New India Assurance

New India Assurance News

Three public sector general insurers remain headless

The delay comes at a time when the proposal to merge three insurers (NIA, UII and Oriental Insurance) is in a limbo and with PSU insurers — except New India Assurance — starting to lose market share.

New India Assurance to offer medical covers for outside India

The policy covers an entire gamut of services like medical second opinion for the covered illness of the insured to the expenses like travel, accommodation and treatment in a foreign land.


Markets haven’t understood insurance sector: G Srinivasan, New India Assurance CMD

Srinivasan spoke about competition, growth in the sector, crop insurance, motor and health insurance.

PMSBY: Firms aim for 30 cr policies

As announed in the Budget, the premium per person will be Rs 12 per annum for PMSBY cover.

AP, J&K catastrophes to push up fire, property insurance premium

The rise in premium is expected to have a positive impact on the bottom line of the company.

House panel looking at merger proposal of four PSU insurers

The General Insurance Business (Nationalisation) Act can be amended to effect the merger.


Short change: Health cover for girl child at 50% discount

The scheme gives a 50 per cent discount for the girl child.

short change: Mahila Bank ties up with New India; launches three health schemes

These products would be available on portals for the bank, to create more efficiencies and ease of use, Usha Ananthasubramanian said.

Monorail gets Rs 1,200 cr cover

Sources said that MMRDA is in the process of asking for bids from insurance firms for terrorism cover.

Public sector insurers stage coup in mediclaim business

Firms like Accenture,SAIL and Wipro have moved group medical cover for staff to public sector players.