- Tata AIG hopes to log underwriting profit this fiscal
Tata AIG is likely to log in an underwriting profit, excluding the third-party motor pool, in the current financial year.
24 Mar, 2013, 01.09 PM IST
- Discounts on own-damage motor policies lowered down by 20%
Non-life insurers have lowered discounts on commercial and private own-damage motor policy by as much as 20%, as third-party motor risk mov...
30 May, 2012, 04.28 AM IST
- Bharti Axa General eyes 45% premium growth in FY13
According to Irda, the premium collection by Bharti Axa rose to Rs 774 crore compared to Rs 492 crore a year ago.
25 Mar, 2012, 02.55 PM IST
- New IRDA norms on motor insurance to reduce losses of insurers
IRDA's decision to implement 'declined risk pool system' for third party motor insurance is likely to reduce the losses incurred in this sp...
23 Mar, 2012, 08.29 PM IST
- Third Party motor insurance claim ratio at 145 pc for FY'12
IRDA said motor insurance companies have paid out 45 per cent more than the premium on account of claims under the third party motor pool d...
22 Mar, 2012, 09.44 PM IST
- New motor insurance pool a welcome reform
The insurance regulator's move to reform the motor insurance pool to settle accident claims of victims is welcome.
27 Dec, 2011, 05.36 AM IST
- Motor insurance premium set to rise from April
Motor insurance premium is set to jump by up to 20% from Apr, with IRDA deciding to scrap common pool used by insurers to settle accident c...
25 Dec, 2011, 04.27 PM IST
- Insurance Regulatory and Development Authority finally junks third-party motor insurance pool
The Insurance Regulatory and Development Authority has dismantled the four-year-old thirdparty motor insurance pool.
24 Dec, 2011, 01.55 AM IST
Diesel cess proposed to help loss-laden motor insurersThe liability will be covered by the funds collected through cess on diesel, precluding the need for a third-party liability cover.
07 Dec, 2011, 10.35 AM IST
- Insurance Regulatory Development Authority biased against us: State insurers
The state general insurance companies have complained to the finance ministry this was being done to benefit the private companies.
28 Nov, 2011, 05.32 AM IST
- Decision on motor insurance pool after discussions: IRDA
IRDA today said it will take a view on scrapping the Third Party Motor Insurance Pool after completing discussions with stakeholders.
08 Nov, 2011, 08.51 PM IST
- IRDA may end third party insurance pool
The insurance regulator is contemplating scrapping the third party motor pool from which claims of all accident victims are settled.
31 Oct, 2011, 02.40 AM IST
- Third-party motor pool dents non-life insurance earnings
Higher third-party pool provisioning is also making it tough for insurers to meet solvency margins.
19 May, 2011, 05.01 AM IST
- IRDA cuts admn fee for GIC under motor third-party ins pool
Insurance regulator, IRDA, on Tuesday reduced the administration fee to be paid to General Insurance Corporation of India (GIC) from 2.5 pe...
19 May, 2009, 08.40 PM IST
- Common risk pool likely for senior citizens cover
Insurance regulator is examining a proposal to set up a 3rd party pool for risks on account of healthcare policies for senior citizens.Keep...
03 Mar, 2008, 01.30 AM IST
- Motor pool to help PSUs ride out of losses
Public sector insurers continue to write the lion’s share of motor third-party insurance premium.
13 Jun, 2007, 03.03 AM IST
- IRDA to consult govt on motor insurance tariff
The Insurance Regulatory and Development Authority is likely to consult the government on free pricing of motor third-party insurance in vi...
21 Nov, 2006, 02.42 AM IST