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Rediff.com  »  News  »   Icici Lombard Gic

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$150 Million Insurance Claims Loom After AI 171 Crash

 The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of......

Why we must support the Food Security Bill

 Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India’s poverty has damaging consequences for......

Standalone health, private multi-line insurance players see more gains

 The non-life-insurance industry had moderate growth of 15 per cent year-on-year (Y-o-Y) in August 2023. Illustration: Dominic Xavier/Rediff.com Core retail segments like motor and health continue......

More Indian companies opt for terrorism insurance

 While proposals for covers in volatile markets aren't denied, premiums are much higher - by as much as 100-600%. Image: Threats from Islamic State militants, the Syrian conflict, violence by Boko......

National Insurance IPO will happen only after April 1, 2018

 Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee......

Stake sale in insurance cos could net govt upto Rs 18K crore

 The main concern among industry and market experts is that the governance in these companies needs to be strengthened and the focus on social insurance has to come down. Illustration: Uttam......

Airlines insurance premium set to jump on Malaysian tragedies

 The already struggling domestic airlines, including the national carrier Air India, may have to pay higher insurance premium this year following the twin tragedy of the Malaysian Airlines, industry......

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