General Insurance News Two-thirds of global car sales likely to be electric by 2030 October 10, 2023October 13, 2023 admin 114 Views 0 Comments electric, GLOBAL, global car, global car sales Spurred by falling battery prices, electric vehicles could hit price parity with fossil-fuel models in Europe in 2024 and the Read more
General Insurance News Claims settlement in PMFBY to ease with timely subsidy deposit September 22, 2023 admin 134 Views 0 Comments claims settlement, enrollment, Prime Minister Fasal Bima Yojana, subsidy deposit The Centre announced the delinking of its premium share with States’ contribution under crop insurance scheme for faster claims settlement Read more
General Insurance News Rs. 1.78 trillion spent on rail safety in 9 yrs September 22, 2023 admin 112 Views 0 Comments Balasore train, Indian railways, national transporter, technologies that significantly Even as the Balasore train accident has brought back focus on increased spending to ensure safety related budget of the Read more
General Insurance News Ship carrying 3,000 cars & manned by Indian crew catches fire in N Sea September 21, 2023 admin 126 Views 0 Comments Egypt, Indian crew catches fire, N Sea, Netherlands, Ship carrying An Indian crew member was killed and 20 others were injured when a fire broke out on a cargo ship Read more
General Insurance News Chubb eyes 49% in Kotak insurance arm September 21, 2023 admin 138 Views 0 Comments Chubb eyes, Kotak General Insurance, Kotak insurance, Zurich Insurance US insurer Chubb is in talks to acquire a 49% stake in Kotak General Insurance and has become a more Read more
General Insurance News General insurers’ premium increases 18.3% in July September 16, 2023 admin 169 Views 0 Comments general insurance companies, General insurers' premium, Non-life insurers, premium growth, premium income General insurance companies in India witnessed an 18.3 per cent increase in premiums in July, amounting to Rs 23,259 crore. Read more
General Insurance News ICICI Lombard gets notice for GST of Rs. 273 crore September 15, 2023 admin 206 Views 0 Comments GST Intelligence, ICICI LOMBARD, input tax credits, Motor Insurance claims, stock exchange notification ICICI Lombard has received a show-cause notice from the Directorate General of GST Intelligence that has demanded Rs 273 crore Read more
General Insurance News Kotak General Insurance ties up with Clootrack to boost customer experience February 23, 2023 admin 227 Views 0 Comments boost, CLOOTRACK, General, Insurance, Kotak Kotak Mahindra General Insurance Company Limited has announced that it has partnered with Clootrack, a Kochi-based start-up for customer experience Read more
General Insurance News Sarnara Cap leads race for Birla’s insurance broking firm February 23, 2023 admin 243 Views 0 Comments birla, CAP, Insurance, RACE, SARNARA Amazon.com Inc.’s Indian private equity partner Samara Capital has emerged as the frontrunner to buy the insurance broking unit of Read more
General Insurance News IRDAI approval to United India on bonds may set a precedent February 17, 2023 admin 227 Views 0 Comments bonds, india, IRDAI, PRECEDENT, United The insurance regulator’s approval to United India Insurance Co. to exercise the call option on its bonds despite not meeting Read more