by AIP Online Bureau | Feb 29, 2024 | Indian News, Non-Life, Policy
The new head office of Chennai based United India Insurance, which was inaugurated by Union Finance minister Nirmala Sitharaman, virtually, on Friday The DFS now has prepared a new list of five general managers(GMs)- BS Rahul, Agriculture Insurance...
by AIP Online Bureau | Feb 9, 2024 | Health, Indian News, Non-Life, Reinsurance
“FY24 continues to be a challenging year for the company. In the third quarter, the country witnessed catastrophic events like cyclone Michaung and floods in South India, Sikkim West Bengal. The net impact of these events on the company’s third-quarter...
by AIP Online Bureau | Jan 2, 2024 | Indian News, Non-Life, Policy
The five GMs are –BS Rahul, Agriculture Insurance Company(AIC), Sunita Gupta, Oriental insurance Company(OIC), Hitesh Joshi along with two of his other colleagues V Balkrishna and his spouse Jayshree Bala from GIC Re Rahul will only be considered for UII and NIA...
by AIP Online Bureau | Nov 24, 2023 | Indian News, Life, Non-Life, Reinsurance
After lying low in recent years, on Friday GIC Re’s share price has risen by 15 per cent to Rs 304.45 while NIA’s scrip has gone up by 20 per cent to Rs 209. LIC’s share gained 10 per cent and closed at a monthly high of Rs 678 on Friday Mumbai:...
by AIP Online Bureau | Nov 8, 2023 | Indian News, Non-Life
` Q2FY24 was one of the most challenging quarters for the company in recent times. The company suffered catastrophic losses on account of floods amounting to net of Rs 301 crore during the quarter. While a confluence of multiple events affected the results for...