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SC to revisit its order making PUC certificate mandatory for Motor TP cover

SC to revisit its order making PUC certificate mandatory for Motor TP cover

by AIP Online Bureau | May 14, 2024 | Indian News, Non-Life, Policy

“Prima facie, we are of the view that a right balance will have to be struck for ensuring that vehicles remain compliant with PUC norms but, at the same time, all vehicles must have third party insurance,” the bench said New Delhi: The Supreme Court on Monday said...
With Rs 1,09 trillion prm, Health retains its No 1 position in Indian general insurance industry in FY24

With Rs 1,09 trillion prm, Health retains its No 1 position in Indian general insurance industry in FY24

by AIP Online Bureau | Apr 18, 2024 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance

Crop insurance has seen a dip in the premium by 4 per cent to Rs 30.715 crore in Fy 24. Mumbai:With a total premium of Rs 1,09,006 crore, showing a growth of 20 per cent, Health Insurance continues to be no 1 portfolio in Rs 2.89 trillion Indian general insurance...
ONDC to launch insurance products in its network this week

ONDC to launch insurance products in its network this week

by AIP Online Bureau | Sep 25, 2023 | Indian News, Intermediaries, Non-Life, Technology

Providing massive opportunties to the insurance industry, the platform will initially launch Motor, Health, Marin and will add more insurance products going ahead, according to an official Mumbai: After launching credit products, the government-backed Open Network for...

Health, motor continue to drive general insurance, Q1 sales jump 17.9%

by AIP Online Bureau | Jul 14, 2023 | Data, Health, Non-Life

In June, the non-life insurance industry reported a premium of Rs 20,451.9 crore growing by 14.8 per cent on-year compared to 20.6 per cent in the same period last year, according to the data collated by Care Ratings Mumbai: Robust demand for health and motor covers...

“Mahindra Insurance Brokers- BigHaat” alliance to offer health and motor covers to farmers

by AIP Online Bureau | Jun 23, 2022 | Briefs, Health, Non-Life, Technology

Mumbai: Mahindra Insurance Brokers Limited (MIBL) in a partnership with BigHaat, India’s leading Agri Digital Platform, will offer financial solutions to the informal Agri segment of India’s workforce.. Mahindra Insurance Brokers will offer health and motor insurance...
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