A one-rupee mystery at National Insurance Company

Last Updated: Sunday, April 12, 2015, 16:37

Policyholders and agents of government owned National Insurance Company Ltd. are facing what they call as the `one-rupee mystery', or `Re.1 conundrum', say agents and company officials.

NIC for Rs 1500 cr provisioning on motor pool, aims 20% growth

Last Updated: Tuesday, December 18, 2012, 15:03

Motor policies accounted for more than 45 percent of the total general insurance premium of Rs 5500 crore collected during 2011-12.

No cover notes, no impact on vehicle owners

Last Updated: Sunday, November 4, 2012, 00:17

"The government directive will not affect customers as we have stopped issuance of cover notes (temporary policy document issued till the policy is made ready) in a major way long back. The facility is offered only for selected customers based on their past experience," said a senior official of the United India Insurance Company Ltd, who requested anonymity.

No cover notes, no impact on vehicle owners

Last Updated: Sunday, November 4, 2012, 00:17

"The government directive will not affect customers as we have stopped issuance of cover notes (temporary policy document issued till the policy is made ready) in a major way long back. The facility is offered only for selected customers based on their past experience," said a senior official of the United India Insurance Company Ltd, who requested anonymity.

Insurance scam: 5 NICL officials under CBI scanner

Last Updated: Friday, February 3, 2012, 16:56

The CBI is probing the role of five officials of a national insurance company in allegedly causing a loss of over Rs 273 crore.

Maha govt signs MoU with National Insurance Co for health plan

Last Updated: Tuesday, September 6, 2011, 22:52

Maharashtra Government and the National Insurance Company Ltd Tuesday signed a Memorandum of Understanding (MoU) for the first phase of the health scheme that aims to offer cover for around 2 crore people from various diseases.