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Life Insurance Corporation And New India Assurance

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Settle claims fast, govt tells insurance firms

The Union finance ministry has asked insurance companies to arrange for immediate settlement of claims by families affected by tsunamis.The ministry has also advised the Reserve Bank of India to......

The Menace Of Illegal Constructions

 As we brace for unprecedented rates of urbanisation, it is crucial to ensure that illegal constructions and unauthorised land use are curbed, asserts Amit Kapoor. IMAGE: National Disaster Response......

Life insurers turn to policies with high value

 Life insurers shifted their focus to selling high-value policies in October as the transition to new surrender value norms, effective October 1, limited their ability to roll out all products in......

New India Assurance CMD Ramadoss suspended

 The government has suspended the New India Assurance Company's Chairman and Managing Director M Ramadoss for alleged irregularities in granting credit insurance cover to Paramount Airways.Following......

5 PSU insurers have Rs 347-cr exposure to Adani firms: FinMin

 Five state-run general insurance companies have a total exposure of Rs 347.64 crore, or 0.14 per cent of their total assets under management (AUM), in Adani group of companies, the finance ministry......

4 non-life insurers to be headless by Feb

 Four public sector non-life insurance companies including General Insurance Corporation will become headless by February 2005. As many as 20 general managers from the public sector non-life......

Life insurance business grows 65%

 The life insurance industry grew by over 65 per cent to Rs 5,436 crore (Rs 54.36 billion) in September compared to Rs 3,291 crore (Rs 32.91 billion) premium income from new business in July, mainly......

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