New India Assurance to maintain the same rates
By Joseph Samson
May 5, 2014
Print    Email    RSS   

One of the finest Insurance companies new India Assurance Company reported that the company will maintain the rates for some time. The company had revised the rates in the last fiscal year, and will be maintaining the same rates for some more times.

Further it has been reported that there will be no revision in health insurance premium rates, they will remain same at the current rates. The New India Assurance reported a 29 per cent rise in its net profit at Rs. 1,089 crore in the last financial year. Chairman and managing director of the company stated that the company will maintain all its renewal rates this year. However in some accounts company faced the risk perception was higher and the loss ratios were not good which led to rise in the rates of accounts.

The company is also planning to focus more towards the retail segment. Company was having around Rs. 100 crore premium from Rashtriya Swasthya Bima Yojna (RSBY) in the last fiscal.

(Comments Posted : 0) Post Your Comments
Show All Comments
 Select a product:

 Select a product:

Carnival of Indian Personal Finance Blogs #6
Home Loan or Own Funds: A Classic Dilemma
Home Loan: A way to reduce your taxable...
Make your home loan repayment easier
Credit profile and its effect on loan...

I want to know the balance of home loan taken from...
how to gate my home loan certificate
how can applay for DSA. any age, qalification,...
How to view my home loan account statement

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive