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.

CCI approves Bain group’s proposal to acquire 30% stake in CitiusTech

18 Jul 2022

LIC share sale fetches Rs20,557 cr at Rs949 per share

16 May 2022

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

Allianz launches $235 million bid for Greece's European Reliance

07 Mar 2022

US insurer Chubb to acquire Cigna's business in Asia, Turkey for $5.8 bn

11 Oct 2021

EPFO adds 1.28 million net subscribers in June 2021

23 Aug 2021

Aviva sells Polish business to Allianz for $2.9 billion

30 Mar 2021

Insurance Ombudsman gets wider powers under amended rules

04 Mar 2021

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

India’s insurance megamerger could cost 15,000 jobs: report

27 Nov 2019

Govt woos private hospitals to expand Ayushman Bharat health insurance programme

25 Nov 2019

Over 1.8 million farmers register under PM-KMY: minister

20 Nov 2019

ESIC, PMJAY tie up to provide medical care to ESIC beneficieries in 102 districts

14 Nov 2019

ECGC launches 'Nirvik' to enhance credit availability for exporters

17 Sep 2019

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

Motor Vehicles (Amendment) Bill set to raise insurance burden on vehicle owners

24 Jul 2019

Govt abandons plan to merge 3 PSU insurers, looks at demerger: report

26 Jun 2019

IRDA to allow vehicle owners to decide damage cover

24 Jun 2019

HDFC to acquire 51.2% stake in Apollo Munich for Rs1,347 crore

19 Jun 2019

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

US health insurance major Cengene to merge WellCare in a $17.3 bn deal

01 Apr 2019

PM’s health scheme approves 23,287 claims worth Rs38-cr in first 10 days

08 Oct 2018

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

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