CCI rejects abuse of dominance by United India Insurance Co
The Competition Commission has ruled out allegations of abuse of dominance against United India Insurance Co and its third party Read more
Month: August 2013
Companies demand cyber liability insurance
Worried over the high liability cost caused by online data theft and cyber crime, the companies are demanding cyber liability Read more
United India plans to enter the SAARC & Gulf Countries
United India Insurance Company Ltd is planning to enter the SAARC and the Gulf markets for general insurance during the course Read more
Swiss Re reports second quarter 2013 net income of USD 786 million 10.0% annualised return on equity, earnings per share of USD 2.28
Swiss Re Group reports net income of USD 786 million for the second quarter of 2013, a period that saw high levels of natural catastrophes. Premium growth in the property and casualty businesses continued with a good renewal season in July. All business segments contributed positively to the robust results and profitable growth.
New India Assurance offers discount on third party motor insurance bought online
In a bid to encourage customers to buy third-party motor insurance policies through its website the New India Assurance Company Ltd. will offer a discount of 5-10% on premiums for such policies.
Visva Bharati students under health cover
Visva-Bharati in collaboration with the National Insurance Company Limited has introduced a medical insurance scheme that will provide coverage of up to Rs 50,000 to students aged between three and 25 years.
Reliance General Insurance launches new health plan
To cater mainly to the health needs of women Reliance General Insurance Company recently launched a health plan — Reliance HealthGain — for the retail segment.
ICICI Prudential launches new traditional plan
ICICI Prudential has launched a new plan ‘ICICI Pru Cash Advantage’, which is a regular premium paying traditional plan.
Insurance firms soon to get nod to invest in ETFs of PSUs
In a move to allow the government tap into the huge resources of insurance companies and ensure long term investments through the ETF mode, the insurance sector regulator will soon notify the proposed central public sector enterprises-exchange traded fund as an investment product for insurance firm.