General insurers

General insurers to challenge Rs 671 crore CCI penalty

State-owned non-life insurers are "surprised" at the Rs 671-crore penalty that fair trade watchdog CCI on Thursday slapped on them for allegedly forming a cartel and rigging the tender floated by Kerala government to select insurance provider for Rashtriya Swasthya Bima Yojna.

Jul 16, 2015, 23:13 PM IST

Insurers want sops to start catastrophe pool

General insurers have urged the government to offer them some incentives for providing subsidised catastrophe cover to the poor under the proposed natural catastrophe pool.

May 29, 2015, 22:36 PM IST

CCI makes U-turn on common TPA issue: Experts

The Competition Commission of India (CCI) has taken a U-turn by ordering a probe against the GIPSA and the public sector general insurers for alleged anti-competitive practices.

Sep 15, 2014, 13:29 PM IST

General insurance wage talks tomorrow; many ready to join NPS

The Monday's wage negotiations will be the second round on the issue, as the first round had already taken place earlier during the year.

Sep 14, 2014, 13:52 PM IST

General insurers turn cautious on El Nino threat

Fears of a possible El Nino threat to monsoon is likely to turn general insurers cautious in risk-taking, especially in the crop and weather insurance segments, according to industry officials.

Apr 28, 2014, 12:37 PM IST