The finance ministry proposes allowing insurers to expand beyond insurance. The draft suggests new services like guarantee and indemnity se...

Dream Sports, the largest real-money gaming company in India, is charting its diversification strategy and will now turn to more strategic ...

JPMorgan has upgraded General Insurance Corporation to buy with a target price of Rs 230, stating that it foresees an improvement in the tr...

"The IRDAI has an extensive framework for regulating and monitoring investments made by insurance companies, which is applicable on both th...

The proposed amendments suggest that the minimum paid up capital be specified by the Insurance Regulatory and Development Authority of Indi...

For another, these offer attractive yields, and so can well be lapped up by long-term investors with the requisite risk appetite.

Company’s performance is aided by better underwriting and lower claims

With the spurt in crop insurance, GIC Re’s had seen significant growth from the Indian insurance market.

The company reported combined ratio of 99.4 per cent for the first half of the year up from 99.1 per cent.

“Last year, GIC Re had grown at 82% on the back of the crop insurance scheme”

“GIC is in a very unique space as a reinsurer with a dominant market share and a global book”

There is a scope of increasing price in volatile lines of businesses like health and agriculture

We are not only serving the Indian diaspora, we are serving foreign nationals as well.

Almost 14.6 million people in India make their living from fishing. Marine and farm fish harvests in India have doubled since 1992 to 9.04 ...

Encouraged by government's decision to push insurance sector reforms, UK-based re-insurance giant Llyod's said it expects to start operatio...

Export Credit Guarantee Corporation Ltd, is having plans to introduce new products targeted at MSMEs, informed N. Shankar.

This will reduce the need for Indian insurers seeking re-insurance from the bigger global players as any claim that may arise could be sett...