China will strengthen supervision of its insurance industry over the next three to five years to guarantee the ability of insurers to pay compensation, the official China Securities Journal reported

The state government’s stringent measure to curb illegal mining has taken a toll on the premium collection of the general insurance companies in the state in 2011-12.

Starting this month, you need to shell out more to insure your car. The premiums for a comprehensive car insurance policy can increase anywhere between 10 and 20 per cent. This means if you pay Rs

Owners of cars, commercial vehicles and two-wheelers will have to pay more towards insurance with enhanced motor insurance rates coming into effect from today. The premium rates for third party

-West and Kim Dixon

India Inc might have to shell out more while renewing insurance policies, as global reinsurance rates are seen hardening by 20-25 per cent when such policies comes up for renewals from April.