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THE GENERAL INSURANCE COUNCIL
GIC's common empanelment of hospitals win-win for all stakeholders: IFFCO-TOKIO MDThe General Insurance Council is introducing a common hospital empanelment platform. This initiative aims to streamline processes for over ...
GJEPC showcases India's craftsmanship, innovation and design at JCK Las Vegas 2026India's Gem & Jewellery Council celebrates 21 years at JCK Las Vegas, showcasing "Brilliant Bharat." The India Pavilion highlights a shift ...
Long-term Investing: Ecosystem with an edge called India; 12 large- mid- and small-cap stocks with upside potential of up to 34%Tactical investing should not be confused with long-term investing. In a world where geopolitical risk, commodity shocks, and uncertainty a...
India’s trade map enters a world that’s threatened by missiles & bombsIndia's ambitious trade deals are now facing their crucial test. Agreements signed with countries like the UK and Oman are in transition. W...
HDFC Life approves Vibha Padalkar's re-appointment as CEO & Managing DirectorHDFC Life's board has approved Vibha Padalkar's reappointment as Managing Director and Chief Executive Officer. This new term will begin on...
India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
CII proposes comprehensive reforms to streamline industrial land access in IndiaThe Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing...
Why ‘unlimited’ or ‘100% restoration’ benefit in health insurance may not save you from a big hospital bill; here’s what policyholders should knowHealth insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...
General insurance reports 9% GWP growth in FY26India's general insurance sector saw robust growth in FY26. Gross written premium increased by 9%, reaching ₹3.36 lakh crore. This expansio...
Reinsurance and coinsurance not under tax ambitThe GST Council also recommended clarifications on taxability of reimbursements of securities or shares as employee stock option plans give...
Health, fire drive growth for insurers in January even as motor, crop sufferNon-life insurance premium reached Rs 18488.1 crore for the month against Rs 17333.7 crore January of 2020. At 2.8% the Gross Direct Premiu...
Health, fire hazard lead growth for insurance companies in AugustNew premiums for the non-life industry climbed 10% in August to Rs 17,630 crore, latest data from the General Insurance Council showed. Whi...
Vehicle insurance policies must be renewed on time: General Insurance CouncilThe Council said the, "The MoRTH letter on August 24, 2020 advising state governments over the validity of vehicle papers only extends to f...
General Insurance Council restructures its executive committee; brokers get no representationGeneral Insurance Council has restructured its executive committee (EC) without giving any representation to insurance brokers.
General insurers want lower penalty for mis-sellingThey have submitted a representation in this regard before a Parliamentary Select Committee through the General Insurance Council (GIC).
General insurers offer high discounts to corporates as auto business slowsGeneral insurers have started offering deep discounts to corporate clients in the wake of drop in the motor insurance and fall in new indus...
General insurance industry see growth slipping this fiscalThe general insurance industry is likely to see a drop in growth due to a slowdown in economic activities, feel industry players.
- Provisioning for third-party pool may rise 200%
Provisioning requirement for third-party motor pool is likely to burden non-life insurers as the independent body taking a view on the subj...
- IRDA proposes cancelling licences of non-consistent agents
Sectoral regulator IRDA has proposed that the licences of life insurance agents be cancelled if they fail to annually renew at least 50 per...
- Cos may now have to bear bigger slice of insured loss
Loss-hit non-life insurers decide to fix a floor level for deductibles.