June 5, 2023
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General Insurance articles

General Insurance articles 

Centre launches DigiClaim for quicker settlement of Crop insurance claims

May 25, 2023May 25, 2023 admin 30 Views 0 Comments Crop insurance claims, DigiClaim, insured farmers, national crop insurance portal, quicker settlement
Agriculture Minister Narendra Singh Tomar launched a ‘DigiClaim’ platform under the national crop insurance portal for speedy disbursal of claims Read more
General Insurance articles 

38 Crore farmers enrolled in PMFBY scheme

May 25, 2023 admin 44 Views 0 Comments flagship scheme, PMFBY SCHEME, Pradhan Mantri Fasal Bima Yojana (PMFBY), risk perception
Agriculture minister Narendra Singh Tomar informed Parliament that for every Rs 100 of premium paid by farmers under the flagship Read more
General Insurance articles 

General Insurance premiums see 20% y-o-y growth in February

May 23, 2023 admin 50 Views 0 Comments CARE Ratings, General Insurance premiums, health and motor insurance, non-life insurance companies, retail health schemes
Non-life insurance companies continued their double-digit growth in February, with premiums growing 20 per cent year-on-year to Rs. 19,876 crore Read more
General Insurance articles 

EV charging stations susceptible to cyber attacks

May 23, 2023 admin 33 Views 0 Comments Cyber attacks, Cyber security, cyber security incidents, EV charging stations
Electric vehicle charging stations are also susceptible to cyber attacks and cyber security incidents like any other technological application, Parliament Read more
General Insurance articles 

Compensation paid in 6% of hit-&-run cases since 2017-18

May 22, 2023 admin 37 Views 0 Comments grievous injuries, Hit-and-run cases, matter of concern, Motor Vehicle Act
The government has paid claims in barely 5,036 hit-and-run cases — 3,209 for deaths and 1,827 for persons left grievously Read more
General Insurance articles 

Insurance premium may increase due to hardening of reinsurance rates

May 19, 2023 admin 43 Views 0 Comments Insurance Information Bureau, insurance premium, non-life insurance companies, property insurance, reinsurance markets
Property insurance is likely to cost more for large risks with insurance companies anticipating a hardening of rates in the Read more
General Insurance articles 

More than 50% vehicles not insured: Govt

May 19, 2023 admin 50 Views 0 Comments mandatory thirdparty insurance, motor insurance, Parliament query, third party insurance cover, UNINSURED VEHICLES
More than 50% of vehicles on Indian roads are operating without the mandatory thirdparty insurance. This was disclosed by the Read more
General Insurance articles 

Govt will likely infuse more capital in 3 public sector Insurers

May 18, 2023 admin 59 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
General Insurance articles 

Insurers eye bigger Marine pool for Russia shipments

April 18, 2023 admin 104 Views 0 Comments General insurers, IRDAI, Marine Insurance, MARITIME INSURANCE RISK
India’s general insurers are looking to set up a larger marine insurance pool to cover the risks of transporting crude Read more
General Insurance articles 

Double export cover: Goyal to ECGC

April 17, 2023 admin 75 Views 0 Comments Credit Risk, Double export cover, Export Credit Guarantee Corporation (ECGC), Export Finance
Commerce and industry minister Piyush Goyal has asked the Export Credit Guarantee Corporation (ECGC) of India to double the limit Read more
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