Public listing of Life Insurance Corporation of India on cards; dilution to happen with sale of small tranche, says report
The process is in the early stage and has been discussed within the government, sources were quoted as saying in media reports
In 2017, state-owned New India Assurance Company and General Insurance Corporation of India were listed on the bourses.
Govt likely to target about $11 billion from state asset sales in 2019-20 fiscal year; Arun Jaitley may make announcement in Budget
The target, which is the same as for the current financial year, includes proceeds from the expected privatisation of loss-making national carrier Air India
Insurance companies expect claims in flood-ravaged Kerala to cross Rs 1,000 crore as the government declares the deluge as 'calamity of severe nature'.
Kerala floods: PSU general insurance firms to fast-track claims settlements; meeting to be held tomorrow to align guidelines
National Insurance, New India Assurance, Oriental Insurance and United India Insurance have systems in place and are fully geared to receive claim intimations and ensure smooth and expeditious settlements, the four state-owned firms said a joint statement.
Finance ministry to review performance of state-run insurers; meeting to pave way for proposed merger
Finance ministry will be holding a performance review meeting of general insurers - National Insurance, United India Insurance & Oriental India Insurance