General Insurance News Govt unlikely to infuse capital in PSU general insurers in FY24 October 12, 2023October 12, 2023 admin 156 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 articles Insurers may soon come under GST Audit August 25, 2023 admin 249 Views 0 Comments goods and services tax (GST), GST Audit, GST audits, insurance companies, tax authorities Insurance companies may soon face goods and services tax (GST) audits as tax authorities plan a “deep dive” into their Read more
IRDA in India Developing reinsurance hub in India July 21, 2023 admin 155 Views 0 Comments Developing reinsurance hub, different geographies and strata, global reinsurance hub, insurance companies IRDAI is working towards making India a global reinsurance hub, Chairman Debasish Panda said. The IFSC Gift City in Gandhinagar Read more
General Insurance articles PM crop insurance scheme back in favour as insurers return to do biz July 12, 2023 admin 210 Views 0 Comments crop insurance business risk, insurance companies, Kshema General Insurance, Oriental Insurance, PM Fasal Bima Yojana(PMFBY) Insurance companies such as ICICI Lombard, Tata AIG, Cholamandalam and Oriental Insurance have returned to offer cover under PM Fasal Read more
IRDA in India IRDAI asks insurance firms to lay down social media norms June 19, 2023 admin 161 Views 0 Comments Cyber Security Guidelines, insurance companies, Insurance firms, IRDAI, social media norms IRDAI has asked insurance companies to lay down social media guidelines for their employees to ensure that no unverified or Read more
General Insurance articles India plans to host first global insurance summit to attract investment June 14, 2023 admin 284 Views 0 Comments attract investment, G-20, Global Insurance Summit, insurance companies, insurance sector India plans to host the first state-sponsored global insurance summit later this year to flag challenges facing the industry, turn Read more
General Insurance articles General Insurance Council working on a common empanelment platform for hospitals soon June 1, 2023 admin 292 Views 0 Comments 30 different platforms, General Insurance Council, insurance companies, National Health Authority The General Insurance Council, the industry body of non-life insurers, is working towards creation of a common empanelment platform for Read more
General Insurance articles PSU general insurers’ market share drops below a third May 29, 2023 admin 178 Views 0 Comments insurance companies, non-life insurance market, Private sector insurance companies, PSU general insurers The four public sector companies now account for less than a third of the non-life insurance market after losing 2% Read more
General Insurance articles Govt will likely infuse more capital in 3 public sector Insurers May 18, 2023 admin 211 Views 0 Comments general insurance companies, insurance companies, IRDAI's mandate, Public sector insurers, The solvency margin The government may have to infuse more capital in the three public sector general insurance companies to improve their financial Read more
Life Insurance article Insurers may get to sell related services May 17, 2023 admin 203 Views 0 Comments diagnostic services, General insurers, insurance companies, Insurance Laws, insurance offerings General insurers may soon be allowed to sell services such as gym memberships, vehicle repairs, and other diagnostic services in Read more