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
united india insurance
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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United India Insurance, Indian Bank launch portal
State-run Indian Bank and United India Insurance Company (UIIC) have joined hands to launch a webportal offering online entry and renewal of group insurance policies.
United India Insurance PAT rises 36 pc in FY13
United India Insurance Company recently reported 36 per cent increase in its Profit After Tax (PAT) at Rs 527 crore for the fiscal ended 2012-13 compared to Rs 387 crore achieved during the previous fiscal.
United India Insurance to recruit 7,000 agents and 1,000 staff
The Chennai-based state-run general insurer United India Insurance Company Ltd announced that it will recruit 7,000 agents in the next three months. The insurer has also lined up plans to hire about 400 officers and 600 clerks next year. Read more
United India Insurance to focus on retail segment for growth
Increased emphasis on retail segment along with focus on containing underwriting losses will be the key driver for profitable growth going ahead for the public sector general insurer United India Insurance, a top company official has said. Read more