general insurance industry

general insurance industry News

Third party motor insurance takes a steep hike to break even

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

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

'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

27 non-life insurers collected Rs 61,885.11 crore premium in the April-February period.

General insurers to seek bailout from Finance Minister

After life insurers,it’s general insurers who are knocking at the finance minister’s door,calling him to save the industry from a worsening situation.

Non-life insurers premium rises 18%

The premium income of Reliance General Insurance rose by 12.8 per cent to Rs 882.64 cr.


Tata Steel takes $160 mn cover for liability risks of top brass

In a landmark development in the Indian general insurance industry,Tata Steel has gone for a $160 million consolidated global cover for its directors and officers liability risks,including its European operations

General insurance industry to reach Rs 90K cr by 2015

The current size of the non-life industry is Rs 47,000 crore.

General insurance industry's premium income up 20 pc in Apr

The general insurance industry,comprising four public sector entities,grew by 20% in April.