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E-commerce major Flipkart on Sunday said it is foraying into the insurance segment after securing a corporate agent licence.

Flipkart forays into insurance space with Bajaj Allianz

Flipkart has partnered Bajaj Allianz General Insurance to offer customised insurance solutions.

8 Oct 2018 8:13 AM GMT

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Private players fare better in claims

In FY18, private general insurers had an average claims ratio of 75.46 per cent.

11 Feb 2019 8:09 PM GMT

Cyber attackers work on the theory that majority of the businesses do not spend adequately on shoring up their cyber security

SBI General launches cyber defence insurance for businesses

This offers protection against the growing threat of cyber breaches and is designed to protect against major insurable...

22 April 2019 8:36 AM GMT

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Non-life insurers rue non-revision of premium

The motor segment is the largest portfolio for the general insurance business.

15 April 2019 9:32 PM GMT

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

New head for General Insurance Council soon

Interactions were held in Mumbai on May 29 to select the chief of the General Insurance Council, or GI Council.

30 May 2019 8:37 PM GMT

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Govt mulls various options for consolidation of PSU general insurers

The consolidation in the public sector general insurance companies is part of disinvestment strategy of the government.

23 Jun 2019 11:00 AM GMT

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

General insurance premiums witness flat growth in June

General Insurance premiums were flat in June 2019 at Rs 12,936 crore against Rs 12,970 crore in the same month last...

24 July 2019 7:30 PM GMT

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Non-life insurers register 17 pc rise in Aug new premium income at Rs...

The 34 insurers' gross premium collection stood at Rs 13,657.51 crore in the same month a year ago.

22 Sep 2019 11:20 AM GMT

State Bank of India

SBI board gives nod to stake divestment in insurance arm

Its board approved a plan to divest 4 per cent stake in its general insurance arm to funds managed by Axis Bank Ltd and...

26 Sep 2018 12:20 PM GMT

Finance ministry has come down heavily on the state-owned general insurers for running their group health insurance business in perennial losses.

FinMin warns state-owned insurers of perennial group mediclaim losses

Finance ministry wrote to state-run general insurers to put in place an appropriate mechanism for pricing group health...

16 Aug 2017 3:16 PM GMT

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Canara bank ties up with New India Assurance

The partnership aims to provide best-in-class general insurance products to Canara Bank customers at highly competitive...

9 Jun 2017 1:36 PM GMT