New India Assurance

State-run general insurance companies may have to raise the group health insurance premium to remain viable as the Rs. 43,000 crore market faces the prospects of state-run companies losing market share. Without a rise in health insurance…

All four public sector general insurers posted an aggregate loss of ₹26,364 crore between 2016-17 and 2020-21, according to an audit report by the Comptroller and Auditor General of India (CAG). The losses of health insurance business of…

All four public sector general insurers posted an aggregate loss of ₹26,364 crore between 2016-17 and 2020-21, according to an audit report by the Comptroller and Auditor General of India (CAG). The losses of health insurance business of…

The Karnataka High Court on Monday said that an insurer cannot escape the liability of paying compensation even when the fitness certificate (FC) and permit of a vehicle is not renewed but the insurance policy is in force, reported news…

Mumbai: The finance ministry has asked government departments not to disqualify three public sector insurance companies from covering state-owned entities for failing to meet minimum capital norms. The three companies — National…

In the week gone by, the headline index Nifty ended only 80 points up while the Sensex shot up nearly 180 points to end higher for the second consecutive week at 15,752.05 points. Market experts citing the recent fall in the global…

Recording its biggest single-day gain since May 17, the Nifty50 ended 1.88 per cent higher near the 15,650 mark. All sectoral indices saw renewed buying with media, oil & gas, PSU banks, metals, IT, consumer durables and realty…

Mumbai: The fifth and final T20 cricket match between India and South Africa, which was abandoned because of rain, is likely to trigger claims of Rs 40-45 crore. In a sign of the maturing of event insurancebusiness in India, companies…