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Oriental Insurance And United India Assurance

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Govt seeks Parl nod for Rs 1.07 lakh cr additional spend

The government on Monday sought Parliament nod for net additional spending of over Rs 1.07 lakh crore, including about Rs 15,000 crore towards fertiliser subsidy, in the third batch of......

FULL TEXT: President's address to Parliament

Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session. Honourable Members, This joint sitting of......

Mediclaim: What you need to know

Let me emphatically state: Everyone needs a medical insurance cover. Everyone should get one. In case you still don't have one and are keen on shopping around for a cover, here's what......

'Vision Ignites the Nation'

Dear Citizens, On the eve of the 58th Republic Day of India, my greetings to all of you in the country and those living abroad. I convey my special greetings to the members of our Armed Forces and......

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......

Market share of PSU general insurers shrinks 800 bps in 5 years: Irdai

The four public sector general insurance companies -- New India Assurance, United India Insurance, Oriental Insurance, and National Insurance Company -- have lost 800 basis points (bps) in market......

No govt committee to probe Adani, Lok Sabha told

The government has not set up any committee to probe allegations a US short seller labelled against the Adani Group, but stock market regulator SEBI is investigating market allegations against the......

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......

General insurance employees go on strike against privatisation

Employees of public sector general insurance (PSGI) companies are observing nationwide one-day strike on Wednesday to protest against intended privatisation of state-owned insurers. Illustration:......

Govt halts merger of 3 PSU general insurers

The Rs 12,450 crore capital infusion will enable the three public sector general insurance companies to improve their financial and solvency position, meet the insurance needs of the economy,......

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