by newsworm | Mar 11, 2025 | Insurance, United India Insurance
Here is a summary of the content in 400 words: The Madras High Court has quashed a notice issued by the Chennai Metro Rail Limited (CMRL) to the United India Insurance Company Limited, a public sector unit, to show cause why its property of 837 square meters should... by newsworm | Mar 11, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) has reported a significant surge in group and individual premiums for the first 11 months of FY25. According to industry data, the corporation’s total premium collection stood at 1.90 lakh crore, a 1.90% increase... by newsworm | Mar 11, 2025 | Aviva Life Insurance, Insurance
Protesters from Palestine Action have targeted the Manchester office of Aviva, an insurance company, by occupying the entrance and causing minor damage. The protest began at 7am on March 11, 2023, and some protesters even climbed on top of the revolving doors and hung... by newsworm | Mar 11, 2025 | Insurance, Niva Bupa
A widow and her son, Santosh and Sandeepan Sudhersan Sharma, have won a case against Niva Bupa Health Insurance and Karur Vysya Bank in the Chennai North District Consumer Disputes Redressal Commission. The commission ordered the companies to pay the family a... by newsworm | Mar 11, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) has reported a significant surge in its premium collections and policy sales during the first 11 months of FY25. According to the latest industry data, LIC’s group yearly renewable premiums rose by 28.29% to Rs 1.90... by newsworm | Mar 11, 2025 | Insurance
Private equity firm ChrysCapital has resumed talks to acquire Theobroma Foods, a bakery chain in India, at a lower valuation of around Rs 1,800 crore (approximately $206 million). The acquisition process had stalled earlier due to the company’s weak financial... by newsworm | Mar 11, 2025 | Insurance, New India Assurance
The New India Assurance Company’s financial performance is expected to remain adequate, with a strong balance sheet and a top-notch capital adequacy ratio. According to AM Best, the company’s balance sheet is underpinned by its risk-adjusted capitalisation... by newsworm | Mar 11, 2025 | Insurance, LIC
The Life Insurance Corporation of India (LIC) offers policies that are backed by a sovereign guarantee, similar to small savings schemes such as the Public Provident Fund (PPF) and Senior Citizen Savings Scheme (SCSS). This means that even if LIC fails, the government... by newsworm | Mar 11, 2025 | Insurance, Star Health and Allied Insurance
From April 1, 2025, hospitals and nursing homes in Ahmedabad will no longer offer cashless services to patients with Star Health and Tata AIG General Insurance policies. This decision was made due to growing tensions between healthcare providers and insurance... by newsworm | Mar 11, 2025 | Aditya Birla, Insurance, New India Assurance, Niva Bupa, Star Health and Allied Insurance
In today’s world, having a solid health insurance policy is crucial to bear the burden of medical expenses. General insurance companies also offer health insurance coverage, among other types of insurance. However, it’s essential to evaluate the...