Kerala floods: Insurance companies expect claims likely to be upwards of Rs 1,000 cr
• 7 years agoInsurance 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
• 7 years agoNational 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
Fp Staff • 7 years agoFinance ministry will be holding a performance review meeting of general insurers - National Insurance, United India Insurance & Oriental India Insurance
Three public sector general insurance companies to meet on Friday to discuss merger
• 7 years agoThe three public sector general insurance companies will be meeting on 16 February to deliberate on the proposed merger plan, a top official of United India Insurance said
Five state-owned general insurance cos get government nod to raise funds via capital market route
• 8 years agoThe Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi gave 'in principle' nod for listing five government owned General Insurance Companies -- New India Assurance Company, United India Insurance, Oriental Insurance Company, National Insurance Company and General Insurance Corporation of India