Govt unlikely to infuse capital in PSU general insurers in FY24
The PSUGeneral Insurance Companies are unlikely to get capital funding from the government in the current fiscal, a senior official Read more
National Insurance Company
Cognizant wins multi-year contract from National Insurance Company
Cognizant Technology Solutions has been selected as a technology provider by National Insurance Company to accelerate and help manage its Read more
NICL asks Axis Bank to reclassify as public shareholder
Axis Bank has recently said that one of its promoters, National Insurance Company Ltd (NICL), has asked it to classify Read more
Govt starts process to merge 3 PSU general insurers
The government has held preliminary meetings to set in motion the proposed merger process of three state-owned general insurers, sources Read more
PSU insurer’s merger likely to be completed in early 2019
The proposal to merge the three general insurers National Insurance Company, United India Insurance and Oriental Insurance Company is likely Read more
Insurers gear up to address Uttarakhand flood claims
Uttarakhand floods that have claimed over 100 lives in the last few days has also got insurance companies preparing for the claim settlement process. Both life and general insurance companies have said that their respective claims team have started gearing up to handle claims and process them in a quicker manner.
Read moreNow, bribe demanded for passing car insurance
A regional branch manager of National Insurance Company Limited has been booked for allegedly demanding bribe for passing a car insurance claim. Read more
National Insurance Company to pay family 29 lakh compensation, says MACT
The family of a businesswoman, who was killed after being hit by a rashly driven bus, has been awarded a compensation of over Rs 29 lakh by a Motor Accident Claims Tribunal (MACT) here. Read more
Axis Bank to raise Rs 6,000 crore from qualified institutional players recently
Axis Bank is all set to raise around Rs 6,000 crore through private placement of its equity shares to qualified institutional players (QIPs). Read more
National Insurance Company may soon hike mediclaim premium rates
State-run National Insurance Company (NIC) may soon increase the cost of health insurance premium to offset losses, company cources said. Read more
