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M Ramadoss News
New India Assurance chairman suspended for irregularities The government on Tuesday suspended New India Assurance Chairman M Ramadoss on charges of irregularities in the distribution of credit insurance cover to Paramount Airways during his tenure as chairman and managing director of Oriental Insurance Company. “New India Assurance chairman has been placed under suspension on account of proceedings against him. United India Insurance head G Srinivasan
Insurance cover for land acquisition still a far cry
The biggest struggles in the recent past might have been surrounding land and land acquisition, but risk mitigation through an insurance cover is still a far cry.
Private insurers to adopt PSU rates for cashless mediclaim
By packaging rates and stabilising costs, insurers expect to cut expenses.
New India Assurance to double overseas business in 2-3 years
The public sector general insurer, The New India Assurance Company, has set a target to double its business from overseas in the next two-three years. The company said it would conclude an
State insurers to restore cashless mediclaim in a month
The four state-owned non-life insurance companies have agreed to restore the cashless mediclaim facility in another 30 days by forming a group package for each corporate hospital, bringing relief |
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