United India Insurance
Uncontested facts can't be disputed in appeal
The State Commission noted that the supporting documents had not been disputed as being false, and so the surveyor had erred in questioning the theft
Fake invoices can lead to insurance claim repudiation, shows a recent order
Aristo Texcon, a private limited company, had its factory in Kolkata's Tangra Industrial Estate. A massive fire occurred on February 19, 2012. Here's what happened when they approached their insurer.
 "Fake invoices can lead to insurance claim repudiation, shows a recent order")
Not buying add-on cover can prove costly sometimes
The National Commission observed that liability under the policy could neither be extended nor curtailed, but would be determined according to the terms of the contract
Axis Bank awaits nod to reclassify 3 promoters as public shareholders
United India Insurance Company, National Insurance Company and New India Assurance Company will be reclassified as public category shareholders post requisite regulatory approvals
 "Axis Bank awaits nod to reclassify 3 promoters as public shareholders")
Govt may consider privatising Oriental Insurance or United India: Report
To further strengthen their financial health, the government is expected to infuse Rs 3,000 crore in the public sector general insurance companies during the current quarter
 "Govt may consider privatising Oriental Insurance or United India: Report")
Compensate for loss of life on duty
A Home Guard would be considered on duty from the time he set out from his home and until he returned
AIC enters coinsurance deal with 3 public sector insurance firms for PMFBY
Under the scheme, while AIC will use offices, manpower and rural reach of the three companies, it will offer 12.5 per cent of the premium collected to each of the three companies
 "AIC enters coinsurance deal with 3 public sector insurance firms for PMFBY")
EY sets 18-month timeline for merger of three insurance companies
It will also conduct a valuation exercise of the assets of the firms
 "EY sets 18-month timeline for merger of three insurance companies")
A large single non-life PSU is needed for market health: United India CMD
In an email interview, Girish Radhakrishnan says such an entity would have the muscle to control market behaviour and curb the "adventurous" marketing practices of private firms
 "A large single non-life PSU is needed for market health: United India CMD")
Vijay Srinivas named Director & General Manager of United India Insurance
Srinivas, in his 37 years of service, has also contributed articles in journals of insurance, tax and other subjects
 "Vijay Srinivas named Director & General Manager of United India Insurance")
United India looks at listing
Sources say disinvestment would be somewhere below 10%
 "United India looks at listing")
