are empowered to take appropriate decision in such a matter in compliance with regulatory framework and guidelines, said Bhagwat...
by AIP Online Bureau | Nov 26, 2023 | Health, Indian News, Non-Life
According to the Irdai data, up to September 2023 health insurance was the largest non-life segment followed by motor (total) and crop insurance New Delhi: Private general insurers increased their combined market share to 53.58 per cent in gross direct premium...
by AIP Online Bureau | Oct 18, 2023 | Disaster & Management, Eco/Invest/Demography, Indian News, Non-Life, Policy, Reinsurance
Vivek Joshi, Secretary, Department of Financial Services (DFS), for the first time on Wednesday met General Insurance Council and a few CEOs of private sector general insurance companies in New Delhi, to discuss several critical issues having implications for the...
by AIP Online Bureau | Sep 10, 2023 | Indian News, Non-Life
Public sector insurers saw their premium income fall by 1 per cent to Rs 34,203 crore during the first five months of the current fiscal. As a result, their market share plunged to less than a third at 32.5 per cent from 33.4 per cent, while premium income slipped...
by AIP Online Bureau | Aug 27, 2023 | Indian News, Non-Life, Policy
Vivek Joshi, secretary, Department of Financial Services(DFS), recently had reviewed the functioning of the four PSU general insurers in New Delhi but the pressing issue of the capital infusion was out of meeting’s agenda The three PSU general insurers that...
