Centre launches DigiClaim for quicker settlement of Crop insurance claims
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
Agriculture minister Narendra Singh Tomar informed Parliament that for every Rs 100 of premium paid by farmers under the flagship Read more
General Insurance premiums see 20% y-o-y growth in February
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
EV charging stations susceptible to cyber attacks
Electric vehicle charging stations are also susceptible to cyber attacks and cyber security incidents like any other technological application, Parliament Read more
Compensation paid in 6% of hit-&-run cases since 2017-18
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
Insurance premium may increase due to hardening of reinsurance rates
Property insurance is likely to cost more for large risks with insurance companies anticipating a hardening of rates in the Read more
More than 50% vehicles not insured: Govt
More than 50% of vehicles on Indian roads are operating without the mandatory thirdparty insurance. This was disclosed by the Read more
Govt will likely infuse more capital in 3 public sector Insurers
The government may have to infuse more capital in the three public sector general insurance companies to improve their financial Read more
Insurers eye bigger Marine pool for Russia shipments
India’s general insurers are looking to set up a larger marine insurance pool to cover the risks of transporting crude Read more
Double export cover: Goyal to ECGC
Commerce and industry minister Piyush Goyal has asked the Export Credit Guarantee Corporation (ECGC) of India to double the limit Read more
