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General Insurance Corporation of India News
New tax norm to hurt insurers; stocks attractive for the long run: Analysts
Analysts expect stocks to remain under pressure in the near-term as the government's new tax regime push, with no tax saving deductions, could hurt demand for insurance products
 "New tax norm to hurt insurers; stocks attractive for the long run: Analysts")
GIC Re, New India Assurance extend rally; surge up to 40% in one month
On Monday, shares of General Insurance Corporation hit a fresh 52-week high at Rs 182.65, up 10 per cent; New India Assurance rallied 8 per cent.
 "GIC Re, New India Assurance extend rally; surge up to 40% in one month")
Profit-led rally in GIC may fizzle out sans turnaround in underwriting biz
Unless the underwriting business starts looking up, brokerages are reluctant to give a buy call on the stock despite the recent rally
 "Profit-led rally in GIC may fizzle out sans turnaround in underwriting biz")
New India Assurance, GIC Re rally up to 12% on heavy volumes
In the past one month, shares of New India Assurance Company (up 30 per cent) and GIC Re (up 18 per cent) outperformed the S&P BSE Sensex, which was up less than 2 per cent during the period
 "New India Assurance, GIC Re rally up to 12% on heavy volumes")
After poor show in Sept, non-life insurers' premiums up 15.5% YoY in Oct
Demand for health and motor insurance to continue though growth may dip, say experts
