Guide for Direct Recruit Exam for the post of Assistant in 4 PSU insurance companies – Exam in July 2013 – Last date of registration for exam 8th June 13





The Insurance Times group has entered into 33 years of successful publication of journals and books on Insurance in India. The journal has a PAN India circulation and is the most popular journal on Insurance Industry in India.

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IRDA, GIC come together to create insurance awareness

In a bid to increase awareness about non-life insurance products, the Insurance Regulatory and Development Authority (IRDA) along with the General Insurance Council (GICL) would be launching a consumer awareness advertising campaign. The pan-India advertisement campaign would be rolled out on television, radio and print in 11 different languages in a month’s time.

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Insurers can offer cover to Indian refineries for Iran crude import: IRDA

Insurance Regulatory and Development Authority (IRDA) has enabled Indian insurers and reinsurers to help cover Iran crude oil import by Indian refineries.

IRDA chairman J Hari Narayan said that therefore, Indian refineries can ship oil from Iran with appropriate insurance cover. Read more

General Insurance Corporation of India Housing Finance – Diwali Picks – IndiaNivesh

GICHSG, incorporated in 1989 and promoted by General Insurance Corporation of India (GIC), is the housing finance company  (HFC) providing finance to individual borrower and corporates for purchase or construction of residential houses. It has 31  branches spread across the country and markets its home loan products with the help of its direct selling agents and tie up with  builders. Read more

PSU general insurers to set up a common TPA to settle medical claims

State-run general insurance companies are setting up a common third-party administrator to settle medical insurance claims, a  move aimed at trimming their unwieldy claims ratio and boosting profitability.

The claims ratio, or percentage of claims to the premium earned, of these public sector companies in health insurance is over  120% and they blame third-party administrators (TPAs) for their spiraling losses in the segment. Read more