E-PaperUnited India Insurance News
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 2018Delhi HC tells Irdai to clean up definitions of ‘exclusions’ in health insurance
Irdai needs to re-look at the exclusionary clauses in health insurance contracts and ensure that insurers don't reject claims on the basis of exclusions relating to genetic disorder, says Delhi HC
2 min read27 Feb 2018Budget 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 2018M Nagaraja Sarma appointed CMD of United India Insurance
M. Nagaraja Sarma has been appointed CMD of United India Insurance for five years, says DoPT order
1 min read13 Sep 2017A 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 2017Govt 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 2017Govt 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 2017Govt looks to raise Rs11,000 crore from listing of PSU insurers
Out of total disinvestment target of Rs72,500 crore, govt plans to raise Rs46,500 crore through minority stake sale and Rs15,000 crore from strategic disinvestment
1 min read2 Feb 2017Govt approves listing of state-owned general insurance companies
Oriental Insurance, National Insurance, New India Insurance, United India Insurance among firms that will list on stock exchanges
4 min read19 Jan 2017Govt asks Oriental Insurance, United India to improve finances
State-run United India Insurance, Oriental Insurance have suffered net losses of Rs429 crore and Rs382 crore, respectively, in the first half of 2016-17
1 min read8 Jan 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared