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...
29 May, 2025, 12.53 AM IST
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...
28 May, 2025, 10.35 AM IST
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...
14 Feb, 2025, 12.54 AM IST
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...
15 Mar, 2024, 03.13 PM IST
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 ...
19 Oct, 2022, 07.33 PM IST
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...
18 Aug, 2022, 06.25 PM IST
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.
08 May, 2022, 01.24 PM IST
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...
05 May, 2022, 12.17 AM IST
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 ...
01 Sep, 2021, 08.33 PM IST
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.
05 Feb, 2020, 10.10 PM IST