New India Assurance GM reveals why they scrapped extra premium for diabetes, hypertension patients

New India Assurance – a state run insurance company, has decided to do away with the extra charges it levies on insured people with pre-existing conditions like diabetes and hypertension. With this news taking a number of people aback, we decided to ask Segar Sampath Kumar, General Manager and transparency officer of the company about the move and how it will affect people insured under its health insurance scheme. Here are excerpts from the interview:

M Ramadoss next chairman of New India Assurance

M Ramadoss, the current chairman and managing director of the Delhi-headquartered Oriental Insurance Co, has been selected to head the country`s leading non-life insurer New India Assurance.

New India Assurance Co is headless for over two months

Mumbai-based Rs 5,516-crore premium New India Assurance Company Ltd - one of the four government-owned general insurance companies - has remained headless for the past two and a half months.