Insurance - general
Zurich Insurance set to invest $500 million for majority stake in Kotak General Insurance
02 Nov 2023
Zurich Insurance Company, a major Swiss-based insurer, is set to invest approximately Rs 4,051 crore, or U.S. $500 million, to acquire a controlling stake of 51 percent in Kotak General Insurance.
LIC IPO subscribed 166% on day 4 as policyholders bid nearly 5 times the reserved portion
09 May 2022
The Ritual of Hiking Third Party Motor Insurance Premiums!
14 Mar 2022
The general insurance industry reported total motor insurance premium of Rs68,951 crore and settled total claims of Rs38,071 crore for 2019-20, earning a gross surplus of Rs30,880 crore
Is COVID-19 covered under Health Insurance ?
17 Mar 2020
In the last two weeks, the public at large from all over India has been seeking advice on Health Insurance and Term Insurance. Even Indians already in foreign countries who have an Overseas Travel Policy have asked whether it covers treatment for COVID-19 abroad, if required
ECGC raises insurance cover for banks’ export credit to 90%
17 Sep 2019
Enhanced insurance cover will ensure that foreign and rupee export credit interest rates will be below 4 per cent and 8 per cent, respectively, for exporters
Govt reduces ESI contribution rate from 6.5% to 4%
14 Jun 2019
The move will benefit as many as 1.29 million employers and 36 million employees while also allowing to extent the scheme to more establishments
PM launches universal health insurance programme Ayushman Bharat
24 Sep 2018
Claimed to be the world’s largest health insurance programme, covering 500 million people, the Pradhan Mantri Jan Aarogya Yojana (PMJAY) will provide a cover of up to Rs5 lakh per family per year, for secondary and tertiary care hospitalisation
Featured articles
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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