IRDAI retains mandatory cession of business in favour of GIC Re at 4% for FY24
IRDAI has maintained the status quo on obligatory cession of business for the financial year 2023-24 at 4 per cent Read more
ICICI LOMBARD GENERAL INSURANCE
New India Assurance loses tag of A-I’s ‘lead insurer’ to Tata AIG General Insurance
After the Tata group’s takeover of Air India, New India Assurance has lost its tag of the airline’s “lead insurer” Read more
Air India to get $10-billion cover from Tata AIG, others
Tata AIG General Insurance and others have received the contract to provide $10bn cover to Air India and its low-cost Read more
Underwriting losses of Insurance Industry rise to Rs 22,859 crore
The total underwriting losses of the insurance industry have surged by 4.4 per cent to Rs 22,859 crore in Read more
Standardized packages will bring down treatment cost-Experts
Insurance companies and hospitals are working on standardizing packages for covid-19 treatment. The packages will be applicable to patients with Read more
ICICI Lombard General rolls out COVID-19 Protection Cover
ICICI Lombard General Insurance has announced the roll-out of COVID-19 Protection Cover in the mode of group insurance. This policy on Read more
Budget 2020: Reaction of the insurance industry
“The budget attempts a balancing act of promoting long term growth while maintaining fiscal prudence given the constraints. It pursues Read more
IRDAI planning to expand scope of health insurance coverage
IRDAI has set up a working group to be chaired by Suresh Mathur, ED (Health), IRDAI, to examine the exclusions Read more
ICICI Lombard net profit jumps 35%
ICICI Lombard General Insurance registered a 35.1 per cent increase in net profit in the quarter ended June 30 at Read more
Work Stress and Smoke
According to survey by ICICI Lombard General Insurance, the leading trigger points for smoking is work stress. The survey was Read more