No decision yet on Cairn-Vedanta deal: United India Insurance

Last Updated: Tuesday, August 4, 2015, 22:55

Public sector player United India Insurance Company Ltd (UIICL), one of the shareholders in Cairn India, Tuesday said it has not taken any stand on the merger issue of Vedanta and Cairn India Ltd.

CCI imposes Rs 671 crore fine on four state-run insurers

Last Updated: Thursday, July 16, 2015, 20:11

Competition Commission has imposed a penalty of Rs 251.07 crore on New India Assurance, Rs 162.8 crore on National Insurance, Rs 156.62 crore on United India Insurance and Rs 100.56 crore on Oriental Insurance, respectively.

IRDA imposes Rs 60 lakh penalty on United India Insurance

Last Updated: Monday, April 27, 2015, 23:25

Insurance regulator IRDA Monday imposed a penalty of Rs 60 lakh on state-owned United India Insurance Company Ltd for violation of various regulatory provisions.

ONGC renews insurance 35% cheaper from United India for $20 mn

Last Updated: Monday, March 30, 2015, 21:42

Energy major ONGC has driven a hard bargain to renew its insurance and re-insurance covers, at USD 20 million -- a discount of 35 percent -- for its offshore assets valued at USD 34 billion from state-run United India Insurance and two global re-insurers.

CCI rules out abuse of dominance by United India Insurance

Last Updated: Friday, July 5, 2013, 15:14

Competition Commission has rejected allegations of abuse of dominance against United India Insurance Co and its third party administrator E-Meditak in the market for medical insurance services.

There has to be different yardstick in choosing multiplier: HC

Last Updated: Saturday, June 29, 2013, 08:52

Madras High Court ruled that if an NRI dies in an accident in India then in choosing multiplier, there has to be a different yardstick as between an Indian and NRI.

United India Insurance to focus on retail segment for growth

Last Updated: Sunday, February 17, 2013, 13:39

Increased emphasis on retail segment along with focus on containing underwriting losses will be the key driver for profitable growth going ahead for the public sector general insurer United India Insurance, a top company official has said.

United India Insurance plans to enter Middle East, SAARC

Last Updated: Tuesday, December 11, 2012, 10:43

United India Insurance Company plans to enter the Middle East and SAARC countries to tap the potential in these regions due to a presence of a large India diaspora, a top company executive has said.

'United India to cross 10,000 crore premium by FY13 end'

Last Updated: Thursday, November 8, 2012, 15:37

Public sector United India Insurance would cross the Rs 10,000 crore premium mark by the end of this financial year, a growth rate of 26 percent, a top company official said on Thursday.

Milind Kharat appointed United India Insurance CMD

Last Updated: Sunday, October 21, 2012, 19:06

Kharat, who assumed office on October 18, began his career as Direct Recruit Officer of 1979 batch of General Insurance Corporation of India.

United India launches mobile premium payment facility

Last Updated: Tuesday, September 25, 2012, 22:45

The city-based company launched 'M-Power'-- an application that can be used by the public to pay their premiums using a mobile phone.

Fire, group health, motor insurance premia may go up

Last Updated: Monday, September 24, 2012, 22:06

Premiums in various segments like fire, group health insurance plan and third-party motor insurance are likely to go up in the wake of losses being incurred by insurers, a top United India Insurance executive said.