July 16, 2020 2:21 pm
"Additionally, given these state-owned insurers' dominant position in India and ability to undercut other companies' pricing, improved pricing discipline will benefit the wider market's underwriting performance," Moody's said.
September 05, 2019 3:52 am
These companies — two of them reported an erosion in their capital and reserves — may require around Rs 5,000 crore recapitalisation to meet the regulatory standards, experts said.
May 05, 2014 2:08 am
This was the eighth consecutive month of net inflows by foreign investors after they pulled out Rs 5,923 crore from the stock market in August.
October 03, 2012 12:26 pm
A girl was awarded compensation after 12 years of the her father's death.
September 09, 2012 12:43 am
India's public sector insurers have come up with a new promotion policy,which is being contested within the industry even before its implementation.
August 03, 2012 1:33 am
The Rs 13,000-crore domestic health insurance market is likely to witness a shake-up soon with the four public sector insurance companies
July 15, 2012 3:45 am
National Insurance Company Limited,Sector 17,was directed to pay for the damages of a burglary at the residence of an insured resident.
July 11, 2012 5:54 pm
The National Insurance Company Ltd has been directed by a consumer forum here to pay Rs 2.75 lakh to a policy holder for rejecting his claim seeking reimbursement of expenses incurred on his mother's knee replacement surgery.
June 14, 2012 1:03 am
Expressing concern over rising losses of the public sector insurance companies,finance minister Pranab Mukherjee asked them to curb unhealthy competition in underwriting premiums and rationalise product pricing
May 11, 2012 8:08 pm
The National Insurance Co Ltd (NICL) has been directed by a consumer forum here to pay a policy holder insured amount of Rs 1.3 lakh for a stolen car along with compensation of Rs 15,000 for rejecting his claim on the ground that the driver had claimed to be the owner of the vehicle in the FIR.