by AIP Online Bureau | May 14, 2024 | Briefs, Non-Life
The government has made some temporary arrangements to manage the day to day functioning of New India Assurance after Neerja Kapur retired as CMD of the company in Apr end. The ministry of finance on Monday has entrusted the financial, administrative powers and...
by AIP Online Bureau | Apr 4, 2024 | Eco/Invest/Demography, Health, Indian News, Non-Life
“Our motto remains growth with profitability. And in this process, we have let go of a few loss-making businesses which were unwilling to renew at the right price or terms. Our market share is 12.78 per cent and we remain the market leader. The industry...
by AIP Online Bureau | Mar 25, 2024 | Data, Non-Life
The complainant is justified to claim of Rs 30 lakh with an interest rate of 6 per cent from the date of repudiation (June 5, 2019) till its actual realisation, the commission said. It directed the bank and the insurance firm to issue the claim jointly and...
by AIP Online Bureau | Feb 5, 2024 | Eco/Invest/Demography, Indian News, Life, Reinsurance, Wealth Management/ Philanthropy
The shares of New India Assurance(NIA) also rose almost 10 per cent and closed at Rs 265.10 in BSE New Delhi: The upward share prices of Life Insurance Corporation of India (LIC) and GIC Re, state-owned multinational reinsurer, on Monday brought cheers to the retail...
by AIP Online Bureau | Jul 30, 2023 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Non-Life, Pandemic, Regulation, Risk Management
(L to R) Neerja Kapur, CMD, New India Assurance, Debasish Panda, chairman, IRDAI, Vivek Joshi,secretary, Department of Financial Services at NIA’s 105th foundation day celebration in Mumbai on Friday “`The government is very supportive of the amendments...
