INSURANCE AUSTRALIA GROUP
SBI General frets over multiple insurance broking model
SBI General Insurance has opposed the idea of making it mandatory for banks to sell insurance covers of multiple companies.
SBI General hopes to break-even in FY16
SBI General Insurance is hopeful of breaking even by the end of the next fiscal with its focus on ret...
SBI may partner Insurance Australia Group for non-life insurance JV
State Bank of India (SBI) will announce its non-life insurance joint venture (JV) in June. The bank has shortlisted its potential partner, and is now finalising terms of the JV agreem...
SBI General Insurance hopes to break even by FY15
Private sector general insurer SBI General Insurance hopes to break even by FY15 on the back of better underwriting practices, a top company official said today.
SBI GI posts 115% rise in premium collection to Rs 271 crore in Q1
The number of policies issued also witnessed a 107 per cent rise to 239,082 policies during this period, the company said.
SBI General Insurance premium soars to Rs 425.47 crore in April-November
Sarma said the company has expanded its presence to 30 cities and plans to add another 10-15 cities before the end of this financial year.
SBI General’s car insurance pricing to not only depend on age of vehicle but also the individual
SBI's general insurance arm has decided to pioneer profile-based pricing of motor insurance. Now the cost of insurance will depend on individual.
SBI General Insurance ties-up with My TVS, India Assistance
SBI General entered into a tie-up with My TVS and India Assistance to provide emergency roadside assistance to its policy holders anytime.
Bhaskar Sarma takes over as MD & CEO of SBI General Insurance
Private insurer SBI General Insurance has appointed Bhaskar Jyoti Sarma as its Managing Director and Chief Executive Officer.
IAG to increase presence in India as part of Asia strategy
IAG aims to generate 10 per cent of its gross written premium in Asia by 2016, according to the group's CEO Mike Wilkins.
SBI General garners Rs 117 cr in premium collection
SBI General Insurance, a subsidiary of State Bank of India, today said it has garnered Rs 117.02 crore premium by the end of October 2011.
SBI hires PwC for valuation, IAG ropes in Deloitte for JV
Keen to divest further stake in its foreign partner Insurance Australia Group, the State Bank has hired consultancy PwC to carry out the valuation process for its general insurance joint venture.
Private firms may step in to cover government’s insurance plan
With premiums close to market rates, companies including ICICI Lombard General Insurance, SBI Life Insurance and Star Union Dai-ichi Life Insurance are finding the government’s new schemes attractive.
SBI to divest up to 10 per cent stake in life insurance venture
"The executive committee of the central board has today authorised divestment of SBI's stake in SBI Life Insurance by up to 10 per cent," SBI said.
SBI General Insurance sets 60% premium growth this fiscal
SBI General Insurance, which draws around 60% of its business from banking channel, also said it would focus more on the other channels like brokers.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service