General Insurance News ICICI Lombard gets Rs. 1,728 crore GST notice November 7, 2023 admin 133 Views 0 Comments GST, GST Intelligence, ICICI LOMBARD The Directorate General of GST Intelligence (DGGI), the GST investigation agency, has served a Rs 1,728 crore demand notice on Read more
General Insurance News Shiram General to focus on non-motor insurance biz November 6, 2023 admin 121 Views 0 Comments non-motor insurance, Shiram General Shriram General Insurance has planned to diversify its product portfolio by focusing more on the non-motor segments like marine, fire, Read more
General Insurance News Insurance industry lacks human capital in administration and marketing November 6, 2023 admin 141 Views 0 Comments administration, human capital, Insurance industry, marketing The Indian insurance industry, which suffers from a dearth of human capital in administration and marketing functions, should invest in Read more
General Insurance News Non-life insurers’ premium falls 3.7% in August after 10 months of growth October 13, 2023October 13, 2023 admin 122 Views 0 Comments health, motor insurance, Non-life insurers, premium Non-life insurance companies’ premium fell 3.7 per cent on-year in August, after rising for 10 straight months, led by a Read more
General Insurance News Agri Insurer Kshema looks to double its premium by this fiscal end October 13, 2023 admin 173 Views 0 Comments Agri Insurer Kshema, COMPANY, Kshema General Insurance, premium Kshema General Insurance is looking to double its premium income from insuring farm activities.The company aims to double the premium Read more
General Insurance News PSU general insurers’ share of premium below a third of industry October 12, 2023 admin 154 Views 0 Comments current fiscal, General Insurance Council, health Insurers, PSU general insurers For the first time, PSU General Insurers account for less than a third of the industry premium at 32.5 Read more
General Insurance News Govt unlikely to infuse capital in PSU general insurers in FY24 October 12, 2023October 12, 2023 admin 149 Views 0 Comments insurance companies, National Insurance Company, PSU general insurers, solvency The PSUGeneral Insurance Companies are unlikely to get capital funding from the government in the current fiscal, a senior official Read more
General Insurance News Piramal eyes general insurance acquisitions October 11, 2023 admin 187 Views 0 Comments acquisitions, General Insurance, Piramal, RELIANCE GENERAL INSURANCE Piramal Enterprises will continue to look for acquisition opportunities in general insurance after dropping out of the race for Reliance Read more
General Insurance News 95% surge in Maharashtra enrolment boosts PM crop insurance area by 12% October 11, 2023 admin 128 Views 0 Comments crop insurance scheme, enrolment of farmers, Pradhan Mantri Fasal Bima Yojana The Centre’s flagship scheme Pradhan Mantri Fasal Bima Yojana (PMFBY) or the PM Crop Insurance Scheme has seen coverage of Read more
General Insurance News Claims from natural disasters set to top $100 billion for a third year October 10, 2023 admin 122 Views 0 Comments climate change, Natural disasters, weather-related, wildfires Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail Read more