general insurance corporation of india

Non-life insurers need to be prudent in underwriting risks: GIC


August 18th, 2012 - 3:25 pm ICT by IANS
Chennai, Aug 18 (IANS) Indian non-life insurers should be careful while underwriting risks as the non-life insurance market is on a high growth path and needs additional capital to ... Read more...

Posted in Business |

GIC Re covered for Japan risks: Chairman


March 15th, 2011 - 9:41 pm ICT by IANS
Chennai, March 15 (IANS) Indian national reinsurer General Insurance Corporation of India (GIC Re) Tuesday said it is awaiting data from business associates to estimate its risk exposure in Japan ... Read more...

Posted in Business |

Indian insurers taking stock of Japanese tsunami


March 11th, 2011 - 9:48 pm ICT by IANS
Chennai, March 11 (IANS) Indian insurers - New India Assurance Company Ltd and General Insurance Corporation of India (GIC Re) - are taking stock of their risk exposure in Japan ... Read more...

Posted in Business |

Chola MS targets Rs.900 crore premium in 2010-11


July 16th, 2010 - 8:47 pm ICT by IANS
Chennai, July 16 (IANS) City-based non-life insurer Cholamandalam MS is targeting a premium of Rs.900 crore this fiscal and hoping to bring down its underwriting loss (premium minus claims paid), a top ... Read more...

Posted in Business |

Mangalore air crash unlikely to hit Reliance-led insurers


May 22nd, 2010 - 5:15 pm ICT by IANS
By Venkatachari Jagannathan Chennai, May 22 (IANS) The Reliance General Insurance Company-led consortium, which insured Air India's fleet including the Boeing 737 aircraft that crashed Saturday in Mangalore, may not be hit ... Read more...

Posted in Business |

PSU general insurance employees upbeat about wage hike


May 6th, 2010 - 3:20 pm ICT by IANS
Chennai, May 6 (IANS) Employees unions of four government-owned non-life insurance agencies are upbeat about getting a good wage settlement in the wake of a 14 percent premium growth the insurers have ... Read more...

Posted in Business |

Private insurers upset over GIC cutting commission rates


April 14th, 2010 - 4:46 pm ICT by IANS
Chennai, April 14 (IANS) A section of private non-life insurers are planning to take up with the General Insurance Council of India the move by the General Insurance Corporation of India to ... Read more...

Posted in Business |

Damage to terrorist-attacked hotels covered


December 2nd, 2008 - 12:55 pm ICT by IANS
Chennai, Dec 2 (IANS) Damage to insured property due to actions of security personnel in an anti-terrorist operation is covered under the terrorism risk cover of fire insurance policies despite existence ... Read more...

Posted in Sci-Tech |

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