National Insurance News

Money

Why you shouldn’t look at insurance as a discretionary expense

There are a variety of life insurance products in the market today that allow you to save and invest to generate returns but understand that insurance is a tool for protection.

3 min read28 Jun 2020
Insurance

Govt to finalise merger of three PSU general insurers by March-end: Official

Govt plans of merging National Insurance Co, United India Insurance Co & Oriental Insurance Co'Merger of PSU general insurers is at an advanced stage. We can see that happening quite soon,' said Finance Secretary Rajiv Kumar

2 min read5 Feb 2020
Companies

Merger of public sector insurance firms: Govt seeks bids from consultants

The government has sought interest from consultants to advice them on the merger of three state-run insurance companies

1 min read28 Jun 2018
Money

Budget 2018: Merging state-run general insurance companies for better valuation

As per a senior official of a state run general insurance company who did not want to be quoted, the idea of merging the entities could also be to boost solvency ratios

2 min read2 Feb 2018
Market

Budget 2018: Govt to merge 3 insurance companies and launch IPO

Oriental Insurance, National Insurance, and United India Insurance to be merged into a single insurance company and listed on the bourses, says Arun Jaitley in budget speech

1 min read1 Feb 2018
Companies

Govt again asks general insurers to follow prudent underwriting norms

The govt has once again asked state-run general insurers to ensure that their unhealthy underwriting practices don't cause unnecessary financial strain on their financial stability

3 min read16 Jul 2017
Market

National Insurance plans IPO in Q4

National Insurance chairman Sanath Kumar says the insurer is waiting for the government approval to come out with the IPO which may happen by the end of the current fiscal

1 min read5 Jul 2017
Industry

A financial health check of state-run insurers to be listed

Mint takes a look at some of the key financial indicators of these general insurance firms and how they perform vis--vis some of their private sector peers

1 min read14 Apr 2017
Industry

Govt looks to get state-run insurance companies ready for listing

Finance ministry will help insurance firms in improving their solvency ratios beyond 1.5a key requirement to get Irdai's approval for listing

3 min read24 Feb 2017
Market

Govt may name advisers for $1.6 billion stake sale in insurers within months

Bankers expect the insurers sales to happen by December

1 min read2 Feb 2017
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