United India Insurance

UNITED INDIA INSURANCE NEWS

Outstanding premium of hundreds of crores from state govt: United India Insurance

September 21, 2024 12:35 am

The decision to cancel the contract unilaterally without any notice undermines the spirit of the MoU and against the principles of natural justice, UIICL said.

Maharashtra govt cancels Rs 3,000 crore insurance contract with UII

September 19, 2024 10:51 am

State body says contract was terminated because of unsatisfactory response from UII

Insurers’ underwriting losses rise to Rs 22,859 crore; three PSU players among worst hit

December 01, 2020 10:21 am

While state-owned New India Assurance contributed the highest net profit of Rs 1,418 crore, the sector — comprising 32 players — has been saddled with total losses of Rs 1,402 crore in FY2019-20.

Capital infusion in three state-owned insurers 'credit positive': Moody's

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.

Ratings of three PSU insurers downgraded

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.

Reinsurance: Decline in global premium helping Indian cos cut costs

April 16, 2016 1:07 am

Global general insurance prices come down by 15-20% as claims remain lower.

CCI relief for United India Insurance,E-Meditak over abuse of dominance

July 05, 2013 3:15 pm

The complainant had also alleged that E-Meditak failed to fulfil its obligations.

United India Insurance launches mobile premium payment facility

September 25, 2012 10:16 pm

United India Insurance launches mobile premium payment facility

Kin of road mishap victim awarded Rs 20 lakh as compensation

September 20, 2012 7:15 pm

The tribunal,however,allowed the insurance firm to collect the amount from the owner of the offending vehicle.

PSU insurers’ low promotion barriers sparks debate

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.

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