Air India has got a 20% discount on insurance premium while renewing its annual policy starting October, a senior official said today.

The launch of the much-awaited common third party administrator (TPA) floated by four state-owned general insurers has once again been post...

All state-run general insurers are likely to issue a master mediclaim policy for bank employees through IBA by this month end.

Stating that they will seek legal remedy, they termed the Competition Commission order as "surprising". These insurers also pointed out tha...

Issues like who will collect the claim document and at what point the claim would be delivered will also figure during the interaction, the...

The rate of insurance might go up due to the two recent calamities. Insurers are currently busy collecting data to arrive at a conclusion.

The association has also agreed to consider appointments on compassionate grounds, as the government has implemented the scheme merely a we...

The total business of all four public sector non-life insurance companies put together, was at Rs 42,000 crore in 2013-14

The total health insurance market is around Rs 13,000 crore, of which the state-owned companies’ share.

Undercutting is a term used by insurers for quoting rates lower than those prevailing in the market. Such an agreement can, therefore, prev...

In order to bring down the high claim ratio due to alleged "fraudulent practices", public sector health insurance companies have decided to...

A dialogue has started between government-owned insurance companies and healthcare providers on how to continue the cashless facility witho...

Four public sector insurers - New India Assurance, United India Insurance, Oriental Insurance and National Insurance Company - are looking ...

A second round of VRS for employees of PSU general insurance companies is in the offing to cut flab by 10-15% and improve efficiency.