General Insurance News In HIFY 24, private general insurers increase their market share to 53.58%. December 18, 2023 admin 181 Views 0 Comments current financial year, HIFY 24, Private General Insurers, The Insurance Regulatory and Development Authority of India In the first half of the current financial year, gross direct premium underwritten by private general insurers grew to 53.58 Read more
General Insurance News Private competitors gain market share from PSU general insurers. December 18, 2023 admin 208 Views 0 Comments gain market, Private competitors, PSU general insurers, PSU insurers Because of the aggressive private enterprises that are stepping up their competitiveness, public sector general insurers have once again lost Read more
General Insurance News 95% of vehicle purchasers choose zero-dep cover: Research December 18, 2023 admin 198 Views 0 Comments automobile buyers, Research, vehicle purchasers, zero-dep cover Zero-depreciation insurance are now the preferred option for 95% of new automobile buyers, more than ten years after they were Read more
General Insurance News Insurers hike premiums for public infra assets post Sikkim cloudburst December 9, 2023 admin 111 Views 0 Comments cloudburst, Insurers hike premiums, Sikkim cloudburst, ublic infra assets Following a barrage of claims brought on by October's glacial lake outburst and record flooding in Sikkim and sub-Himalayan West Read more
General Insurance News General insurers’ premiums rise 14% December 8, 2023 admin 127 Views 0 Comments General Insurance Council, General insurers, NEW INDIA ASSURANCE, premiums The monthly premiums of non-life insurance companies increased by 13.65% in October of this year to Rs 23,814.64 crore, up Read more
General Insurance News First insurance surety bond accepted by NHAI as bid security December 8, 2023 admin 162 Views 0 Comments bid security, First insurance, First insurance surety bond, NHAI The government-run National Highways Authority of India (NHAI) said that it has approved an insurance surety bond for the first Read more
General Insurance News In September, the Employees’ State Insurance Corp added 18.88 lakh new members. December 8, 2023 admin 112 Views 0 Comments Employees' State Insurance Corp, ESI Scheme, ESIC's social security, new members According to the most recent payroll data, the Employees' State Insurance Corporation (ESIC) added 18.88 lakh new employees under the Read more
General Insurance News Sunak: World’s first AI safety institute to be set up in UK December 8, 2023 admin 118 Views 0 Comments artificial intelligence, INSTITUTE, Sunak, World's first AI UK Prime Minister Rishi Sunak made the announcement in a speech in London that the UK will serve as the Read more
General Insurance News Motor Vehicles Act: DFS requests a compliance effort from insurers December 7, 2023 admin 127 Views 0 Comments DFS request, INSURERS, Motor Vehicles Act In order to guarantee adherence to the Motor Vehicles Act, the Department of Financial Services invited private sector general insurance Read more
General Insurance News Businesses scramble for cyber insurance due to digitization and data laws December 7, 2023 admin 125 Views 0 Comments Businesses scramble, cyber insurance, data laws Selling insurance is always challenging, but this isn't the case with products like cyber insurance. Industry sources claim that the Read more