'Online buying of non-life insurance schemes rising in India'

Last Updated: Thursday, May 7, 2015, 22:48

Online purchase of non-life insurance policies in the country is on a rise, while motor insurance attracts the maximum number of customers, a study said on Thursday.

Can't implement pre-packaged rates in policies: GIC to HC

Last Updated: Thursday, January 9, 2014, 20:53

General Insurance Council, which represents 25 non-life insurance companies, today told the Bombay High Court that it was not possible for its members to come out with a pre-packaged compensation in the policies on the basis of sum insured and on the type of hospital.

Non-life insurers premium rises 18% in Apr-Aug

Last Updated: Sunday, September 30, 2012, 11:14

Non-life insurance companies reported a 18 percent growth in premium collections in the April-August period, reflecting an upturn in business environment.

Non-life insurers need to be prudent in underwriting risks: GIC

Last Updated: Saturday, August 18, 2012, 14:51

Indian non-life insurers should be careful while underwriting risks as the non-life insurance market is on a high growth path and needs additional capital to support the business, a top official of General Insurance Corporation of India (GIC) said.

Non-life insurers post 18% growth in May 2012

Last Updated: Thursday, June 28, 2012, 00:08

The Indian non-life insurance sector logged an overall premium growth of 18.27 percent in May 2012 as compared to the same period of 2011, as per figures released by Insurance Regulatory and Development Authority (IRDA) Wednesday.

Good policy communication is responsibility of insurer: IRDA

Last Updated: Thursday, April 12, 2012, 20:55

Faced with large number of complaints against non-life insurance companies, the regulator IRDA on Thursday suggested making the common people understand the policy by simplifying the language.