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Public Sector Insurance Companies' Pandemic Period Losses Fell Against Pre-Pandemic Era
Profitability of state-owned insurance entities showed an improvement of Rs 4,101.34 crore during the initial one and a half fiscal year Covid period
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State-Owned Insurance Companies May See Up To Rs 5,000 Crore Capital Infusion
Government may infuse Rs 3,000-5,000 crore additional capital in the three public sector general insurance companies based on their performance
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Lok Sabha Passes Bill To Privatise Insurance Companies
The bill is aimed at generating required resources from the Indian markets so that public sector general insurers can design innovative products.
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Government Approves Rs 12,450 Crore Capital Infusion In 3 State-Run General Insurers
The National Insurance Company, Oriental Insurance Company and United Insurance Company will get the additional capital, Union Minister Prakash Javadekar said.
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Centre's Merger Plan For General Insurance Firms Hits Roadblock: Report
In 2017-18, the centre had listed National Insurance and General Insurance Company, divesting 11.65 per cent and 12.5 per cent stakes respectively.
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Paramount Airways Corruption Case: CBI Pulled Up For Clean Chit To Bankers
The CBI has been pulled up by a special court for giving 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.
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OICL AO Admit Card 2017: Download Now For Phase 1 Exam @ Orientalinsurance.org.in
The Oriental Insurance Company Ltd (OICL) published the admit cards or calls letter for the administrative officers scale I phase 1 examination 2017.
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OICL Announces Online Recruitment Process For 300 Administrative Officer Posts
The last date for online registration is 15 September 2017.
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Government May Name Advisers For $1.6 Billion Stake Sale In Insurers Soon
In its budget published on Wednesday, the Indian government said it would sell unspecified stakes in New India Assurance Co Ltd, United India Insurance Co Ltd, Oriental Insurance Co Ltd, National Insurance Co Ltd, and reinsurer General Insurance Corp of India in the financial year starting in April.
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Government Looks To Raise Rs 11,000 Crore From Listing Of Insurers
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi, gave nod to listing five government-owned general insurance companies.
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Government Gives Nod For Listing 5 General Insurance PSUs
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi gave 'in principle' nod for listing five government owned General Insurance Companies.
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Non-Life Insurance Premium Soars 86% In September
Of the total premium underwritten by non-life insurance companies during the month, public insurers garnered Rs 9,164.10 crore while private players took a combined Rs 5,785.90 crore, data from Irdai showed.
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Oriental Bank of Commerce to Raise Rs 178 Crore
Oriental Bank of Commerce on Saturday said it will raise over Rs 178 crore by issuing shares to LIC (Life Insurance Corporation) on a preferential basis.
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Shareholders Take Up HSBC Insurance's Stake-Raising Plan
Shareholders of Canara HSBC Oriental Bank of Commerce Life Insurance Company, a life insurance JV, are discussing HSBC Insurance's plan to raise its stake to 49 per cent from the current 26 per cent.
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Union Minister Jitendra Singh Announces Rs 1500 Crore Nuclear Insurance Pool
The government has launched an insurance pool to the tune of Rs 1,500 crore which is mandatory under the Civil Liability for Nuclear Damage Act (CLND) in a bid to offset financial burden of foreign nuclear suppliers.
-
Public Sector Insurance Companies' Pandemic Period Losses Fell Against Pre-Pandemic Era
Profitability of state-owned insurance entities showed an improvement of Rs 4,101.34 crore during the initial one and a half fiscal year Covid period
-
State-Owned Insurance Companies May See Up To Rs 5,000 Crore Capital Infusion
Government may infuse Rs 3,000-5,000 crore additional capital in the three public sector general insurance companies based on their performance
-
Lok Sabha Passes Bill To Privatise Insurance Companies
The bill is aimed at generating required resources from the Indian markets so that public sector general insurers can design innovative products.
-
Government Approves Rs 12,450 Crore Capital Infusion In 3 State-Run General Insurers
The National Insurance Company, Oriental Insurance Company and United Insurance Company will get the additional capital, Union Minister Prakash Javadekar said.
-
Centre's Merger Plan For General Insurance Firms Hits Roadblock: Report
In 2017-18, the centre had listed National Insurance and General Insurance Company, divesting 11.65 per cent and 12.5 per cent stakes respectively.
-
Paramount Airways Corruption Case: CBI Pulled Up For Clean Chit To Bankers
The CBI has been pulled up by a special court for giving 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.
-
OICL AO Admit Card 2017: Download Now For Phase 1 Exam @ Orientalinsurance.org.in
The Oriental Insurance Company Ltd (OICL) published the admit cards or calls letter for the administrative officers scale I phase 1 examination 2017.
-
OICL Announces Online Recruitment Process For 300 Administrative Officer Posts
The last date for online registration is 15 September 2017.
-
Government May Name Advisers For $1.6 Billion Stake Sale In Insurers Soon
In its budget published on Wednesday, the Indian government said it would sell unspecified stakes in New India Assurance Co Ltd, United India Insurance Co Ltd, Oriental Insurance Co Ltd, National Insurance Co Ltd, and reinsurer General Insurance Corp of India in the financial year starting in April.
-
Government Looks To Raise Rs 11,000 Crore From Listing Of Insurers
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi, gave nod to listing five government-owned general insurance companies.
-
Government Gives Nod For Listing 5 General Insurance PSUs
The Cabinet Committee on Economic Affairs, headed by Prime Minister Narendra Modi gave 'in principle' nod for listing five government owned General Insurance Companies.
-
Non-Life Insurance Premium Soars 86% In September
Of the total premium underwritten by non-life insurance companies during the month, public insurers garnered Rs 9,164.10 crore while private players took a combined Rs 5,785.90 crore, data from Irdai showed.
-
Oriental Bank of Commerce to Raise Rs 178 Crore
Oriental Bank of Commerce on Saturday said it will raise over Rs 178 crore by issuing shares to LIC (Life Insurance Corporation) on a preferential basis.
-
Shareholders Take Up HSBC Insurance's Stake-Raising Plan
Shareholders of Canara HSBC Oriental Bank of Commerce Life Insurance Company, a life insurance JV, are discussing HSBC Insurance's plan to raise its stake to 49 per cent from the current 26 per cent.
-
Union Minister Jitendra Singh Announces Rs 1500 Crore Nuclear Insurance Pool
The government has launched an insurance pool to the tune of Rs 1,500 crore which is mandatory under the Civil Liability for Nuclear Damage Act (CLND) in a bid to offset financial burden of foreign nuclear suppliers.
