General Insurance News General insurers’ premiums rise 14% December 8, 2023 admin 142 Views 0 Comments General Insurance Council, General insurers, NEW INDIA ASSURANCE, premiums The monthly premiums of non-life insurance companies increased by 13.65% in October of this year to Rs 23,814.64 crore, up Read more
General Insurance News Non-life insurers’ monthly premia increase 15% in H1 November 8, 2023 admin 148 Views 0 Comments General Insurance Council, NEW INDIA ASSURANCE, non-life insurance companies, Non-life insurers Non-life insurance companies witnessed a 14.86 per cent year-on-year (Y-o-Y) increase in their monthly premia in the first half Read more
General Insurance articles New India Assurance loses tag of A-I’s ‘lead insurer’ to Tata AIG General Insurance June 12, 2023 admin 249 Views 0 Comments Air India’s renewal premium, ICICI LOMBARD GENERAL INSURANCE, LEAD INSURER, NEW INDIA ASSURANCE, 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
General Insurance articles PSU general insurers’ market share decreases May 31, 2023 admin 184 Views 0 Comments general insurance companies, NEW INDIA ASSURANCE, PSU general insurers, united india insurance The four public sector general insurance companies have lost 800 basis points (bps) in market share in last five years Read more
General Insurance articles New India Assurance forays into surety bonds business April 14, 2023 admin 303 Views 0 Comments FINANCIAL REASSURANCE, INFRASTRUCTURE PROJECT, INSURANCE BOND BUSINESS, NEW INDIA ASSURANCE New India Assurance said it entered the surety insurance bonds business, becoming the second such domestic insurance company. IRDAI had Read more
Insurance Articles Drone insurance: What does it cover? April 7, 2023 admin 402 Views 0 Comments COMPREHENSIVE INSURANCE, Drone Insurance, NEW INDIA ASSURANCE, PRIVATE SECTOR PEERS New India Assurance said it has launched a product to offer insurance cover to drones, becoming the first public sector Read more
General Insurance articles New India Assurance PAT up 27% in 9-month period April 4, 2023 admin 280 Views 0 Comments HEALTH LINE BUSINESS, insurer, NEW INDIA ASSURANCE, PROPERTY LINE BUSINESS New India Assurance posted a net profit of Rs. 900 crore for the nine-month period ended December, up 27.2 per Read more
General Insurance News Madhulika Bhaskar given additional charge as CMD of New India Assurance August 18, 2022 admin 270 Views 0 Comments CMD, Madhulika Bhaskar, 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
General Insurance News Underwriting losses of Insurance Industry rise to Rs 22,859 crore December 19, 2020March 18, 2021 admin 354 Views 0 Comments General Insurance Council, General insurers, ICICI LOMBARD GENERAL INSURANCE, Insurance industry, NEW INDIA ASSURANCE The total underwriting losses of the insurance industry have surged by 4.4 per cent to Rs 22,859 crore in Read more
Global influenza pandemic concept. Flu virus COVID-19. Deserted modern megacities. Abstract world map. Problems of modern globalization Private life insurance Internet businesses rush in as the pandemic widens insurance market November 6, 2020March 20, 2021 admin 371 Views 0 Comments Aegon Life, Bajaj Allianz, Ecommerce giants, Insurance Market, INTERNET BUSINESS, NEW INDIA ASSURANCE, PANDEMIC India’s burgeoning internet economy is slowly warming up to the potential of its massively underpenetrated insurance market. The country’s largest Read more