by Team Small News | Aug 3, 2025 | Insurance, New India Assurance
New India Assurance, a state-owned insurance company, is set to launch a parametric insurance product this month to provide financial protection to its retail and business customers against climate-related risks. The product, which has been registered with the...
by Team Small News | Jul 31, 2025 | Insurance, New India Assurance, United India Insurance
A Nainital resident, Neelam Mehrotra, has finally received relief from the state consumer commission 13 years after her knee surgery claim was denied by United India Insurance Co Ltd (UIICL). The commission reversed a 2016 district commission order and directed UIICL...
by Team Small News | Jul 20, 2025 | HDFC ERGO, ICICI Lombard, Insurance, New India Assurance
The Insurance Regulatory and Development Authority of India (IRDAI) has conducted inspections at eight general insurance companies, including New India Assurance, ICICI Lombard General Insurance, and HDFC ERGO General Insurance, among others. The inspections aimed to...
by Team Small News | Jul 13, 2025 | Insurance, New India Assurance, Tata AIA
The recent crash of an Air India flight in Ahmedabad is expected to result in one of the costliest aviation insurance claims in Indian history, with estimated claims exceeding $120 million. The insured value of the aircraft, known as the hull loss, is expected to be...
by Team Small News | Jul 9, 2025 | Insurance, New India Assurance
On the occasion of ET World MSME Day, Girija Subramanian, Chairman and Managing Director of The New India Assurance Co. Ltd. (NIA), discussed the critical role of her company in protecting India’s micro, small, and medium enterprises (MSMEs) through inclusive...
by Team Small News | Jul 1, 2025 | Insurance, New India Assurance, United India Insurance
The Indian Public Sector General Insurance Companies (PSGICs) have reported a significant turnaround in their financial performance, achieving a profit of Rs. 1,066 crore in the third quarter of the financial year 2024-25. This marks a notable improvement from the...