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Insurance News 
Title:  New India hikes health insurance rates by 20% - mydigitalfc.com
Publish Date :  Wed, 01 May 2013 17:11:17 GMT
Description :  Speaking to reporters while announcing the company's full year results, G Srinivasan, chairman and managing director, New India Assurance, said, â??The premium rates in Mediclaim 2007 will go up by 20 per cent on an average. The rates were last revised ...
Energy Insurance Pool fund insufficient for covering risks, says New India ...Business Insurance
Health covers may cost 20% moreEconomic Times
In-house TPA to be operational from Jan 2014Business Standard

all 9 news articles »
Title:  Now, HEART patients can GET a health insurance
Publish Date :  Mon, 22 Apr 2013 19:49:22 -0700
Description :  Chennai-based Star Health and Allied Insurance has launched Cardiac Care, a unique policy that covers people with heart ailments.
Title:  General insurance industry logs 19% growth in April - Feb period - Indian Express
Publish Date :  Wed, 17 Apr 2013 09:08:40 GMT
Description :  General insurance industry grew by 19.34 per cent in the 11 months of 2012-13 fiscal led by SBI General which recorded over three-fold growth in gross premium as compared to last fiscal. The 27 non-life insurers collected Rs 61,885.11 crore premium in ...

and more »
Title:  Insurance firm directed to pay more - Times of India
Publish Date :  Thu, 11 Apr 2013 14:47:17 GMT
Description :  AHMEDABAD: A Consumer Dispute Redressal Forum has asked New India Assurance Company to increase the insurance payout for the theft of copper pipes from air conditioners installed in an office. The concerned office was covered by the insurance ...

Title:  Committed to liberalising insurance: PM
Publish Date :  Thu, 11 Apr 2013 10:47:08 -0700
Description :  I think we came step closer but there are still different expectations on both sides: Merkel
Title:  Focus on smaller towns, Chidambaram tells insurance sector
Publish Date :  Fri, 12 Apr 2013 06:55:56 -0700
Description :  General Insurance Council's insurance awareness campaign. As India remains among the most under-insured countries in the world, the Finance Minister P Chidambaram today asked the general insurance industry to spread awareness about the need for risk cover in smaller towns across the country.
Title:  Germany presses India to hike insurance equity cap
Publish Date :  Thu, 11 Apr 2013 10:04:18 -0700
Description :  After talks with PM Manmohan Singh, German Chancellor Angela Merkel said India and the EU have not yet overcome 'all the difficulties' in reaching an agreement to conclude the FTA.
Title:  India Network Health Insurance Announces a Scheduled Benefit Health Insurance Program for New Immigrants and Citizens ...
Publish Date :  Sat, 30 Mar 2013 14:01:40 GMT
Description :  Newly arriving elderly immigrants often find it difficult to get health insurance coverage in the United States. The new scheduled benefit health insurance offered through India Network would provide health insurance coverage for individuals aged 64 years or below and visitors of all ages are covered under India Network Pre-existing Condition plans. ...
Title:  India to Set Up Insurance Fund for Refiners of Iranian Crude - Bloomberg
Publish Date :  Thu, 04 Apr 2013 13:00:45 GMT
Description :  India will set up an insurance fund worth 20 billion rupees ($364 million) to cover refiners buying crude from Iran, a move that may help them continue purchasing from the Persian Gulf state. The fund, to be managed by India's General Insurance Co ...

Title:  Health insurance after heart surgery - Times of India
Publish Date :  Fri, 05 Apr 2013 23:30:13 GMT
Description :  New India Assurance is in the process of filing four covers with Insurance Regulatory and Development Authority. "One of one is designed as critical illness cover. We will widen the coverage in all policies," said New India Insurance CMD G Srinivasan.
Star Health hopes to break even this fiscalNew York Daily News

all 6 news articles »
Title:  Hope to get Insurance Bill passed soon: FM - Times of India
Publish Date :  Sat, 06 Apr 2013 12:22:28 GMT
Description :  The Insurance Laws (amendment) Bill, 2008 had provided for an increase in foreign investment limit to 49 per cent. However, the standing committee on finance headed by senior BJP leader Yashwant Sinha did not favour the hike in FDI ceiling, indicating ...

and more »
Title:  Motor insurance premiums set to rise this year
Publish Date :  Fri, 05 Apr 2013 16:41:24 GMT
Description :  Insurance for your car is set to get more expensive this year, with the regulator increasing the premium for third-party cover by 20 per cent and insurers planning to hike â??own damageâ?? rates for comprehensive policies as well.
Title:  Get clarity on exclusion clauses before buying cell phone insurance
Publish Date :  Fri, 05 Apr 2013 18:30:00 GMT
Description :  India , April 6 -- When I lost my expensive mobile phone just a few days after purchase, several well-meaning friends criticised me for not having insured the phone. It was obvious that they had no idea about the limitations of mobile phone insurance and I couldn't blame them for it. Insurance companies often gloss over the exclusion clauses at the point of sale and use them only when a claim is ...
Title:  India -EU free trade deal hinges on hiking FDI in insurance
Publish Date :  Sat, 06 Apr 2013 16:58:15 GMT
Description :  India needs to provide assurances to the European Union that it is looking to hike the foreign direct investment limit in the insurance sector to give a push to the free trade agreement with India , people close to the development have said.
Title:  'Firm must pay insurance claim despite missing licence' - Times of India
Publish Date :  Tue, 02 Apr 2013 22:46:25 GMT
Description :  The Maharashtra State Consumer Disputes Redressal Commission while upholding a district forum order took a strong view against Bajaj Allianz General Insurance Co Ltd, which did not help the complainants even after they said that the licence had been ...

Title:  Insurance leaves scar on Professors post-surgery - The New Indian Express
Publish Date :  Mon, 01 Apr 2013 05:14:55 GMT
Description :  During the treatment he was reportedly informed by the hospital that the expenses incurred towards the surgery would be fully covered under the Orthopedic Surgery Category II listed in the NHIS 2012 and claimed from the United India Insurance Company.

Title:  Film insurance: A 'hit' among producers - Business Standard
Publish Date :  Fri, 29 Mar 2013 14:09:16 GMT
Description :  New India Assurance, National Insurance Company are some of the public general insurers which offer film insurance. Among the private players, Salian said that companies like Future Generali India Insurance, Tata AIG General Insurance and IFFCO-Tokio ...
Generali to help L&T buy out Future's stake in joint ventureTimes of India

all 2 news articles »
Title:  Nokia phones insurance will not erode New India 's goodwill: Official
Publish Date :  Tue, 12 Mar 2013 12:32:32 GMT
Description :  Chennai, March 12 (IANS) India 's leading non-life insurer New India Assurance Company Ltd is upbeat about offering insurance protection to mobile handsets sold at Nokia retail outlets and is confident that the venture will not result in erosion of its goodwill, said a senior official.
Title:  Nokia and New India Assurance launch handset insurance plan
Publish Date :  Wed, 13 Mar 2013 07:51:59 GMT
Description :  Nokia India has announced a unique partnership with New India Assurance (NIA), a leading global insurance group, wholly owned by the Govt. of India . The partnership will provide Nokia's consumers the benefits of a highly affordable and comprehensive handset insurance plan to safeguard them against risks of mobile handset loss and damage.
Title:  India 's onloine search for insurance , pension products grows 4 times in three years
Publish Date :  Thu, 14 Mar 2013 13:33:27 GMT
Description :  India has the third largest base of internet users in the world, with a growing â??digital high valueâ?? consumer segment.
Title:  New India Upbeat About Nokia Insurance
Publish Date :  Thu, 14 Mar 2013 05:22:01 GMT
Description :  Chennai: India 's leading non-life insurer New India Assurance is upbeat about offering insurance protection to mobile handsets sold at Nokia retail outlets.
Title:  Forum slaps Rs 24 lakh fine on insurance firm - Indian Express
Publish Date :  Sun, 27 Jan 2013 20:36:05 GMT
Description :  Refusal to honour a claim has cost an insurance company dear, with the Maharashtra State Consumer forum slapping a hefty fine of Rs 24.3 lakh over and above the claim of Rs 29 lakh on the company. United India Insurance Company had turned down a ...

Title:  Irda proposes uniform definition of key terms in health insurance - Indian Express
Publish Date :  Tue, 15 Jan 2013 05:10:01 GMT
Description :  IRDA has come out with standard definition of various key terms like critical illness with a view to bring in uniformity and promote health insurance. â??Health insurance addresses a major area of public concern. Although it is rapidly growing, access to ...

and more »
Title:  Insurance claims not time-bound: Panel - Times of India
Publish Date :  Mon, 14 Jan 2013 19:56:55 GMT
Description :  MUMBAI: The Maharashtra State Consumer Disputes Redressal Commission recently held that filing an insurance claim late cannot be the reason for rejecting it. The commission, while upholding a district forum's order, directed The Oriental Insurance ...

Title:  Car insurance to cost 10% more, trucks' 50% - Daily News & Analysis
Publish Date :  Wed, 16 Jan 2013 01:32:40 GMT
Description :  Motor insurance in India has two components â?? one covering one's own damage, and the other covering third-party damage in terms of property or life. The third-party coverage is mandatory by law for both commercial and personal vehicles. It provides ...

Title:  Notices served on 8 insurers for alleged tax evasion
Publish Date :  Thu, 13 Dec 2012 09:12:59 -0800
Description :  The Centre has served show-cause notices to eight insurance companies so far this fiscal for alleged tax evasion, Rajya Sabha was informed on Thursday.
Title:  Insurance industry paying increasing attention to climate change
Publish Date :  Thu, 13 Dec 2012 11:58:51 -0800
Description :  The insurance industry, the world's largest business with $4.6 trillion in revenues, is making larger efforts to manage climate change-related risks, according to a new study.
Title:  Call for thrust on micro insurance - Times of India
Publish Date :  Mon, 10 Dec 2012 01:23:44 GMT
Description :  MADURAI: India is the world leader in micro insurance and regulating it from its budding stages and revamping its regulations are a must, feels a World Bank expert. At a function here recently, Moseleddin Ahmed, World Bank Consultant on Micro Health ...

Title:  FDI hike in insurance won't change industry much: CEO Survey
Publish Date :  Wed, 12 Dec 2012 02:16:19 -0800
Description :  Chennai, Dec 12 (IANS) Contrary to the general perception that the private life insurers are in favour of 49 percent foreign direct investment (FDI) in the sector, a good number of head honchos are less enthusiastic about it, reveals an survey by US-based global actuarial firm Milliman.
Title:  CIBIL ready to offer expertise to insurance companies
Publish Date :  Wed, 12 Dec 2012 09:51:09 -0800
Description :  The scores that so far helped access to credit will also influence the price in future