Understanding SFSP Policy: Transferability and Terminations
The Standard Fire and Special Perils (SFSP) policy is an insurance policy that provides coverage for damage or loss caused by fire and special perils such as floods, earthquakes, and…
Air India Secures $10 Billion Insurance Coverage for Fleet Expansion Plans and Invests $600 Million in IT Systems and Refurbishment.
Air India and its subsidiary, Air India Express fleet, have chosen Tata AIG General Insurance and other insurance companies to offer insurance coverage amounting to $10 billion. The national carrier…
Major Insurers Zurich and Munich Re Withdraw from Net-Zero Insurance Alliance.
In a blow to the efforts to mitigate climate change, two of the founding members of the Net-Zero Insurance Alliance (NZIA), Zurich and Munich Re, have announced their withdrawal from…
“Can I keep my No Claim Bonus if I switch motor insurance companies?”
No Claim Bonus (NCB) is a discount given by insurance companies to policyholders who have not made any claims in the previous policy period. It is a reward for safe…
IFFCO-Tokio General Insurance Surpasses Rs 10,000 Crore Gross Written Premium in FY23.
In the present fiscal year, IFFCO-Tokio General Insurance has accomplished a noteworthy feat of earning a gross written premium amounting to Rs 10,000 crore. This achievement reflects the company’s strong…