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General Insurance Corporation Of India

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Air India crash creates rare insurance dilemma: Nominees also among dead

The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the......

'For The First Time Voters Will Have To Prove Their Indian Citizenship'

'40 percent of voters in Bihar will be excluded.' Photograph: ANI Photo   The Election Commission of India has launched a comprehensive voter verification exercise across Bihar as the state......

Where Would India Be Without Dr Singh?

What stood out in his 15-year journey as a member of the political executive at the Centre was his glowing record as India's most successful and effective finance minister. Both as prime minister......

Insurance staff oppose pvt sector entry in top PSU posts

The All India Insurance Employees’ Association has opposed the government directive seeking to open up top posts in the state-owned insurers to the private sector, saying this would lead to......

M&M, Manulife to form life insurance JV with 7,200 crore investment

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a......

'GST 2.0 Great Opportunity For Insurance Biz To Make Products Affordable'

'The government is putting insurance in the same category as food, which is essential for life.''Now this is an opportunity for the sector to focus on the consumer.' Photograph: Kind courtesy LIC......

Govt general insurers to set up in-house TPAs soon

Within the next six months, government-owned insurance companies would have an in-house third-party administrator system, said G Srinivasan, chairman and managing director of United India Insurance......

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,......

'Comedians Usually Bounce Back'

'Unless a comedian is involved in something society deems unforgivable...' Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Tumisu/Pixabay.com......

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