National Insurance

It is estimated that non-life PSU insurers may need up to Rs 25,000 crore for compliance with IRDAI regulations.

Capital infusion in 3 state-owned insurers 'credit positive', says Moody's

Last week the Union Cabinet had decided to put on hold the merger of National Insurance, The Oriental Insurance and United India Insurance and approved a Rs 12,450 crore capital infusion into these three general insurers.

EY suggests merger of National Insurance, United India & Oriental Insurance within 18 months

The merger is unlikely to lead to a significant number of layoffs, since all three firms have reduced recruitment and are operating with an optimal workforce

Reporter's Take | Mega insurers' merger a race against time

The idea to merge the three insurers was to create a stronger and larger insurance company that was sustainable in the long run.

Finance Ministry likely to have given nod for IPO of National Insurance: Sources

Finance Ministry is likely to have given nod for initial public offering (IPO) of National Insurance.

We are IPO-ready; need 6-8 mnths for spade work: New India

In his Budget speech this year, Finance Minister Arun Jaitley had announced that the government is keen on listing the public sector general companies. As planned, the insurance companies have kick-started their preparations for a Dalal Street debut.

National Insurance lines up plans to meet its capital needs

This is crucial, particularly on the back of National Insurance being among the five public sector general insurers who have received Cabinet nod for listing on the stock exchanges.

5 PSU insurers‘ IPOs: Ways to attract investors

The government and the company managements should ensure proper sequencing of the IPOs. Bunching of the offers within a short time frame might dilute investor appetite, especially for those offerings that bring up the rear. Also important would be the proper pricing of the issues.

Why allowing general insurers to list is a double-edged sword

Allowing general insurance companies to get listed when none of the private players are listed could raise questions in certain quarters

First listing may happen in next 6-8 months

The Cabinet has approved the listing of the four public sector general insurance companies as well as the sole state-owned reinsurance company, General Insurance Corporation of India (GIC Re). The companies will begin the process of listing in the next few weeks and the final listing is expected to happen within the next six to eight months.

Here is why SP Tulsian is positive on Federal Bank

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.

CCI imposes Rs 671 crore fine on four state-run insurers

Competition Commission has imposed a penalty of Rs 251.07 crore on New India Assurance, Rs 162.8 crore on National Insurance, Rs 156.62 crore on United India Insurance and Rs 100.56 crore on Oriental Insurance, respectively.

Apollo Gleneagles joins PSU's PPN measure after 17 months

Apollo Gleneagles has finally joined the Preferred Provider Network (PPN) initiative of the PSU general insurance companies after almost 17 months of its introduction.

What you should know when buying insurance for your parents

Mediclaim for senior citizens is certainly not as easily available nor is it as comprehensive (as a policy) as mediclaim for someone who has not yet crossed the age of 60, but it is still available.

FinMin asks PSU general insurers to lower expense ratio

The Finance Ministry has asked public sector general insurance companies to bring down their expense ratio and prune management expenses to improve profit.

General insurance industry's premium income up 20% in Apr

The general insurance industry, comprising four public sector entities, grew by 20 per cent in April this year compared to the same month last year.