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CBI court sentences 2 men to 5 years of RI for forgery in settlement of fire insurance claim

by AIP Online Bureau | Sep 23, 2025 | Indian News, Non-Life

The case was registered in Gandhinagar on the basis of allegation that UIICL public servants and private persons entered into criminal conspiracy with each other and by abusing their official position extended pecuniary advantage of Rs 36,86,451 in the settlement of...
PSU general insurers turn profitable, posts a combined profit of Rs 1,066 crore in Q3FY25, says Finance Ministry

PSU general insurers turn profitable, posts a combined profit of Rs 1,066 crore in Q3FY25, says Finance Ministry

by AIP Online Bureau | Feb 13, 2025 | Indian News, Non-Life, Policy

“With improved risk-management practices, loss-control initiatives, adoption of technology, development of new products, better customer services and diversification of portfolio, the Public Sector General Insurance Companies have posted a magnificent turnaround...
Maha ends Rs3000 cr health insurance contract with United India in 2 months without any notice and reasons

Maha ends Rs3000 cr health insurance contract with United India in 2 months without any notice and reasons

by AIP Online Bureau | Sep 15, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

United India Insurance, which has been the health insurer to Maharashtra for the last four years, had won a fresh mandate from the state for implementing a much larger scheme-universal health coverage- in this June and the cover was in force since July.UII can’t...
BS Rahul takes over as CMD of United India Insurance

BS Rahul takes over as CMD of United India Insurance

by AIP Online Bureau | Apr 29, 2024 | Indian News, Non-Life

BS Rahul, CMD, United India Insurance The department of financial services(DFS) has issued Rahul’s order of appointment on Monday afternoon and he has already taken over his new assignment by today evening “ During my tenure as CMD of UII, it would be my...
FSIB interviews for selecting a CMD for UII and 9 EDs for PSU general insurers to be completed on Mar 20-22

FSIB interviews for selecting a CMD for UII and 9 EDs for PSU general insurers to be completed on Mar 20-22

by AIP Online Bureau | Mar 13, 2024 | Indian News, Non-Life, Policy

The department of financial services(DFS), had prepared a list of five general managers(GMs)- BS Rahul, Agriculture Insurance Company(AIC), V Balkrishna and his spouse Jayshree Bala from GIC Re, Sunita Gupta and Rekha Solanki from Oriental Insurance Company(OIC)...
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