Following the Indian Premier League franchise – Rajasthan Royals – terminating the contracts of its three players on spot fixing charges, the franchise’s official insurer Oriental Insurance too has cancelled
- May15By PTI
Private insurer HDFC Life today launched its new health insurance product, Health Assure Plan, which is aimed at providing a comprehensive health cover.
The plan offers reimbursement of medical expenses
Frequent hikes in the premium rates of motor third-party insurance covers have made this segment of the business less loss-making for non-life insurance companies. The loss ratios should improve
Life insurance companies are suffering from shrinking profits. Falling income from new business and renewal premium higher surrender payouts and a relentless regulatory screw during FY13 have hit
General Insurance Corporation of India (GIC Re), the national reinsurer which had reported a loss of Rs 2,468 crore in FY12, would be registering a net profit of more than
Private sector insurer SBI General Insurance that launched operations three years ago, expects to break even by FY15 on the back of underwriting discipline. The insurer had a net
(In this column FC gives its view on new financial products launched in the market. This is a subjective view
New India Assurance, the country’s largest non-life insurance company, has got the insurance regulator’s approval to increase the premium rates on its Mediclaim 2007 policy. The insurer had filed
- Apr30By Press Trust of India
The life insurance industry witnessed a drop of 6 per cent in premium collection during the financial year 2012-13, with large private sector insurers like SBI Life and Reliance Life
United India Insurance has posted 36 per cent rise in its net profits at Rs 527 crore in 2012-13, compared with Rs 387 crore the previous year. Despite growth
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