General Insurance News Insurers hike premiums for public infra assets post Sikkim cloudburst December 9, 2023 admin 137 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 155 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 193 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 140 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 142 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 152 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 153 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
General Insurance News Road accidents up 12% year over year to 4.6 lakh, with 19 fatalities each hour: Report December 7, 2023 admin 149 Views 0 Comments fatalities, Report, road accidents, Traffic Accidents In 2022, there were over 4.6 lakh road accidents in India, accounting for the worrisome 12 percent increase in fatalities Read more
General Insurance News New Policy for Cricket match from ACKO December 7, 2023 admin 133 Views 0 Comments ACKO, Cricket match, new policy, World Cup There are risks associated with watching a cricket match during the World Cup because of the large audiences and intense Read more
General Insurance News Oriental Insurance taking steps to become profitable December 6, 2023 admin 195 Views 0 Comments managing director, non-life insurer, Oriental Insurance With steps taken to control losses, Oriental Insurance Company anticipates turning a profit by the end of the fiscal year. Read more