Psu Insurers
- All
- News
- Videos
-
Public Sector Insurance Firms Incur Rs 26,364 Crore Loss In 5 Years
All four public sector insurers incurred losses of Rs 26,364 crore in the health insurance portfolio for the last five years due to higher claims in group policies, a CAG report said.
-
LIC IPO: Let's Invest Cautiously
The LIC IPO fever is gripping the country. There are many investors who want to participate. But will LIC create long term wealth for its shareholders?
-
Insurer Aviva India Turns To PSU Banks On Recapitalisation Plan Boost
The insurer also likes metals stocks and consumption-driven sectors, especially those that target rural consumers.
-
New India Assurance IPO Likely To Hit Capital Market By December
New India Assurance is the largest among the four PSU general insurance companies that are wholly-owned by the government.
-
Banks Not Responsible For Theft From Lockers, Says Reserve Bank
Some banks, in their locker hiring agreements, have made it clear that any item stored in the locker is at the customer's own risk and he or she may, in their own interest, insure the valuables.
-
Government Looks To Raise Rs 11,000 Crore From Listing Of Insurers
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi, gave nod to listing five government-owned general insurance companies.
-
Cabinet Clears Insurance Reforms, 5 Government Insurers To Get Listed
Mr Jaitley had announced in last year's Budget that the government would list state-owned general insurance companies to improve transparency and accountability.
-
Cabinet May Decide On Listing Of PSU Insurers This Month: Report
The Finance Ministry had last week circulated a draft Cabinet note for inter-ministerial consultations on the listing of four public sector general insurance companies.
-
Life Insurance Corp Buys Over 50% Of NBCC Shares On Offer For Rs 1,200 Crore
The life insurance behemoth's stake in the state-run construction firm has gone up to 8.11% following its participation in NBCC's offer for sale which happened last week.
-
Finance Ministry May Finalise PSU Insurers Listing Plan In Two Months: Report
There are 52 insurance companies operating in India, of which 24 are life insurance business and 28 in general insurance.
-
PSU General Insurers Allowed To Sell Government's Crop Insurance Schemes
The government has now allowed all the four public sector general insurers to participate in its ambitious farm insurance schemes - Pradhan Mantri Fasal Bima Yojana (PMFBY) and Unified Package Insurance Scheme - with a potential of over $2.5 billion in premium collection.
-
Cabinet Note On Listing Of PSU Insurers To Be Issued Soon: Report
The Finance Ministry will soon issue a draft Cabinet note on listing of public sector general insurance companies in line with the announcement made in the Budget.
-
Government Says PSU Insurer Listing To Happen One By One
The process of listing of four public sector general insurance companies will begin one byone and "lot of action" is expected on the front in next few months, a top official said on Thursday.
-
Government Sells $5-Billion PSU Shares in 2015, Readies Next Year Pipeline
The government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through stake sales in PSUs, but not without the help of its all-time saviour Life Insurance Corporation (LIC), while a strong pipeline is ready for 2016 with blue chips like NTPC, Coal India and ONGC (Oil & Natural Gas Corporation).
-
Finance Ministry Meets PSU Insurers, Regulator to Expedite Claims in Tamil Nadu
The Finance Ministry on Monday held a review meeting with public sector insurance companies including LIC and discussed ways for expeditious disposal of claims related to floods in Tamil Nadu.
-
Public Sector Insurance Firms Incur Rs 26,364 Crore Loss In 5 Years
All four public sector insurers incurred losses of Rs 26,364 crore in the health insurance portfolio for the last five years due to higher claims in group policies, a CAG report said.
-
LIC IPO: Let's Invest Cautiously
The LIC IPO fever is gripping the country. There are many investors who want to participate. But will LIC create long term wealth for its shareholders?
-
Insurer Aviva India Turns To PSU Banks On Recapitalisation Plan Boost
The insurer also likes metals stocks and consumption-driven sectors, especially those that target rural consumers.
-
New India Assurance IPO Likely To Hit Capital Market By December
New India Assurance is the largest among the four PSU general insurance companies that are wholly-owned by the government.
-
Banks Not Responsible For Theft From Lockers, Says Reserve Bank
Some banks, in their locker hiring agreements, have made it clear that any item stored in the locker is at the customer's own risk and he or she may, in their own interest, insure the valuables.
-
Government Looks To Raise Rs 11,000 Crore From Listing Of Insurers
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi, gave nod to listing five government-owned general insurance companies.
-
Cabinet Clears Insurance Reforms, 5 Government Insurers To Get Listed
Mr Jaitley had announced in last year's Budget that the government would list state-owned general insurance companies to improve transparency and accountability.
-
Cabinet May Decide On Listing Of PSU Insurers This Month: Report
The Finance Ministry had last week circulated a draft Cabinet note for inter-ministerial consultations on the listing of four public sector general insurance companies.
-
Life Insurance Corp Buys Over 50% Of NBCC Shares On Offer For Rs 1,200 Crore
The life insurance behemoth's stake in the state-run construction firm has gone up to 8.11% following its participation in NBCC's offer for sale which happened last week.
-
Finance Ministry May Finalise PSU Insurers Listing Plan In Two Months: Report
There are 52 insurance companies operating in India, of which 24 are life insurance business and 28 in general insurance.
-
PSU General Insurers Allowed To Sell Government's Crop Insurance Schemes
The government has now allowed all the four public sector general insurers to participate in its ambitious farm insurance schemes - Pradhan Mantri Fasal Bima Yojana (PMFBY) and Unified Package Insurance Scheme - with a potential of over $2.5 billion in premium collection.
-
Cabinet Note On Listing Of PSU Insurers To Be Issued Soon: Report
The Finance Ministry will soon issue a draft Cabinet note on listing of public sector general insurance companies in line with the announcement made in the Budget.
-
Government Says PSU Insurer Listing To Happen One By One
The process of listing of four public sector general insurance companies will begin one byone and "lot of action" is expected on the front in next few months, a top official said on Thursday.
-
Government Sells $5-Billion PSU Shares in 2015, Readies Next Year Pipeline
The government's disinvestment kitty has almost doubled this year with over Rs 35,000 crore garnered through stake sales in PSUs, but not without the help of its all-time saviour Life Insurance Corporation (LIC), while a strong pipeline is ready for 2016 with blue chips like NTPC, Coal India and ONGC (Oil & Natural Gas Corporation).
-
Finance Ministry Meets PSU Insurers, Regulator to Expedite Claims in Tamil Nadu
The Finance Ministry on Monday held a review meeting with public sector insurance companies including LIC and discussed ways for expeditious disposal of claims related to floods in Tamil Nadu.
