The Indian government is reconsidering a plan to merge public sector general insurance companies as part of a broader push to restructure the insurance sector. The plan, which had been previously discussed, is back on the table and includes options for capital infusion and privatization.

The Indian government is reconsidering a plan to merge public sector general insurance companies as part of a broader push to restructure the insurance sector. The plan, which had been previously discussed, is back on the table and includes options for capital infusion and privatization.

by | Dec 7, 2025 | Insurance, United India Insurance

The Indian Finance Ministry is reconsidering the merger of three state-owned general insurance companies: Oriental Insurance, National Insurance, and United India Insurance. This proposal was initially announced in the 2018-19 Budget to improve efficiency and scale by...
The Indian government is reconsidering a plan to merge public sector general insurance companies as part of a broader push to restructure the insurance sector. The plan, which had been previously discussed, is back on the table and includes options for capital infusion and privatization.

Non-life insurers record 2% premium growth in September, Bajaj Allianz General Insurance leads the way

by | Dec 5, 2025 | Bajaj Allianz Life Insurance, HDFC ERGO, ICICI Lombard, Insurance, New India Assurance, Niva Bupa, Star Health and Allied Insurance, United India Insurance

The non-life insurance sector in India has reported a modest 1.94% year-on-year growth in gross direct premium to Rs 23,430 crore in September. This growth was driven primarily by an increase in standalone health insurance premiums. The largest general insurer, New...
The Indian government is reconsidering a plan to merge public sector general insurance companies as part of a broader push to restructure the insurance sector. The plan, which had been previously discussed, is back on the table and includes options for capital infusion and privatization.

The Supreme Court has upheld the ‘pay and recover’ method in motor accident claims, allowing claimants to receive compensation first and then permitting insurance companies to pursue recovery from the liable party.

by | Dec 4, 2025 | Insurance, New India Assurance, United India Insurance

The Supreme Court of India has made a significant ruling in the case of K. Nagendra v. New India Assurance Co. Ltd., reaffirming the principle of victim-centric justice in motor accident compensation. The court held that an insurer cannot deny compensation to accident...