Gicouncil.in
Complaints and Grievances
WebCall Toll Free Number 155255 (or) 1800 4254 732 or. Send an e-mail to [email protected]. Make use of the Integrated Grievance Management System: Register and monitor your complaint at igms.irda.gov.in. Send a …
Actived: Just Now
URL: https://www.gicouncil.in/insurance-education/complaint-channels/complaints-and-grievances/
General Insurance Council Newsletter -11th Edition
WebTo increase awareness of General Insurance Products across India, the General Insurance Industry had launched a nationwide awareness campaign with the tagline " faayde ki baat". General Insurance Council conducted a Workshop on The Role of General Insurance Industry in Road Safety on 28.1.2020. General Insurance Council sends largest …
Members of the GI Council
WebMembers of the GI Council. Acko General Insurance Limited, Mr. Animesh Das. Managing Director & CEO. 2nd Floor, #36/5, Hustlehub One East, Somasandrapalya, 27th Main Rd, Sector 2, HSR Layout, Bengaluru, Karnataka 560102. [email protected]. Aditya Birla Health Insurance Co Ltd,
What is Non-Life Insurance
WebNon-life insurance covers property, businesses and individuals andis also known as general insurance in India. In some markets this type of insurance is known as Property and Casualty (P&C) insurance. Unlike life insurance which covers lives for assured benefits, non-life insurance provides coverage for damages on indemnity basis.
Section 01: Macro-Economic & Insurance Indicators – Yearbook
WebMacro-economic &. Insurance Indicators. The Indian General Insurance Industry in FY 2020-21 has continued its robust upward trend, achieving a 5.19% Year-on-Year growth with respect to Premium Income in India for 2019-20, and an 14.64% CAGR over a 10 Year Period. The Industry has also continued to increase its penetration figures, growing from
PRESS RELEASE LAUNCH OF “CASHLESS EVERYWHERE”
WebPRESS RELEASE LAUNCH OF “CASHLESS EVERYWHERE” BY GENERAL INSURANCE COUNCIL . 24th January 2024: General and health insurance companies provide coverage to millions of citizens through health insurance policies.In the event of hospitalization, policyholders need not pay for treatment out of pocket with a cashless facility where …
Executive Committee Members of the General Insurance Council …
WebElected Members. Mr Atul Sahai. Chairman of GI Council. (Up to 28th February 2022) Chairman-cum Managing Director. (up to 28th February 2022) The New India Assurance Co Ltd. New India Assurance Building, 87, M G Road, Fort Mumbai 400001. Mr Anjan Dey.
Vision and Mission
WebThe General Insurance Council recognizes its role in the changing business environment by articulating the following vision and mission. A sustainably profitable and growing non-life insurance industry in India. An industry trusted and recognised as contributing to society and the economy. An economic and public policy climate conducive to a
General Insurance Council Newsletter
WebThe premium growth at the end of September 2023 is 15 % driven by health and motor segments as in previous months. The high-growth segments continue to be Engineering, Motor, and Health. The Stand-Alone Health Insurance (SAHI) companies continue to improve the growth rate in health segment. The growth percentage in fire and marine …
Insurance Institute of India (III)
WebThe Insurance Institute of India was established in the year 1955, for the purpose of promoting Insurance Education & Training in the country. Institute qualifications are held in esteem both by the regulator and the industry. III offers many specialised diploma and certificate courses in the field of Life and Non-Life Insurance.
4.5 – Health & Accident – Yearbook
WebSource: Council Compilation as per source data submitted by companies. The Net Incurred Claims ratio has increased, arriving at 90.18% in 2020-21. The Gross Incurred Claims ratio has decreased to 78.5% for Health industry segment in 2020-21.
Insurance Awareness Campaign
WebThe first burst of the PAN India Insurance Awareness Campaign has been completed in April-May 2013. The campaign was TV- led with emphasis of spends on Regional TV channels. Thereafter, the post-track survey to measure effectiveness of the first burst of Campaign, in terms of content recall, message comprehension and likeability was
Executive Committee Members of the General Insurance Council
WebChairman of GI Council. Chairman-cum-Managing Director. The New India Assurance Co Ltd. New India Assurance Building, 87, M G Road, Fort Mumbai 400001. Mr Anuj Gulati. Chief Executive Officer. Care Health Insurance Co Ltd. Vipul Tech Square, Tower C, 3 rd floor, Sector 43, Golf Course Road, Gurgaon 122009. Mr Devesh Srivastava.
3.3 – Distribution Channels – Yearbook
Web3.3 – Distribution Channels. One of the discerning features of the post privatization of the sector is the emergence of multiple but regulated distributed channels, distinct from only Agents and Employees developing in the business during the prior nationalized sector. Brokers and Corporate Agents (including Bancassurance models) have
Non-life insurers not keen on paying obligatory cession to GIC Re
WebThe obligatory cession was reduced from 5 per cent to 4 per cent for 2022-23. The impact of the reduction in obligatory cession on GIC Re will be around Rs 2,000 crore. The insurance regulator has been reducing the obligatory cession over time. Earlier it was 20 per cent. It came down to 15 per cent, and then to 5 per cent, and now to 4 per cent.
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