PM crop insurance scheme: States can notify losses due to wild animal attacks
The Centre has allowed States to notify losses to crops due to wild animal attacks as an addon cover to Read more
General Insurance articles
PSBs hold more fully insured deposits than private banks
Public sector banks (PSBs) have a much higher insured deposit ratio vis-à-vis private sector banks (PVBs), indicating concentration of larger-sized Read more
Insurers may soon come under GST Audit
Insurance companies may soon face goods and services tax (GST) audits as tax authorities plan a “deep dive” into their Read more
New radar tech to spruce up cyclone forecasting
India is investing in new supercomputers, high-resolution radar systems and automated weather observatories to improve cyclone forecasting efforts over the Read more
Insurance cover for export losses to be extended to A/Cs with limits up to Rs. 50 crore
Export promotion organisation Export Credit Guarantee Corporation of India (ECGC) announced the expansion of 90 per cent insurance cover for Read more
Insurance discount proposed for college, school buses
The ministry of road transport and highways (MoRTH) proposed a 15% discount on motor insurance premiums for buses in the Read more
Gross premiums of non-life insurance firms up 18% in Q1
The gross direct premium underwritten for general insurance companies reported an increase of 15 per cent year-on-year to Rs. 20,452 Read more
TReDS platforms in talks with insurance cos post RBI nod
After the RBI permitted insurance companies to come onto TReDS (Trade Receivables Discounting System) platforms earlier this month, players have Read more
Odisha tragedy: Only 30% opted for world’s cheapest travel insurance
With only a small number of passengers of two ill-fated trains involved in the June 2 Odisha tragedy seems to Read more
General Insurers face tough choice on pushing growth and sustaining margins
The country’s general insurance companies are currently grappling with a crucial dilemma between pursuing growth and maintaining profitability at a Read more
