Sentences with phrase «sector general insurance»

ICICI Lombard General Insurance, India's largest private sector general insurance company, has launched a new travel insurance product International Travel Insurance.

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..

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.

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.

This company is a public sector general insurance provider.

ICICI Lombard General Insurance Company Ltd., the country's largest private sector General Insurance Company offers customers Zero Depreciation Add - on and Consumable items Add — on, unique add on covers for Motor Insurance.

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.

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.

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?

«Though meant for the Declined Risk Pool, it make us go for a higher provisioning now onwards,» said the CEO of private sector general insurance company.

Mediclaim policy is a hospitalization benefit that is offered by both public and private sector general insurance companies in India.

Royal Sundaram Car Insurance by Royal Sundaram, a renowned name in the Indian insurance industry and the first private sector general insurance company providing customized insurance solutions to meet divergent needs of the individual, family, business.

«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

Private sector general insurance companies are once again going back to retail as they face severe pricing pressure and concentration of risk in the corporate business segment.

The new private sector general insurance companies have proved the potential of the Indian market.

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

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.

Not exact matches

The underfire general insurance sector has admitted it has begun to avoid covering risky properties in northern Australia.

Despite this, Citi's review of the general insurance sector placed QBE's main competitors Suncorp and IAG at the «top of the pecking order».

DFS, an executive regulatory agency created at Cuomo's suggestion through the 2011 merger of the old state Insurance and Banking departments, is currently required to refer potential violations of the laws covering those sectors to the attorney general, an appropriate agency or district attorney.

Much of the Vermont insurance sector isn't sold to the general public.

Related news story: Vision for Ste - Anne - de-Bellevue's northern sector comes into focus; Montreal Gazette Jan. 10 — Quebec — Éconolodge Aéroport v. Lombard General Insurance Company of Canada Insurance law: Éconolodge Aéroport hotel offered a park - and - fly service that included parking for guests» cars while they were out of the country.

With the firm since joining from Nsubuga & Company Advocates in 2012, Kalule works on banking, insurance and competition disputes, and has acted as a deputy judge at the Commercial Court of Uganda, while Gantungo, a former state attorney in the Ministry of Justice and Constitutional Affairs and the chambers of the attorney general, handles corporate matters and some disputes in the energy, oil and gas, mining, mergers and acquisitions (M&A) and taxation sectors.

The firm has a strong track record in major distribution deals, M&A work and complex regulatory issues, and has retained a strong client base in the general insurance, life and pensions, savings and investments and health sectors.

More importantly, the industry will have to think hard about how to align these developments which are specific to the insurance sector to other broader regulatory changes, such as the new general data protection regulation, the market abuse regime and the changes to the anti-money laundering framework, as well as keeping abreast with parallel guidance, technical standards, and similar pronouncements being issued by the local and European regulators.

«AMAG has an excellent long - term track record in the Indonesian general insurance sector, a well - diversified sales channel with Panin Bank and this is a great opportunity for us to continue to expand our operations in the region.»

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