by Team Small News | May 2, 2025 | Aditya Birla, Bajaj Allianz Life Insurance, HDFC ERGO, Insurance, New India Assurance, Star Health and Allied Insurance
A recent report by the Insurance Brokers Association of India (IBAI) for the financial years 2023-24 and 2022-23 has revealed that four insurance companies in India have consistently cleared more than 90% of claims made by beneficiaries. The top performers include...
by Team Small News | May 2, 2025 | Aditya Birla, Bajaj Allianz Life Insurance, HDFC ERGO, IFFCO Tokio, Insurance, New India Assurance
A recent report by the Insurance Brokers Association of India (IBAI) has revealed that the claim-to-settlement ratio for general insurance in India has decreased to 86% in 2022-23, down from 87% in the previous fiscal year. This means that 14% of claims were rejected...
by Team Small News | May 1, 2025 | Insurance, New India Assurance, United India Insurance
The Indian Public Sector General Insurance Companies (PSGICs) have experienced a significant turnaround, with all companies becoming profitable again after historically reporting losses. Oriental Insurance Company Ltd. (OICL) and National Insurance Company Ltd. (NICL)...
by Team Small News | Apr 26, 2025 | Insurance, New India Assurance
The Central Bureau of Investigation (CBI) has arrested two individuals, NS Sidhu, an insurance surveyor, and JK Mittal, a Regional Manager of New India Assurance Company, in Chandigarh, in a bribery case involving Rs 5 lakh. According to CBI officials, a case was...
by Team Small News | Mar 24, 2025 | Aditya Birla, Insurance, New India Assurance
The Insurance Brokers Association of India has released data on health insurance claims paid by various insurance companies for the year ending March 2023. According to the data, New India Assurance Co. Ltd. ranked among the top players in terms of health claims paid,...
by Team Small News | Mar 22, 2025 | Insurance, New India Assurance
The New India Assurance Company Limited (NIACL) is conducting a recruitment drive for 500 Assistant posts. The application process is open from December 17, 2024, to January 1, 2025. The Tier I (Preliminary) Online Examination is scheduled for January 27, 2025, and...