by newsworm | Dec 17, 2024 | Insurance
Nippon Life Insurance is planning to appoint Satoshi Asahi, an executive vice president, as its new president, effective April 1. The company’s board of directors will vote on the appointment soon. Asahi has extensive experience in domestic insurance operations... by newsworm | Dec 17, 2024 | Insurance
National Interstate Insurance Company, a leading provider of captive risk transfer products for the transportation industry, has had its A+ rating affirmed by AM Best. The outlook is stable, and the rating reflects the company’s strong balance sheet and... by newsworm | Dec 17, 2024 | Insurance
The report by HTF MI, titled “Straight Life Insurance Market Study Forecast till 2030”, provides a comprehensive analysis of the global straight life insurance market. The market size is estimated to be USD 3.1 trillion in 2023 and is expected to grow at a... by newsworm | Dec 17, 2024 | Insurance, LIC
The Life Insurance Corporation of India (LIC), the country’s largest life insurer, has revised its traditional participating life insurance plans, including premium rates and terms. Premium rates have been increased by 4-9% on various plans, including Jeevan... by newsworm | Dec 17, 2024 | Insurance
As the year ends, travelers are preparing for their vacations, but often overlook travel insurance, a crucial safety net against unforeseen setbacks. A well-crafted travel insurance policy can provide peace of mind, covering medical emergencies, travel disruptions,... by newsworm | Dec 17, 2024 | Insurance, New India Assurance
Here is a 200-word summary of the NIACL Assistant Recruitment 2024: The New India Assurance Company Limited (NIACL) has announced the recruitment of Assistants, with 500 positions available. Eligible candidates can apply online at newindia.co.in until January 1, 2024.... by newsworm | Dec 17, 2024 | Insurance, New India Assurance
The New India Assurance Company Limited (NIACL) has announced the results of the Administrative Officers Scale I – Generalist/Specialist Phase II 2024. Eligible candidates can download their results from the official website newindia.co.in. The shortlisted... by newsworm | Dec 17, 2024 | Insurance, LIC
The LIC Bima Sakhi Yojana is a three-year stipendiary scheme launched by PM Modi to empower women financially. The program aims to promote financial literacy and encourages women aged 18-70 to become volunteer insurance agents. Eligibility criteria include a minimum... by newsworm | Dec 17, 2024 | Aditya Birla, Birla Sun Life, Insurance, Star Health and Allied Insurance
The Insurance Brokers Association of India (IBAI) has released a study on the general insurance industry’s claim settlement ratio and claim paid ratio for FY 2023. The study reveals that while the non-life industry has settled 81.60% of claims, it has only paid... by newsworm | Dec 17, 2024 | Insurance, New India Assurance
The New India Assurance Company Limited (NIACL) has announced the result of the Administrative Officer (AO) Mains exam 2024 on December 17, 2024. Candidates who appeared for the exam can now check their qualification status on the official NIACL website. The result...