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General insurers

General Insurance News 

Private sector General Insurers lead market share growth in April 2022

June 6, 2022 admin 46 Views 0 Comments April 2022, General insurers, Private sector, SHARE
Private sector general insurance companies continued to grow faster than the industry in April 2022, driving the 24% industry growth, Read more
General Insurance News 

3 PSU general insurers to get capital infusion of Rs. 5,000 crore

May 12, 2022 admin 49 Views 0 Comments capital, CRORE, General insurers, PSU
The Centre has raised the authorised capital of three public sector insurance companies – Oriental Insurance Company Limited (OICL), National Read more
IRDA in India 

IRDAI seeks business plans from 3 PSU general insurers

May 4, 2022 admin 47 Views 0 Comments business, General insurers, IRDAI, PSU
IRDAI has sought revised business plans from the three public sector general insurers – National Insurance Company, Oriental Insurance Company Read more
General Insurance News 

General insurers in Japan shift focus from motor to property and specialty lines, finds GlobalData

January 20, 2022January 20, 2022 admin 102 Views 0 Comments General insurers, GlobalData, Japan, Property
In a highly concentrated Japanese general insurance market, insurers are changing their focus towards property and specialty lines due to Read more
IRDA in India 

General insurers settle only third of claim amount due to natural calamities during FY21

January 10, 2022 admin 112 Views 0 Comments General insurers, Natural Calamities
General insurers settled only a third of the total claim amount due to natural calamities during the financial year ended Read more
General Insurance News 

Underwriting losses fall, profits jump for general insurers

November 16, 2021 admin 117 Views 0 Comments General insurers, losses, profits, Underwriting
Despite paying a huge sum as claims and facing other challenges and constraints triggered by the Covid pandemic throughout the Read more
General Insurance articles Insurance Articles 

Impact of COVID-19 on General Insurance sector in India and the way forward

February 1, 2021March 15, 2021 admin 352 Views 0 Comments COVID-19, General Insurance sector in India, General insurers, IRDAI, World Health Organisation
 Introduction:  On December 8, 2019 the first pneumonia case of unknown cause was found in Wuhan, China. It was later Read more
General Insurance News 

General insurers see 2.7% growth in November premiums

January 15, 2021March 18, 2021 admin 255 Views 0 Comments General insurers, ICICI LOMBARD, November premiums, Standalone Health Insurers
General insurers have reported a 2.7 per cent year on year (yoy) growth in gross direct premium underwritten in November Read more
Health Insurance News 

57% of COVID-19 claim remains unsettled

December 23, 2020March 18, 2021 admin 200 Views 0 Comments COVID-19, COVID-19 claim, General Insurance Council, General insurers
The data compiled by the General Insurance Council shows that general insurers are yet to settle and payout 57 percent Read more
General Insurance News 

Non-life insurance premium falls to Rs. 15,855 crore in October

December 21, 2020March 18, 2021 admin 261 Views 0 Comments COVID, General insurers, health insurance, non-life insurance
  General insurers reported gross direct premium of Rs 15,855.11 crore in October, down 0.42% year-on-year. However, motor insurance, which Read more
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