general insurance industry
GENERAL INSURANCE INDUSTRY NEWS
New e-insurance rule takes effect on April 1st; Here's how to convert existing policy to e-Insurance Account
April 02, 2024 12:27 pm
From opening an eIA to converting an existing policy to an electronic policy as new e-insurance rule takes effect on April 1, 2024, here is all one needs to know.
Efforts on to make India a global reinsurance hub: IRDAI Chairman Debasish Panda
May 25, 2023 3:27 pm
“We are making efforts towards building a reinsurance landscape which will enable India to become a global reinsurance hub,” Debasish Panda said.
Private general insurance players’ expanding mkt share
May 08, 2023 12:30 am
The four public sector general insurers, New India Assurance (NIA), United India Insurance, Oriental Insurance and National Insurance Company, with a total premium of Rs 82,895 crore (Rs 75,132 crore in FY22) have reported a cumulative market share of 32.27 per cent, down from 34.03 per cent in FY22.
Rs 28,500 cr underwriting loss leads to premium hikes by general insurers
November 13, 2022 7:41 am
Rs 2.23 lakh crore industry with 31 players pushed into red
Third party motor insurance takes a steep hike to break even
February 17, 2014 1:58 am
Irda proposes a hike of up to 136.62% for small cars, but two-wheelers with big engines get a 61.97% cut in their premium.
General insurance industry may touch Rs three-lakh-cr by 2025: FICCI report
October 28, 2013 7:42 pm
Currently,market size of general insurance is at Rs 70,000 crore from Rs 12,000 crore top line industry in 2001-02.
General insurance industry expects auto sales to pave the road to growth revival
September 09, 2013 6:03 pm
'Auto sales will see a demand revival in second half of current fiscal due to festivities.'
General insurance industry logs 19% growth in April - Feb period
April 16, 2013 7:55 pm
27 non-life insurers collected Rs 61,885.11 crore premium in the April-February period.
General insurers to seek bailout from Finance Minister
October 22, 2012 12:11 am
After life insurers,its general insurers who are knocking at the finance ministers door,calling him to save the industry from a worsening situation.
Non-life insurers premium rises 18%
September 30, 2012 12:56 pm
The premium income of Reliance General Insurance rose by 12.8 per cent to Rs 882.64 cr.
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