by AIP Online Bureau | Apr 20, 2025 | Indian News, Non-Life, Reinsurance, Risk Management
NIA’s rating is driven by the company’s leadership position in the Indian general insurance industry, its sound investment portfolio, healthy capitalisation and solvency position, and the strategic importance to and support derived from the parent, the...
by AIP Online Bureau | Apr 2, 2025 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pension & Social Security, Policy
Furthering its commitment to financial inclusion, NIA has opened a dedicated State Insurance Plan office in Gujarat, manned by a senior executive of the company. This initiative aligns with IRDAI’s “Insurance for All by 2047” vision, with Gujarat being the designated...
by AIP Online Bureau | Apr 1, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation, Reinsurance
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers in GIFT-IFSC came in strong support of the market at Apr 1 renewals “Yes, we did write more business than last year. Generally, we found the market to be soft with rates either below or same as...
by AIP Online Bureau | Mar 31, 2025 | Health, Indian News, Non-Life
The full bench was hearing an appeal filed by the New India Assurance Co Ltd against a judgment of the Motor Accident Claims Tribunal awarding monetary compensation up and above the medical expenses. The insurance company claimed medical expenses were also covered...
by AIP Online Bureau | Mar 25, 2025 | Banking & Bancassurance, Indian News, Non-Life
L to R -PR Rajagopal, ED BOI, Girija Subramanian CMD, NIA, Mukta Sharma GM, NIA, Anjali Bhatnagar GM, BOI ,. Rajneesh Karnatak, MD and CEO BOI, M. Karthikeyan, ED BOI, Rajiv Mishra , ED BOI at an event to sign bancassurance deal between NIA and BoI “New India...
