Page 2 - Sbi General Insurance

SBI General to launch 'inherent defects' policy for real estate developers

SBI-General will launch 5-year inherent defects product in next six to eight weeks and has received the IRDAI approval

SBI General Insurance's net profit swells 150% to Rs 4 bn in FY18

The ratio of operating expenses ratio to GWP improved from 21 % in FY17 to 18%

Insurers have to make underwriting profits grow: SBI General's Mahapatra

He says the company is on top in property insurance and is proud of claim settlements

SBI General Insurance Q2 net zooms to Rs 251 cr on one-time income

The company's gross premium increased to Rs 926 crore from Rs 690 crore a year ago

SBI General Insurance plans product for protection from malware attacks

Realizing the need for providing cushion to individuals and corporates from virus and malware attacks on digital platforms, SBI General Insurance Company Ltd is mulling to come out with a product that addresses cyber security concerns.The insurance product in the pipeline would be customized separately for individuals and bulk institutions and also be marketed as a group insurance product. It is proposed to be made available on all the distribution channels."The product that we are planning on cyber security would be one of its kind. We are experiencing a different kind of fraud in digital transactions and this product would have a unique positioning. The product is being priced and it will shortly be filed with the Insurance Regulatory Development Authority (IRDA)", said Pushan Mahapatra, managing director & chief executive officer at SBI General Insurance.The proposed insurance product is being designed to suit the needs of individuals as well as bulk institutions like banks and