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
NEW INDIA ASSURANCE
PSU general insurers’ market share decreases
The four public sector general insurance companies have lost 800 basis points (bps) in market share in last five years Read more
New India Assurance forays into surety bonds business
New India Assurance said it entered the surety insurance bonds business, becoming the second such domestic insurance company. IRDAI had Read more
Drone insurance: What does it cover?
New India Assurance said it has launched a product to offer insurance cover to drones, becoming the first public sector Read more
New India Assurance PAT up 27% in 9-month period
New India Assurance posted a net profit of Rs. 900 crore for the nine-month period ended December, up 27.2 per Read more
Madhulika Bhaskar given additional charge as CMD of New India Assurance
The government said that New India Assurance GM Madhulika Bhaskar would hold additional charge as chairman and MD of the 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
Internet businesses rush in as the pandemic widens insurance market
India’s burgeoning internet economy is slowly warming up to the potential of its massively underpenetrated insurance market. The country’s largest Read more
LIC, GIC, New India Assurance identified as D-SIIs
The Life Insurance Corporation of India (LIC), General Insurance Corporation of India and The New India Assurance Co have been Read more
Reinsurers to pay out over 90% of crashed Air India claim
Global reinsurers will have to shell out over 90 per cent of the insured value of the Air India plane Read more
