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general insurance

Centre to infuse Rs 12,000 crore in state general insurance firms

The Budget had provisioned Rs 70,000 crore for PSB recapitalisation and last week a Rs 55,250-crore infusion was announced in several PSBs for regulatory and growth requirements.

Sep 06, 2019, 14:39 PM IST

Emerging Trends in General Insurance – India 2019

2018 proved to be an interesting year for the insurance industry with various developments.

Jun 12, 2019, 16:48 PM IST

What are the key differences between Life and General Insurance?

When it comes to insurance policies, the options are countless due to which it can get confusing to know which ones to opt for.

Mar 12, 2018, 18:19 PM IST

General Insurance IPO oversubscribed 1.37 times on last day

The category reserved for qualified institutional buyers (QIBs) was oversubscribed 2.25 times, non institutional investors 22 percent and retail investors 60 percent, merchant banking sources said.

Oct 13, 2017, 21:46 PM IST

Tokio Marine raises stake in IFFCO-Tokio to 49%

The deal values the company at Rs 11,000 crore and Tokio Marine paid Rs 2,530 crore for 23 percent stake.

Jul 07, 2017, 13:22 PM IST

Car, motorcycle and health insurance will cost more from tomorrow

Car, motorcycle and health insurance will cost more from April 1 with regulator Irdai giving go-ahead.

Mar 31, 2017, 10:27 AM IST

Premium of Cars, Bikes and health insurance to be increased from April

Premium of Cars, Bikes and health insurance to be increased from April. Watch the full segment for more details.

Mar 27, 2017, 17:35 PM IST

Car, motorcycle and health insurance will cost more from today

You will have to pay more premiums for car, motorcycle and health insurance from April 1 as Insurance Regulatory and Development Authority (IRDAI) has given a green signal to insurers for a commission revision for agents.

Mar 27, 2017, 14:03 PM IST

Irdai to form actuary panels for life, general insurers

General and life insurance companies will be able to engage actuaries as the regulator Irdai will soon form panel of such analysts.

Feb 20, 2017, 18:57 PM IST

Bajaj Allianz General launches mobile-based settlement system

Bajaj Allianz General Insurance on Monday said it has launched a mobile application-based health claim settlement facility.

Jan 16, 2017, 19:13 PM IST

General insurance posts a robust 12.5% growth in Q1

Riding high on motor and fire premia and government-run social security schemes, the general insurance industry grew 12.5 per cent in the April-June quarter mobilising Rs 23,418 crore in premium income.

Jul 23, 2015, 13:04 PM IST

Bajaj Allianz FY15 profit up 37% at Rs 562 crore

Bajaj Allianz General Insurance Tuesday reported a 37 percent jump in net profit at Rs 562 crore for 2014-15 in spite of natural calamity claims due to floods in Jammu and Kashmir and cyclone Hudhud.

Jun 09, 2015, 18:41 PM IST

Bajaj Allianz GI profit up 37% Rs 562 cr in FY'15

Bajaj Allianz General Insurance has reported 37 percent rise in net profit at Rs 562 crore for 2014-15 despite settling claims worth Rs 962 crore on account of floods in J&K and Hudhud cyclone on Andhra Pradesh.

May 21, 2015, 12:35 PM IST

Govt approves 19 FDI proposals worth Rs 2,165 crore

The government on Tuesday approved 19 FDI proposals worth Rs 2,165 cr including Rs 1,290 cr investment proposal of Bharti AXA Life and General Insurance.

May 05, 2015, 20:19 PM IST

Insurance regulator's proposal pose brand equity challenge for banks

The Indian insurance regulator`s proposal to make banks sell policies of at least two insurers of each category - life, general and health - has thrown up an unexpected brand equity challenge for the banks, insurance experts say.

Apr 30, 2015, 13:22 PM IST

General insurance industry growth slows to 3-yr low at 9.3% in FY15

The industry had grown by 13 per cent in FY 2014 to Rs 77,540 crore, according to the General Insurance Council data.

Apr 19, 2015, 16:26 PM IST

Australia's IAG to raise stake in JV with SBI

Insurance Australia Group Ltd will raise its stake to the maximum allowed 49 percent in a general insurance joint venture with State Bank of India.

Mar 26, 2015, 10:21 AM IST

Insurance industry threatens to go on nation-wide stir

Opposing the proposed bill allowing foreign direct investments in insurance sector, the General Insurance Employees' All India Association has threatened to stage a nation-wide stir if the Centre goes ahead with its proposal.

Feb 27, 2015, 17:49 PM IST

Customer complaints in general insurance drop by 66% in 5 yrs

The number of complaints dropped to 63,335 in 2013-14 from 1,86,615 in 2009-10, the report released jointly by Insurance Regulatory and Development Authority (Irda) and Consumer Affairs Department said.

Dec 25, 2014, 19:13 PM IST

Reliance Cap Q2 profit up 20% on MF, general insurance push

The total income rose by 12 percent to Rs 2,084 crore for the quarter ended September 30, the company said in a release.

Nov 14, 2014, 18:00 PM IST