Insurance

Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured at Renault India’s facility in Oragadam, Chennai. The plant supports both domestic requirements and international markets,...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster than all other G-20 economies, as well as similarly rated emerging market sovereigns, risks remain,”...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days from 17 days a year earlier, the lowest level since November 2023, it said. The sharp...

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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Renault India Resumes Exports to Lanka

The vehicles being exported to Sri Lanka are manufactured...

Moody’s lifts India GDP growth forecast to 7%

“Although we continue to expect India to grow faster...

Coal inventories at power plants fall to 9 days

Consequently, coal stock cover nearly halved to nine days...

Walgreens to set up GCC in Chennai

An memorandum of understanding was signed on Friday with...

SP Group backs Tata Sons IPO

SP Group owns 18.4 per cent in Tata Sons....