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PSGICS
RBI pension revision: NABARD, PSGIC employees and pensioners to get higher payoutsThe central government has approved significant wage and pension revisions for employees and pensioners of Public Sector General Insurance ...- Govt approves wage, pension revision for PSU insurers, RBI and Nabard employeesThe government has approved wage revisions for public sector general insurance employees and Nabard staff, with a 12.41% hike for insurers ...
- Govt approves wage revision of PSU general insurers, NABARD, RBI employees, pensionersThe central government has approved significant wage and pension revisions. This benefits over 46,000 employees and 23,000 pensioners acros...
- FM Nirmala Sitharaman asks public sector general insurance companies to widen reachSitharaman reviewed the performance of PSGICs and emphasised the urgent need for digital transformation to improve service delivery and eff...
- Life insurance sector in India to grow at 10.5% against global average of 5%: ReportIndia's life insurance market is projected to surge at 10.5% annually over the next decade, significantly outpacing the global average. Thi...
- Public sector insurers turn profitable in Oct-Dec quarterAll four public sector general insurance companies have turned profitable by the third quarter of this financial year, reversing combined l...
- Public insurance companies running Ayushman Bharat scheme in only Tamil Nadu, three more states: SourcesInstead, a few states are engaging private sector insurance companies while most have set up trusts to run the Pradhan Mantri Jan Arogya Yo...
- Unions oppose performance linked wages; demand merger of PSU general insurersIt is a matter of serious concern that the public sector general insurance companies who gave handsome profits and dividends for the years ...
- National Insurance among four govt-owned general insurers gearing up for major rejigThe four Central government owned non-life insurers are expected to implement a major organisational restructuring in less than month which...
- Public sector general insurers may get capital infusion of Rs 3,000-5,000 croreIn the last financial year, the government made capital infusion of Rs 5,000 crore in these three insurance companies.
- State-run general insurers to hire consultant for revamp"The government has recently infused capital in three insurers and this is the next step to improve on their operational efficiencies," sai...
- Pradhan Mantri Suraksha Bima Yojana: Accidental death, disability cover@Rs 12 p.aA social security scheme of the government, PMSBY aims to provide insurance cover to individuals in cases of accidents leading to death or ...
- Govt to finalise PSU general insurers' merger by March-endGovt plans to merging National Insurance Co, United India Insurance Co & Oriental Insurance Co by March.
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