Insurance

FinMin pegs Q2 growth at 7.35%

“India’s growth momentum, by comparison, has held firm. High-frequency indicators spanning industrial output, energy consumption, port traffic, GST collections, and automobile sales recorded stronger...

IndiGo posts Q2 loss, amid higher fuel cost

The company posted net loss of about Rs 1,900 crore in the second quarter, when compared to a loss of Rs 2,582 crore in...

Noel Tata retires from Trent

Tata has been associated with the fashion retailer since 1997. The company’s board has appointed Bahram Vakil as Chairman of the Company. “It has been a...

India’s Insurance Renaissance

Premiums Rise, Penetration Declines in FY 2023-24 As of the fiscal year 2023-24, India's insurance market has demonstrated robust growth. The total insurance premium increased...

Insurance: Focus on customer and their rights…

GST clarification-a relief for insurers The GST Council took a decision not to levy tax on insurance premium and reinsurance commission, retrospectively. Co-insurance is an...

Insurance Round Up – Changes favouring customers…

Major changes have happened in the insurance sector. While some bring cheer to the retail sector, few favour with the corporates. Till 2006, the insurance...

Insurance – Predatory practice to lure customers

Insurance sector has been under the scrutiny of government agencies for some time now. First the GST authorities raised a huge demand running into...

Insurance – Will the consumer be protected from influence?

Unlike other sectors, insurance is considered to be a field where there has to be strong regulations to protect policyholders. Despite this, policyholders are...

Tech and sustainability will be differentiators

Benefitting from the China plus one, Atmanirbhar Bharat, Make in India and PLI schemes, Indian manufacturing is through a golden streak. With global companies...

Global Turmoil will shape insurance – KB Vijay Srinivas, retired director and holding joint additional charge as CMD of United India Insurance Company

Insurance mainly depends on the performance of trade and economy. World over, times have not been good. As the sector is tied with trade...

Arbitration dilemma and an internal ombudsmen

In 2022, insurance disputes accounted for a significant 27 per cent of cases in consumer courts, revealing the pervasive challenges within the industry. Out...

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FinMin pegs Q2 growth at 7.35%

“India’s growth momentum, by comparison, has held firm. High-frequency...

IndiGo posts Q2 loss, amid higher fuel cost

The company posted net loss of about Rs 1,900...

Noel Tata retires from Trent

Tata has been associated with the fashion retailer since...

Equitas SFB MD P. N. Vasudevan to quit

“My daughter is the co-promoter of an NBFC which...

Sundaram Home Finance Q2 Net up 20%

Overall disbursements went up 31 per cent to Rs....