Sentences with phrase «of public sector insurance companies»

The market share of public sector insurance companies fell from 57 per cent in 2010 to 50 per cent in the first half of 2016 - 17, according to ICRA.

We may use that in future,» a chairman of one of the public sector insurance companies said here.

While tax officials have also checked the records of the public sector insurance companies, since they also sell motor policies, a government source said it was for purposes of corroboration only.

The Central government has effected a top - level reshuffle among the CMDs of public sector insurance companies

The Central government has effected a top - level reshuffle among the CMDs of public sector insurance companies on Thursday.

Not exact matches

One hot topic in public health funding, he said, is the idea of working with the private insurance and reinsurance sectors to begin insuring against pandemics in the same way that these companies insure against natural disasters such as hurricanes.

For corporate legal departments, law firms, insurance companies, legal organizations and public sector agencies, our software offers the ability to manage an unlimited number of cases and matters, more easily...

Conducted an internal investigation on behalf of a Government regulator into alleged insider dealing activities, fraud and breaches of corporate governance codes for a public company in the insurance and financial services sector.

We support them in the development of their online and digital commerce activities and work with supply - side providers to banking, insurance, media, professional services, retail and travel companies as well as to the public sector.

He works with organizations operating in both the private and public sectors, including insurance carriers, third party administrators, self - insured companies, municipalities and boards of education.

The said step of designating Insurance partner has been taken for the first time by the Department of Sports and is a part of its plan in seeking support from companies both in Private and Public sector under their CSR initiatives for sports.

The employees of public sector general insurance companies and Life Insurance Corporation (LIC) are set to get a 17.5 per cent wage hike with the government nod to this effect likely in Sinsurance companies and Life Insurance Corporation (LIC) are set to get a 17.5 per cent wage hike with the government nod to this effect likely in SInsurance Corporation (LIC) are set to get a 17.5 per cent wage hike with the government nod to this effect likely in September.

Not just public sector insurance companies or banks, a number of private sector banks and insurance companies will also offer these services,» Adhiya added.

Public sector general insurer, Oriental Insurance Company Limited, has resorted to premium loading apart from reduced brokerage to discourage the sale of mediclaim policies to older people.

Several public sector banks have shown their reluctance in adopting this model because of the existing RBI guidelines and also because they have entered into an exclusive tie - up with one insurance company.

At a meeting of private hospitals and public sector insurance companies last Friday, both the parties had agreed to restore the cashless treatment facility under the mediclaim policy within 10 days.

About 70,000 employees of public sector General Insurance Companies would go on a one - day strike on December 21 in protest against the proposed increase in foreign direct investment cap, outsourcing

Air India's lucrative $ 8.9 billion insurance cover contract has kicked off a battle between private insurance companies and a public sector consortium led by The New India Assurance Company Ltd, with the latter writing to the airline to complain that tender contract norms have not been adhered to and were relaxed to the disadvantage of two bidders.

Public sector companies earned a premium of Rs 9,812.27 crore in September, up 7 per cent compared to Rs 9,163.48 crore in the same month last year, the data released by Insurance Regulatory and Development Authority of India (Irdai) today showed.

From July 1, public sector insurance companies had suspended about 150 hospitals from their list of Preferred Provider Network healthcare companies which provide cashless hospitalisation services to policy holders under the mediclaim scheme.

Life Insurance Corporation of India (LIC) and the four public sector general insurance companies New India Assurance, United India Insurance, Oriental Insurance and National Insurance arInsurance Corporation of India (LIC) and the four public sector general insurance companies New India Assurance, United India Insurance, Oriental Insurance and National Insurance arinsurance companies New India Assurance, United India Insurance, Oriental Insurance and National Insurance arInsurance, Oriental Insurance and National Insurance arInsurance and National Insurance arInsurance are joining

«A consortium of general insurance companies has given a cover for the cricketer's home in Bandra for a value consideration of Rs 100 crore,» an official of a public sector general insurance company, who did not wish to be named, said.

Public sector insurance companies and large hospitals will finalise a uniform rate structure for cashless treatment scheme within a week, said chairman of a state - owned insurer.

Public sector general insurance companies are pressing hard for a quicker disposal of third party motor insurance claims, which could spell an outgo of around Rs 10,000 crore as more than 11 lakh

«The public sector general insurance companies have not, I am emphasising on, have not revised or withdrawn the facility of cashless treatment,» Mukherjee said in the Lok Sabha.

The chairman of the Star Health Insurance Mr. Jagannathan who has served as Managing Director of India's in the largest public sector insurance company, with 40 years of experience says, that it is essential to raise the investment limits as insurance is a capital intensive business with a longer waiting time of six to seven years for tuInsurance Mr. Jagannathan who has served as Managing Director of India's in the largest public sector insurance company, with 40 years of experience says, that it is essential to raise the investment limits as insurance is a capital intensive business with a longer waiting time of six to seven years for tuinsurance company, with 40 years of experience says, that it is essential to raise the investment limits as insurance is a capital intensive business with a longer waiting time of six to seven years for tuinsurance is a capital intensive business with a longer waiting time of six to seven years for turnaround.

One of the foremost private - sector insurers, Star Health and Allied Insurance Company recently had a tie - up with two major public sector banks.

The employees of 5 public sector insurance companies including Oriental General Insurance have got the wage hike of 13.5 % with retroactive affect from Auginsurance companies including Oriental General Insurance have got the wage hike of 13.5 % with retroactive affect from AugInsurance have got the wage hike of 13.5 % with retroactive affect from August 2012.

Headquartered in Mumbai, IndiaFirst is one of India's youngest life insurance companies promoted by two large public sector banks - Ban... read more

Due to the implementation of new taxes on insurance policies, premium prices have increased considerably, but still if you compare policies from both public and private sector insurance companies operating in the country, it is still very much possible to find a deal that is both profitable and suitable for your requirements.

Four public sector insurance companies, including Life Insurance Corporation of India, have also submitted that the matter is under active consideration and a decision in this regard would be tainsurance companies, including Life Insurance Corporation of India, have also submitted that the matter is under active consideration and a decision in this regard would be taInsurance Corporation of India, have also submitted that the matter is under active consideration and a decision in this regard would be taken soon.

However, now with the government proposing the merger of three public sector general insurance companies --- Oriental Insurance, National Insurance and United India Assurance — National Insurance will now have to re-prioritise its stinsurance companies --- Oriental Insurance, National Insurance and United India Assurance — National Insurance will now have to re-prioritise its stInsurance, National Insurance and United India Assurance — National Insurance will now have to re-prioritise its stInsurance and United India Assurance — National Insurance will now have to re-prioritise its stInsurance will now have to re-prioritise its strategies.

To rein in costs and abuse of insurance policies by hospitals, four public sector general insurers — National Insurance, New India Assurance, United India and Oriental Insurance Company — have prescribed rates for a number of sinsurance policies by hospitals, four public sector general insurers — National Insurance, New India Assurance, United India and Oriental Insurance Company — have prescribed rates for a number of sInsurance, New India Assurance, United India and Oriental Insurance Company — have prescribed rates for a number of sInsurance Company — have prescribed rates for a number of surgeries.

The public sector insurance companies had to resort to rationalisation of rates for cashless facilities as they suffered a loss of Rs 2,000 crore because of overcharging by hospitals in Mumbai, Delhi, Chennai and Bangalore.

Even as Ministry of Finance (MoF) has clarified that there is no move to bifurcate the posts of CMDs in the public sector general insurance companies.

According to the CBI charge sheet, Paramount Airways Pvt Ltd (PAPL), its managing director M Thiagrajan, then CMD of Oriental Insurance Company Ltd (OICL) M Ramadoss, and three other officers were accused of causing wrongful loss to five public sector banks and the insurance company, against which claims of Rs 442 crore were raised due to payment defaults by theInsurance Company Ltd (OICL) M Ramadoss, and three other officers were accused of causing wrongful loss to five public sector banks and the insurance company, against which claims of Rs 442 crore were raised due to payment defaults by the aCompany Ltd (OICL) M Ramadoss, and three other officers were accused of causing wrongful loss to five public sector banks and the insurance company, against which claims of Rs 442 crore were raised due to payment defaults by theinsurance company, against which claims of Rs 442 crore were raised due to payment defaults by the acompany, against which claims of Rs 442 crore were raised due to payment defaults by the airline.

Close on the heels of the finance ministry's warning to public sector general insurance companies for huge underwriting losses and their dependence on investment income for profits, a report co-authored by a former Member of the Insurance Regulatory and Development Authority of India (IRDAI) has blamed the regulatory framework and support system which tend to «over-regulate», high cost of compliance and less «development oriented» policies for the segmeninsurance companies for huge underwriting losses and their dependence on investment income for profits, a report co-authored by a former Member of the Insurance Regulatory and Development Authority of India (IRDAI) has blamed the regulatory framework and support system which tend to «over-regulate», high cost of compliance and less «development oriented» policies for the segmenInsurance Regulatory and Development Authority of India (IRDAI) has blamed the regulatory framework and support system which tend to «over-regulate», high cost of compliance and less «development oriented» policies for the segment's woes.

HDFC Standard Life Insurance Company's Rs 8,700 - crore initial public offering (IPO)-- the largest by a private sector firm in nearly a decade — was subscribed five times on Thursday, the last day of the offering.

The CBI has been pulled up by a special court for giving a clean chit to some bank officials in a case involving Paramount Airways Pvt Ltd and a former CMD of Oriental Insurance Company Ltd for allegedly causing loss of about Rs 442 crore to five public sector banks.

The Competition Commission of India (CCI) is probing alleged unfair business practices of public sector general insurance companies, following a complaint filed against them.The investigation follows a complaint filed by Association of Third Party...

The government is now in a position to dilute its equity stake by up to 49 per cent in five public sector general insurance companies following the promulgation of the Insurance Laws (Amendment) Ordinance, 2014 by the President linsurance companies following the promulgation of the Insurance Laws (Amendment) Ordinance, 2014 by the President lInsurance Laws (Amendment) Ordinance, 2014 by the President last week.

Sinha was responding to queries on whether cases of alleged unfair business practices with regard to third party administrators by public sector general insurance companies have come to the notice of the government.

The company provides a full range of insurance and financial services, including auto, commercial, homeowners, farm and life insurance; public and private sector retirement plans, annuities and mutual funds; banking and mortgages; excess & surplus, specialty and surety; pet, motorcycle and boat insurance.

New India Assurance is one of the best car insurance companies in India from public sector.

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited was launched in June 2008 and is jointly owned by two of India's largest public sector banks — Canara Bank (holding 51 %) and Oriental Bank of Commerce (23 %)-- and HSBC Insurance (Asia Pacific) Holdings Limited (26 %), the Asian insurance arm of one of the world's largest banking and financial services groups &mdaInsurance Company Limited was launched in June 2008 and is jointly owned by two of India's largest public sector banks — Canara Bank (holding 51 %) and Oriental Bank of Commerce (23 %)-- and HSBC Insurance (Asia Pacific) Holdings Limited (26 %), the Asian insurance arm of one of the world's largest banking and financial services groups &mdaInsurance (Asia Pacific) Holdings Limited (26 %), the Asian insurance arm of one of the world's largest banking and financial services groups &mdainsurance arm of one of the world's largest banking and financial services groups — HSBC.

The entity is being started as a joint venture of the following public sector non-life insurance companies: General Insurance Corporation of India, National Insurance Company, United Insurance Company, Oriental Insurance Company and New India Assuranceinsurance companies: General Insurance Corporation of India, National Insurance Company, United Insurance Company, Oriental Insurance Company and New India AssuranceInsurance Corporation of India, National Insurance Company, United Insurance Company, Oriental Insurance Company and New India AssuranceInsurance Company, United Insurance Company, Oriental Insurance Company and New India AssuranceInsurance Company, Oriental Insurance Company and New India AssuranceInsurance Company and New India Assurance Company.

Many of these are joint ventures between public / private sector banks and national / international insurance - financial companies.

National Insurance Company Limited (India), a leading Kolkata - based public insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insurancInsurance Company Limited (India), a leading Kolkata - based public insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insurance Company Limited (India), a leading Kolkata - based public insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insurancinsurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insurance company in India, has received stable ratings of B + + (Good) for financial strength rating and bbb + issuer credit rating from A.M. Best, a globally recognized ratings company focused on the insurance company focused on the insuranceinsurance sector.

The two Indian public sector bank, Bank of Baroda and Andhra Bank went into a joint venture with U.K based investment firm Legal and General and has launched India First Life Insurance Company.

The Health Insurance TPA of India Ltd, structured by public sector non-life insurance companies to handle their health claims, is ready toInsurance TPA of India Ltd, structured by public sector non-life insurance companies to handle their health claims, is ready toinsurance companies to handle their health claims, is ready to go live.