Miscellaneous Insurance | Updated News about General Insurance

State Bank of India is planning to divest up to 4% in the non-life insurer ahead of the Initial Public Offering of SBI General Insurance, a 74:26 joint venture between State Bank of India (SBI) and Insurance Australia Group (IAG). After having sold this 4% stake, SBI, India’s largest lender wo […]

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Miscellaneous Insurance | General Insurance Related News

Kolkata based start –up GIBL.IN totally overwhelmed its customers when it arrived at their door step with a complete office. March is a financial year-end and everyone has their own work to do, everyone is very busy. So it is quite hard to find the time to manage personal insurance renewal, ta […]

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Miscellaneous Insurance | Get Informed about General Insurance

In an interview with BW Businessworld, Subir Mukherjee, Founder & Director, GIBL, shares goals for the next five years in terms of premium mobilization, renewal rates, top line and bottom line. Tell us a bit about GIBL’s business model. Are you mainly B2C or do you have a B2B play as we […]

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Why it is Important to get your Business Insured?

Shivam was the owner of automobile parts manufacturing unit. He was earning a good profit until one fine day one of his prominent production units got unexpectedly caught on fire. Ryan was now at a big financial loss, as he had debts to clear and renovate the entire production unit by shell […]

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How GST Will Influence Insurance Sector In India?

Finally, Goods and Service Tax bill has launched in India. From now on, all types of indirect taxes such as service tax, excise duty, sales tax along with other local and state taxes will merge into one single tax called GST. With the introduction of GST, taxation procedure is expected to be much si […]

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Should I Buy Insurance from Public Sector or Private Insurer?

Ever since private players got the nod from IRDAI to operate in India's general insurance sector in 2000, they went from strength to strength. Gone are the days, when consumers were solely dependent on PSUs for their insurance requirements. However, with each passing year the paradigm is on the […]

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Liability of Doctors and Cases of Medical Negligence

(Source: http://timesofindia.indiatimes.com/india/Row-over-clinical-trial-as-254-Indian-women-die/articleshow/34016785.cms)   Every year, around 98 thousand patients die due to medical negligence in USA. One can then easily understand the condition of India regarding medical negligence. Med […]

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Why do you need Liability Insurance?

Ramesh is a medical practitioner by profession and owns a nursing home in a posh colony of Mumbai. He had a decent earning and market reputation until last year when some relatives of patients brought in some legal allegations for wrong treatment. Thanks to professional liability insurance, Rame […]

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Maggi controversy leads to companies seek recall product insurance

There are uncountable teens and kids who do share a huge crush for Maggie, the most adorable brand catering delicious noodles to the Indian food market. However the recent controversy concerning the quality and standard of Maggie products has called the reputation of this brand into question. At the […]

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Pradhan Mantri Bima Yojana

The highly famed and hyped Pradhan Mantri Bima Yojana has been launched in Indian market and the yojana has been quite successful in eliciting a rave and enthusiast response from the subscribers belonging to different social strata. It is essential to note in this regard that till date there has […]

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