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New India Assurance eyes 20% growth next year

Last Updated: Friday, December 27, 2013, 19:08

State-run New India Assurance is hoping for a healthy growth in 2014 on the back of better auto sales, uptick in investments and rural demand, a top company official said Friday.

Liberty Videocon to seek capital infusion from promoters

Last Updated: Sunday, December 8, 2013, 11:45

As a new entrant, its financial muscle will also help the company convince intermediaries and clients about its capacity to participate in underwriting higher risks and settle claims.

SBT, SBI General Insurance launch affordable health plan

Last Updated: Thursday, November 28, 2013, 18:27

State Bank of Travancore (SBT) and SBI General Insurance Thursday jointly launched an affordable health insurance plan for SBT customers.

Internal accruals alone enough to fund growth: Tata AIG

Last Updated: Friday, November 22, 2013, 21:36

The company, which received a capital infusion of around Rs 55 crore last year, has shown underwriting profit in the first half of the fiscal.

Tata AIG hopeful of 15-16% growth this year

Last Updated: Monday, November 18, 2013, 20:59

Tata AIG General Insurance is a joint venture between Tata and the US-based insurer-AIG.

Aviation insurance to emerge as growing segment in GI sector

Last Updated: Sunday, November 10, 2013, 15:35

Aviation insurance is likely to emerge as a key growth area in the coming years with new airlines starting operations and existing players expanding fleet size, industry officials said.

SBI General Insurance premium income up 83% to Rs 541 cr in H1

Last Updated: Wednesday, November 6, 2013, 19:41

SBI General Insurance Wednesday said it has seen a healthy 83 percent growth in premium income to Rs 540.93 crore in the first half of the current financial year.

ICICI Lombard GI posts Rs 359 cr profit in H1 of FY'14

Last Updated: Wednesday, October 30, 2013, 19:05

Private player ICICI Lombard General Insurance has reported nearly 2-fold jump in profit to Rs 359 crore for the first half of the 2013-14 fiscal.

General insurance industry expects auto sales to revive growth

Last Updated: Monday, September 9, 2013, 18:30

The general insurance industry is pinning its hope on increased automobile sales, in the second half of the current financial year, to revive its growth.

Volatile bond market may have minimal impact on GI cos' income

Last Updated: Sunday, August 25, 2013, 18:12

The volatile bond market will have a minimal impact on the investment income of general insurance players as most of them are likely to settle claims from incremental cash flows rather than redeeming bonds, say industry players.

Reliance General eyes SMEs for health insurance

Last Updated: Sunday, August 11, 2013, 16:42

Reliance General Insurance is betting big on sale of health insurance products in the highly under-penetrated Small and Medium Enterprises (SMEs) as parts of its plans to achieve full-year profitability this fiscal.

General insurers focus on retail, small towns to beat slowdown

Last Updated: Sunday, August 4, 2013, 11:46

Industry officials also say that there is an increasing focus on renewal premium, as the new premium growth from the motor, engineering segments has slowed.