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
united india insurance
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
Report on health cover for ‘missing middle’ soon: IRDAI
IRDAI has said it will soon come out with its report on covering the ‘missing middle’ in the country under Read more
United India Insurance may be first up for sell-off
United India Insurance could be the top choice for privatisation as the government initiates discussions on plans to sell a Read more
Issue of negligence cannot be raised under section 163A of Motor Vehicles Act
The Supreme Court has underlined that an insurance company cannot raise the issue of negligence by a road accident victim Read more
Vijay Srinivas appointed Director & GM of United India Insurance
United India Insurance Company announced the appointment of K B Vijay Srinivas as its Director and General Manager with effect 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
CBI registers FIR against Deccan chronicle for cheating United India Insurance
Central Bureau of Investigation has filed an FIR against Deccan Chronicle Holdings Ltd, its Chairman T Venkatram Reddy and others Read more
United India Insurance raises Rs.900 cr through NCDs
United India Insurance has raised Rs 900 crore through subordinated debt to boost solvency capital, which is below the mandated 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.
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