New India Health Insurance Renewal

As per the fresh set of guidelines issued by IRDAI, health insurance companies cannot reject policyholders' claims after 8 years of premium payment. Know more.

The Insurance Regulatory and Development Authority of India (IRDAI) has mandatorily asked all general and health insurers to offer a standard individual COVID-19 health insurance plan by or on June 15, 2020.

Country’s largest insurance player New India Assurance is expected to last for only a short period of time as the company is covering more losses now. Read the full news here to gain insight.

New India Assurance has been approached to offer projects like satellite insurance and offer reinsurance thereafter from the international market. Read here.

In order to rationalise the claim settlement process of health claims, 31 general insurers and 26 third-party administrators (TPAs) have got along to standardise rates for the common surgical procedures. Read here.

Despite the news of the economy slowing down, both life and non-life insurance segments have recorded considerable growth in premiums. Read the full news here to know more.

For the first time, an insurance company entered an inter-creditor agreement for debt resolution of ailing firms. Read the full news here

State-owned firms such as Oriental Insurance, New India Insurance, General Insurer GIC, and New India Assurance holding stakes in companies into tobacco business witnessed a gain after the ban of e-cigarettes. Read on to know more

A leading general insurance company, New India Assurance has launched a drive to offer insurance to all the vehicles that are plying on the road but not insured. Read the full news here.

KSRTC to pay Rs. 2.6 Crore to New India Assurance to offer enhanced insurance cover to passengers and crew. Read the full news here

Coinsurance deal between 3 public sector insurers and AIC for Prime Minister Fasal Bima Yojna. Read on to know more

The insurance regulator IRDAI (Insurance Regulatory and Development Authority of India) has set up a panel to revisit three-year-old trade credit insurance guidelines. Read the full news here.

New India Assurance has recently completed 100 years in the insurance sector in India and 60 years in Bahrain. Read the news to read its accomplishments in detail.

In a draft issued by the insurance regulator, norms have been set for standard health insurance products. Read more here.

As per a report by Business Standard, the employee unions of four state-owned general insurance companies are in favour of bunching up these insurance companies.

Income tax laws do not put any restriction on splitting the payment of premiums between two individuals for a single policy to save on taxes. Read here in details.