General-Insurance

Mumbai, 6th July’20: India's homegrown financial technology platform Paytm (owned by One 97 Communications Limited) along with Vijay Shekhar Sharma is set to acquire Mumbai based private sector general insurer Raheja QBE. The acquisition is subject to customary conditions, including approval from the Insurance Regulatory and Development Authority of India (IRDAI). Raheja QBE is owned 51% by...

This International Women’s Day SBI General, one of India’s leading General Insurance companies, underlines the importance of financial independence for women through a holistic campaign which includes a survey bringing intriguing insights

Insurance regulator, the Insurance Regulatory and Development Authority of India (Irdai), on Monday pitched standard guidelines for travel insurance with the objective of ensuring uniformity and definition about coverage, exclusions and terms of coverage for domestic as well as international travel. The new guidelines hope to make travel insurance popular with travellers. The guidance will make available a standard travel...

Two wheelers are the most affordable and convenient form of personal transport. In a country like India, where the traffic congestion is increasing with each passing day, hence travelling in cars can be frustrating. Two wheelers are at an advantage as they can be maneuvered easily and can be parked even in cramped spaces. Which is why...

The number of insurance claims related to treatment for COVID-19 rose to 40 per cent of the total health insurance claims in September, according to an analysis. Based on its analysis of industry data, insurance aggregator Policybazaar.com said "most people filing the claim for COVID-19 treatment are senior citizens of age group 60 years and more, followed by people in...

Mumbai: The proposed 4% stake sale in SBI General Insurance Co. has drawn interest from at least three global private equity investors, including KKR, Singapore’s Temasek Holdings Pvt. Ltd and Canada Pension Plan Investment Board (CPPIB), two people directly aware of the development said, requesting anonymity. “All the above funds have expressed initial interest and are expected to submit...

Bengaluru 19th Feb 2021 : Ever since the outbreak of the COVID-19 pandemic in the month of March last year, the health insurance business in India is experiencing a much-awaited renaissance.Since the last one year, customers have been investing in health insurance in elevated numbers as every day thousands of people continue to test positive for COVID-19 across various parts of...

When it comes to health insurance, ignorance is not bliss. What you don’t know can be turned against you at the time claim settlement. Hence, it is very important to have a thorough knowledge of mediclaim plans. While you can read up the policy details on the policy documents, there are certain things that your health...

A 31 per cent growth in the health segment, driven by the pandemic, has boosted the gross premium collection for the non-life insurance industry by 13.8 per cent to Rs 44,436 crore over in the June quarter over the same period last year, a report said on Wednesday.

The beneficiaries of the Atal Beemit Vyakti Kalyan Yojana can heave a sigh of relief as the Employee State Insurance Corporation (ESIC) has announced that submitting the claim on an Affidavit form is no longer required under the scheme. The Ministry of Labour and Employment said in a statement that the ESIC has extended the scheme of Atal Beemit...