motor insurance

United India to expand micro-offices, agency channel


September 18th, 2012 - 1:44 pm ICT by IANS
Chennai, Sep 18 (IANS) United India Insurance Company plans to hire 21,000 agents and open 200 one-man offices in smaller cities and towns this fiscal to reach a gross premium ... Read more...

Posted in Business |

Insurers to discuss revision in health, motor insurance


July 3rd, 2012 - 4:46 pm ICT by IANS
Chennai, July 3 (IANS) A key panel on the non-life insurance sector will be meeting in Hyderabad Wednesday to discuss the issue of an upward revision in health and motor ... Read more...

Posted in Business |

Bharti AXA to infuse Rs.200 crore additional capital in 2012


March 5th, 2012 - 5:55 pm ICT by IANS
Kolkata, March 5 (IANS) Private sector insurer Bharti AXA General Insurance is looking at an additional Rs.200 crore capital infusion this calendar year to fund its expansion plans, a top ... Read more...

Posted in Business |

ICICI Lombard to hike diesel vehicles’ insurance premium


June 27th, 2011 - 10:12 pm ICT by IANS
Kolkata, June 27 (IANS) ICICI Lombard, a major private sector player in general insurance, will increase policy premium on diesel vehicles over petrol vehicles by up to 15 percent, a ... Read more...

Posted in Business |

Chola MS General targets Rs.1,400 crore premium in 2011-12


June 2nd, 2011 - 8:39 pm ICT by IANS
Chennai, June 2 (IANS) City based non-life insurer Cholamandalam MS General Insurance Company Ltd. is targeting a gross premium income of around Rs.1,400 crore this fiscal, a senior company official ... Read more...

Posted in Business |

Insurance fund for road accident victims facing deficit


December 11th, 2010 - 10:10 pm ICT by IANS
Chennai, Dec 11 (IANS) The system of paying third-party liability claims in road accidents out of a common premium pool is likely to continue in the future while the corpus is running ... Read more...

Posted in Business |

Bharti Axa hopeful of signing a bancassurance deal in 2011


November 30th, 2010 - 7:08 pm ICT by IANS
Chennai, Nov 30 (IANS) The Bangalore based private non-life insurer Bharti Axa General Insurance Company Ltd is planning to increase its presence in tier II and III cities next year and also ... Read more...

Posted in Business |

Skoda’s August sales up 24 percent, to launch new car


September 3rd, 2010 - 7:54 pm ICT by IANS
New Delhi, Sep 3 (IANS) Czech automobile major SkodaAuto Friday said its monthly sales in August grew by 24 percent to 1,511 vehicles and that it intends to launch its Sports ... 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 |

Shriram General posts underwriting profit


June 16th, 2010 - 9:43 pm ICT by IANS
Chennai, June 16 (IANS) At a time when non-life insurers say that motor insurance is a bleeding portfolio, Shriram General Insurance Company, which earns nearly 98 percent of its premium from selling ... Read more...

Posted in Business |

Murugappa group not to exit insurance business


May 6th, 2010 - 9:56 pm ICT by IANS
Chennai, May 6 (IANS) City-based Murugappa group has no plans to exit non-life insurance business transacted by Chola MS General Insurance Company, a top group official said Thursday. "We will continue with the ... Read more...

Posted in Business |

Chola MS targets Rs.800 crore premium


February 4th, 2010 - 8:58 pm ICT by IANS
Chennai, Feb 4 (IANS) City-based private non-life insurer Cholamandalam MS General Insurance (Chola MS) is hoping to close this fiscal with a premium income of Rs.800 crore as against Rs.685 crore earned ... Read more...

Posted in Business |

Bharti Axa to offer innovative motor policy


December 14th, 2009 - 2:38 pm ICT by IANS
Chennai, Dec 14 (IANS) Private non-life insurer Bharti Axa General Insurance Monday said it plans to offer an innovative car insurance policy under which customers will be paid the invoice value/cost of ... Read more...

Posted in Business |

Bharti Axa launches add-on covers for cars


December 10th, 2009 - 7:30 pm ICT by IANS
Chandigarh, Dec 10 (IANS) Private insurer Bharti Axa General Insurance Thursday launched enhanced protection covers for cars to boost its premium earnings from the motor vehicle portfolio. "Currently our overall motor insurance accounts ... Read more...

Posted in Business |

India’s insurance penetration lower than world average: Report


July 21st, 2009 - 9:36 pm ICT by IANS
New Delhi, July 21 (IANS) Despite achieving a healthy 16 percent annual growth rate, India's general insurance business accounts for just 0.6 percent of the gross domestic product (GDP), compared to the ... Read more...

Posted in Business |

11m Brits have had sex in their motors


June 13th, 2009 - 4:44 pm ICT by ANI
London, June 13 (ANI): Eleven million Britons have had sex in their motors, according to a new research.People living in the South West are the most likely to get their lovemaking into ... Read more...

Posted in World |

National Insurance chalking out Nano insurance scheme


March 25th, 2009 - 5:27 pm ICT by IANS
Kolkata, March 25 (IANS) State-owned non-life insurance company National Insurance, which tied up with Tata Motors two months ago, expects the comprehensive insurance premium for the auto major's small car Nano to ... Read more...

Posted in Business |

National Insurance foresees dip in motor insurance business


November 29th, 2008 - 11:45 pm ICT by IANS
Kolkata, Nov 29 (IANS) The state-run National Insurance Company is apprehensive of a 1-2 percent drop in its motor insurance business from the ongoing month due to the economic slowdown, a top ... Read more...

Posted in Uncategorized |

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