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.
September 19, 2024 10:51 am
State body says contract was terminated because of unsatisfactory response from UII
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.
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.
April 16, 2016 1:07 am
Global general insurance prices come down by 15-20% as claims remain lower.
July 05, 2013 3:15 pm
The complainant had also alleged that E-Meditak failed to fulfil its obligations.
September 25, 2012 10:16 pm
United India Insurance launches mobile premium payment facility
September 20, 2012 7:15 pm
The tribunal,however,allowed the insurance firm to collect the amount from the owner of the offending vehicle.
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.



