- Irda asks Yogesh Lohiya to get government nod for his new job at Iffco Tokio General Insurance
Irda has asked Yogesh Lohiya, the newly-appointed MD and CEO of Iffco Tokio General Insurance, to get the government's nod to join the priv...
12 Jun, 2012, 06.50 AM IST
- Irda asks GIC to honour pact with ICICI Lombard and HDFC Ergo, pay commission
The insurance regulator threw out the national reinsurer General Insurance Re's decision to abandon payment of commissions to insurance com...
27 Dec, 2011, 04.21 AM IST
- India may have to look abroad for N-cover
Domestic insurers have said they can insure only a fourth of the $320 million liability cover mandated by the government for nuclear plant ...
14 Dec, 2011, 09.06 AM IST
- Mumbai terror attack: Terror insurance premium likely to rise
The serial blasts that rattled Mumbai's diamond district will not only force insurers to do a rethink on cover premium, but are also a grim...
14 Jul, 2011, 06.35 AM IST
- General Insurance Corporation aims to build Rs 1,500-cr nuclear liability pool: Yogesh Lohiya
General Insurance Corporation Chairman and managing director Yogesh Lohiya in an interview with ET spoke on the impact of recent natural ca...
04 Jul, 2011, 02.39 AM IST
- Japan earthquake and nuclear catastrophe leaves a Rs 400 crore hole in GIC books
The total economic loss is estimated at around $409 billion. The insured loss, however, is estimated to be around $40 billion.
30 Jun, 2011, 03.22 AM IST
- Global insurance cos shy away after Japan disaster
NPC & General Insurance find it tough to go ahead with the plan as global insurance cos stay away citing financial risks, post Japan catast...
25 Mar, 2011, 07.27 AM IST
- GIC pays Rs 167 cr to Taj, Oberoi as terror claim
General Insurance Corporation has released Rs 167-crore to Taj and Oberoi hotels in connection with 26/11 terror attack, a top GIC Re offic...
21 Nov, 2009, 06.50 PM IST
- Global financial crisis a blessing in disguise for GIC
The weakened state of the world’s top reinsurers is working in favour of General Insurance Corporation.
06 Jul, 2009, 05.00 AM IST
Air France crash: GIC Re to pay $6 mn in claimsGeneral Insurance Corporation of India (GIC Re) will have to shell out around $6 million (approximately Rs 28 crore) towards its share of t...
20 Jun, 2009, 01.40 AM IST
- GIC Re hikes cost of reinsurance cover
The era of low-property insurance rates is over. The national reinsurer General Insurance Corporation (GIC Re) has raised the cost of reins...
04 Apr, 2009, 01.57 AM IST
GIC says there's no splash in terror poolGeneral Insurance Corp said claims attached to terrorist attacks on Taj and Oberoi hotels do not pose any threat to the terror insurance po...
04 Dec, 2008, 03.08 AM IST
- General Insurance Corporation to venture into Brazil
With a move to expand its global presence, General Insurance Corporation of India, is venturing into Brazil next month for reinsurance busi...
30 Sep, 2008, 05.38 PM IST
- New reinsurers in the Gulf turn up the heat on GIC
The oil boom has resulted in billions of dollars flowing into reinsurance, creating new capacity in the Mid East, which will provide stiff ...
20 May, 2008, 01.00 AM IST
- GIC will renew reinsurance treaties only selectively
In a move that could temper the rate war in the non-life insurance industry, national reinsurer GIC Re has said that it will be very select...
11 Jan, 2008, 02.52 AM IST
- GIC picks up 15% stake in East African Reinsurance
General Insurance Corporation (GIC) has acquired a 14.76% stake in Nairobi-based East African Reinsurance for Rs 7-8 crore.
06 Oct, 2007, 06.08 PM IST
- GIC to open London branch, eyes African reinsurance cos
The corporation, which is the 22nd largest reinsurer in the world and among the largest outside the G-7 group of countries, has a monopoly ...
27 Sep, 2007, 03.06 AM IST