Sentences with phrase «private general insurers»

Agriculture Insurance Company of India Ltd (AIC) takes care of farm - related insurance needs while Export Credit Guarantee Corporation of India (ECGC) is meant for export credit insurance support for Indian exporters.For private general insurers, gross premium grew 25 % to Rs 5,651.70 crore in August, from Rs 4,523.8 crore in the same month a year earlier.
In terms of market share, public sector general insurers held 45.07 percent share while private general insurers held 43.41 percent share.
This means the claims incurred are more than the premiums paid for such private general insurers.
Private general insurers provide cover to best exporter and the best buyer, where the risk of default is less
Public general insurers and private general insurers seek hike in TP premiums for 2015 - 16 to make up for losses
Private general insurer Bajaj Allianz General Insurance has launched a health insurance plan called the Surgical Protection Plan that provides insurance cover for only surgical treatments.
On this issue, an official from a private general insurer said that unless auto sales show some improvement, the loss ratio in these segments will rise in the future, but added that the second half is likely to witness better growth.
Claim size of mediclaim policies has been growing every year, according to data of past three years compiled by private general insurer ICICI Lombard.
This process is likely to increase the purchase of travel insurance in India, according to the underwriting head at a private general insurer.
An official of private general insurer said that they had approached Insurance Regulatory and Development Authority (IRDA) for increasing the travel insurance premium because of the rupee depreciation, as quoted by the resources.
Taxi - hailing application, Ola, has partnered with private general insurer Bajaj Allianz General Insurance to provide motor insurance solutions to its driver partners.
Bajaj Allianz General Insurance, the private general insurer, has launched DriveSmart Lite a free value - added service for all private car policy holders.
Private general insurer Bajaj Allianz General Insurance, today announced the launch of an All Women Branch at their headquarters in Pune.
Private general insurer Bajaj Allianz hopes to grow better than the industry average, which is likely to grow around 15 % in this fiscal amid slowdown, a top official has said.
Private general insurer Bajaj Allianz General Insurance has launched a USB - based telematics device to monitor car usage and driver behaviour, which is the first such product in the sector.

Not exact matches

The chances that you'll be able to do better than the monthly payments offered by your employer are low — a 2015 General Accounting Office on pensions and lump sums found that the payouts on company pensions are generally much more generous than those offered by private insurers — but it doesn't hurt to check.
As the provision of healthcare fragments away from its traditional delivery models, more and more claims activity will affect commercial entities, private clinics, hospitals, general healthcare providers — and their insurers.
In a segment which is equally divided between public sector undertakings and private insurers, it competes with general and life insurance companies and standalone health insurers like Star Health and Allied Insurance and Max Bupa.
Private sector general insurers are more upbeat than life insurers.
Private sector general insurer SBI General Insurance was able to control losses in its third year of operations, and has 208 % premium growth for the financial year 201general insurer SBI General Insurance was able to control losses in its third year of operations, and has 208 % premium growth for the financial year 201General Insurance was able to control losses in its third year of operations, and has 208 % premium growth for the financial year 2012 - 13.
Since then, 22 of the 23 private life insurers have tied up with overseas partners, while most of the 24 private sector general insurers have foreign equity.
ICICI Lombard General Insurance Co Ltd, India's top private sector non-life insurer, fell as much as 3.4 per cent in its market debut on Wednesday, after its initial public offering last week raised $ 871 million.
«Oriental Insurance Company, United India Insurance, New India Assurance and National Insurance Company are the four government - owned general insurers providing the cover along with a private insurer,» the official said, adding the annual premium would be around Rs 40 lakh.
Private sector insurer ICICI Lombard General Insurance has seen almost 39 % growth in top - line as per their results for the first six months
Private sector general insurer HDFC ERGO which plans to better industry growth this fiscal says retail health premium revision should be automatic.
Its members represent more than 90 per cent of total premium income written by private sector general insurers.
General insurers told Business Standard the reduction in premium rates would motivate customers, especially private car and motorcycle owners
Private sector general insurer ICICI Lombard is upgrading use of forensic methods to detect fraud in claims by companies, in the...
The premium income of the general insurance industry, comprising 21 private and four public sector insurers, stood at Rs 27,942 crore in the first five months of the current fiscal, 18 per cent higher than Rs 23,748 crore in the corresponding period last year.
Chiefs of four public - sector general insurers met representatives of private hospitals today to settle the latest row on withdrawal of cashless facility on mediclaim policies....
HDFC Ergo has acquired L&T General Insurance business and is now the third - largest private sector insurer in the Rs1.5 lakh crore industry.
For private passenger automobiles, the «base rate» in a territory will, in general, be the insurer's rate for the adult pleasure - use classification, before application of surcharges under a merit rating plan, but after adjustment for the limits of coverage purchased by the insured and any applicable discounts (e.g., multi-car discount).
Consumers can also enjoy waiver of deductibles that allows them to migrate to «general insurer's full - fledged indemnity - based health insurance plan» in the private sector.
In comparison, general private insurers by all indications are to be hit only marginally.
This move of the regulator will ensure that general insurers hike prices in the group health insurance segment according to a senior official at a private general insurance company.
CEO of a private general insurance company said that with more than two insurers offering cover for different divisions at the same airport, insurers will be able to expand their services.
In the general insurance segment, the solvency ratio for the public insurers remains stronger as compared to the private players.
The private sector general insurers (excluding standalone health insurers) saw a higher rate of growth at 21.6 percent compared to the four public general insurers» growth of 13 percent.
Out of 30 General insurers 4 are public insurance companies, 6 standalone Health Insurers, 18 mainstream private general insurance companies and remaining 2specialized insurers focusing on Export Credit and Agriculture Insurance specifGeneral insurers 4 are public insurance companies, 6 standalone Health Insurers, 18 mainstream private general insurance companies and remaining 2specialized insurers focusing on Export Credit and Agriculture Insurance speciinsurers 4 are public insurance companies, 6 standalone Health Insurers, 18 mainstream private general insurance companies and remaining 2specialized insurers focusing on Export Credit and Agriculture Insurance speciInsurers, 18 mainstream private general insurance companies and remaining 2specialized insurers focusing on Export Credit and Agriculture Insurance specifgeneral insurance companies and remaining 2specialized insurers focusing on Export Credit and Agriculture Insurance speciinsurers focusing on Export Credit and Agriculture Insurance specifically.
Other private - sector general insurers that were the losers include Royal Sundaram, Tata AIG, Universal Sompo and Shriram Ggeneral insurers that were the losers include Royal Sundaram, Tata AIG, Universal Sompo and Shriram GeneralGeneral.
Some of the private sector non-life insurers, who gained market share during the year include Bajaj Allianz, HDFC Ergo, SBI General, Reliance General and Bharti Axa.
Private sector general insurers gained their combined market share to 44 % in FY14 despite the depressed economic scenario, at the cost of the state - owned insurers, show the data from the regulator IRDA.
Private non-life insurer Bajaj Allianz General Insurance has reported a 28 per cent increase in net profit at Rs 145 crore for the quarter ended September 30, compared to the year - ago period.
Apart from average rise of 38.8 per cent in insurance premiums for private cars proposed by Irda, general insurers have also sought an additional raise in third - party motor premiums.
Private sector general insurer HDFC Ergo is likely to see a capital infusion of around Rs 80 crore in the next one - and - a-half years to support business growth.
Public general insurers have 54.54 per cent market share while private players capture 45.46 per cent upto September
To provide insurance cover to the people in the lower socio - economic strata, the private sector general insurer ICICI Lombard plans to expand the coverage of «Swayam Shakti Suraksha»
Private sector insurer Bajaj Allianz General Insurance hopes to close the current fiscal with a gross premium of Rs 4,000 crore.
* Working as Chief Manager - Corporate Risk & Insurance Solution (Business Development & Client Servicing) in Employee Benefits vertical of Howden Insurance Brokers India Private Limited, a leading UK based insurance broker * Expert in structuring policies of different insurance line and negotiating coverage and premium with both general and life insurers * Excellent Client Management skills with expertise in building strong relationships and networking.
a b c d e f g h i j k l m n o p q r s t u v w x y z