Sentences with phrase «public sector general»

There are four public sector general insurance companies — New India Assurance Company Ltd, National Insurance Company Ltd, Oriental Insurance Co Ltd, United India Insurance Co Ltd..

Public sector general insurer United India Insurance has said it is looking to re-enter the overseas markets and will soon carry out a feasibility study to assess the business potential.

GIPSA is an association of all four public sector general insurance companies — National Insurance Company, New India Assurance Company, Oriental Insurance Company and United India Insurance Company.

The five firms that will be listed include four public sector general insurance companies — New India Assurance Company Ltd, National Insurance Company Ltd, Oriental Insurance Co Ltd, United India Insurance Co Ltd and one re-insurance firm GIC.

The merger of the three public sector general insurance companies — National Insurance Company (NIC), United India Insurance and Oriental Insurance Company — is likely to be completed before the end of the next financial year.

The four public sector general insurance companies will seek the Union finance ministrys permission to pitch for the personal accident benefit insurance business that would be offered by Indian

In the 2018 - 19 Budget, Finance Minister Arun Jaitley proposed merging three public sector general insurance companies — National Insurance Co Ltd, United India Insurance Co Ltd and Oriental India Insurance Co Ltd — into a single insurance entity.

Four public sector general insurers, namely New India Assurance, United India Insurance, National Insurance and Oriental Insurance have begun recruiting to appoint 1,500 officials and 5,000 clerks during the current financial year, industry sources said here on Monday.

In terms of market share, public sector general insurers held 45.07 percent share while private general insurers held 43.41 percent share.

Public sector general insurer United India Insurance Company is hopeful of achieving 15 per cent growth in its premium income to Rs 6,000 crore this financial year on the back of sound growth from all verticals of the company.

Profit making ability of the public sector general insurance companies has also increased in 2013 - 14.

Oriental India Insurance Company, National Insurance Company, and United India Insurance Company are three public sector general insurance companies....

The three public sector general insurance companies have spread their network through the length and breadth of the country.

The merger of these three public sector general insurance companies will lead to higher withholding capacity.

Public sector general insurance companies along with their public sector counterparts are getting ready to bid aggressively for Air India»... read more

The policies are provided by 11 insurance companies, including all public sector general insurance companies in India.

Incorporated in August 14, 2013 for handling claims of health insurance of the state - owned insurers, the common in - house Third Party Administrator (TPA) of the public sector general insurers - Health Insurance TPA of India will be operationalized completely by November only.

This company is a public sector general insurance provider.

Three public sector general insurers such as The Oriental Insurance Co. Ltd, United India Insurance -LSB-...]

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 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 last week.

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...

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 segment's woes.

The government today said there is no plan to list public sector general insurance companies on the stock exchanges.

Four public sector general insurers, namely New India Assurance, United India Insurance, National Insurance and Oriental Insurance have begun recruiting to appoint 1,500 officials and 5,000 clerks during the current financial year, industry sources...

The public sector general insurer, New India Assurance Company Ltd, on Saturday said it has posted a net profit of Rs 617.28 crore for the quarter ended December 31, 2017.

What is more, four public sector general insurance firms — Oriental Insurance, New India Assurance, National Insurance and United Insurance — stopped their mediclaim cashless facility at about 150 top hospitals in select cities, including Delhi and Mumbai, alleging over-charging by these hospitals.

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.

Despite huge investments, public sector general insurance companies are facing a high claim ratio, falling profitability and poor solvency ratios.

This has sparked off a debate within the four public sector general insurance companies — New India Assurance, Oriental Insurance, National Insurance and United India Insurance.

«Three public sector general insurance companies - National Insurance Co Ltd, United India Assurance Co Ltd and Oriental India Insurance Company - will be merged into a single insurance company and be subsequently listed,» he said while presenting the Budget 2018 - 19 in Parliament today.

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 surgeries.

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 strategies.

In the 2018 - 19 Budget, FM Jaitley proposed merging three public sector general insurance companies into one single insurance...

What are your views on the merger of the three public sector general insurance firms?

Bajaj Allianz General Insurance along with two other public sector general insurers recently awarded the contract to offer crop insurance to the farmers under the Pradhan Mantri Fasal Bima Yojna.

«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.

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

«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.

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 are joining

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

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.

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 September.

Union Finance Minister, Arun Jaitley, on Thursday said that the government will merge the three public sector general insurance companies - National Insurance Company (NIC), United India Assurance and Oriental India Insurance Company into a single entity.

Teachers have called for a 24 - hour public sector general strike against cuts to children's services in England.

Aimed at improving the health standards of people at or below the poverty line, four of the public sector general insurers implemented UHIS in India.

Not exact matches

This gets back to the New York Times column I cited yesterday, which disparaged business efforts to address what have traditionally been public sector issues — like fixing the health care system, exploring space, or providing general education and training.

Another consideration with the $ 8 billion figure is that although the Auditor General has included the cost of long - term maintenance, this assumes the public sector does not defer repairs.

But introducing them as a general option for the wider federal public sector — which will affect many of our members working in airports and Crown Corporations — is the proverbial thin edge of the wedge.

However, in light of recent high - profile food scandals — such as exploding watermelons and melamine - tainted infant formula — there is understandably a lot of public opposition and mistrust towards «freaky» GM foods and China's agri - chem / agricultural technology sectors in general.