by AIP Online Bureau | Feb 14, 2023 | Eco/Invest/Demography, Health, Indian News
Bhagwat Karad,Minister of State for Finance “As per data received from Public Sector General Insurance companies, namely New India Assurance Company Ltd, United India Insurance Company Ltd, National Insurance Company Ltd, Oriental Insurance Company Ltd and...
by AIP Online Bureau | Feb 11, 2023 | Indian News, Non-Life, Policy
“As we enter the New Year, we are excited to announce the introduction of this new organisational design starting from 13th February on pilot basis,”said Suchita Gupta, CMD, National Insurance Company in a letter to the company’s employees Similar...
by AIP Online Bureau | Jan 8, 2023 | Indian News, Non-Life, Reinsurance
The private sector general insurers have mobilised a total premium of Rs 96,246 crore, up 22 per cent in Apr-Dec period while PSU general insurers have gathered a total premium of Rs 62,092 crore,up 8.64 per cent, during the same period. Mumbai:The total premium of...
by AIP Online Bureau | Jan 4, 2023 | Indian News, Non-Life, Workplace/Employee Benefits
A section of employees of public sector general insurance companies had given a call to go on strike on January 4 against the proposed unilateral restructuring in the state-run insurers. The unions alleged that the proposed restructuring would weaken the public sector...
by AIP Online Bureau | Dec 22, 2022 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation
On granting composite licenses, general insurers say,suddenly letting companies to enter into any segment will result in chaos and fragmentation of existing markets. This will also harm the interests of the existing policyholders in both life and nonlife segments, On...
