ROYAL SUNDARAM GENERAL INSURANCE COMPANY LIMITED
Location
Tamil Nadu
Founded
2000-08-22
Website
Risk Signals
22 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Accident and Health Insurance, Fire, Marine, and Casualty Insurance), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about ROYAL SUNDARAM GENERAL INSURANCE COMPANY LIMITED
Live alerts from global media, monitored by Business Radar
2025-05-28 (sangritoday.com)
Royal Sundaram Appointed Vednarayanam Seshadri was the new managing director - Sangri Today Spotlight
Chennai, 28th May 2025: Royal Sundaram General Insurance Co. Limited is happy to announce the appointment of Mr. Vedanarayanan Seshadri (Veda) as the Managing Director starting 28th May 2025. Veda, brings over 30 years of BFSI sector experience, including 15 years in insurance leadership roles. His expertise includes insurance distribution, driving profitable growth, and digital transformation enabled customer experience improvements. He holds degrees in engineering, marketing, finance, and an advanced management programme from INSEAD, France. Commenting on the development, Mr Harsha Viji, Executive Vice-Chairman, Sundaram Finance said, "Veda brings over 30 years of experience in the BFSI sector, including senior roles in life and general insurance. His deep understanding of the insurance market, customer preferences, and leadership skills will benefit him in this new role. Given the evolving insurance landscape and digital advancements, Veda is well-placed to lead Royal Sundaram's growth." Commenting on his
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2025-05-28 (aninews.in)
Royal Sundaram Appoines Vedanarayanan Seshadri As The New Maging Director
Chennai (Tamil Nadu) [India], May ౨౮: Royal Sundaram General Insurance Co. The Limited Ice Happy Announces the Appointment of Mra. Vedanarayanan Seshadri (Veda) ...
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2025-05-13 (livelaw.in)
Supreme Court Weekly Round-up: May 05, 2025 To May 11, 2025
Nominal Index [Citation 529 – 553]CitationsJaipur Vidyut Vitaran Nigam Limited and Ors. v. Rajasthan Textile Mills Association & Anr. Etc. 2025 LiveLaw (SC) 529Irwan Kour v. Punjab Public Service...
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2025-05-12 (verdictum.in)
Weekly Overview| Supreme Court Judgments: May 5 – May 9, 2025
1) Liability of tractor & its insurer extends to a passenger's death resulting from motor accident caused by tractor via trailer The Court held that, in motor accident cases, the liability of a...
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2025-03-25 (the420.in)
IRDAI Slaps Rs 1 Crore Penalty on Insurance Company for Outsourcing Norms Violation -
HYDERABAD: The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a Rs 1 crore fine on Chennai-based Royal Sundaram General Insurance (RSGI) for non-compliance with outsourcing regulations during the financial years 2018-19 and 2019-20. The penalty follows findings from a remote inspection conducted by IRDAI between September 14 and September
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2025-01-25 (thehindubusinessline.com)
IRDAI imposes ₹1 crore penalty on Royal Sundaram General Insurance - The Hindu
IRDAI fines Royal Sundaram General Insurance ₹1 crore for outsourcing norms violation and insufficient documentation in claims closure.
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2024-02-01 (business-standard.com)
Royal Sundaram General Insurance Co. standalone net profit declines 50.89% in the December 2023 quarter
Sales rise 13.41% to Rs 713.86 crore
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2023-04-20 (thehindubusinessline.com)
Royal Sundaram launches add-on covers for vehicle insurance policies
Royal Sundaram General Insurance Co. Ltd has introduced three add-on covers for its vehicle insurance policies.
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2021-11-08 (hindustantimes.com)
HT THIS DAY: October 24, 2004 — Insurance sector opened up to private companies
The Insurance Regulatory and Development Authority issued the first batch of six licences to joint ventures with 26 per cent foreign equity | Latest News India
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2021-08-22 (newsclick.in)
Corporate Sector Makes Landslide Profits from Modi's Flagship Agri-Insurance Scheme |
Privately owned insurance firms have made profits as high as 70% from the Pradhan Mantri Fasal Bima Yojana as per report of India's Parliamentary Standing Committee on Agriculture
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(aninews.in)
Royal Sundaram has Motor Insurance Claim Settlement Ratio of 98.4 per cent
Mumbai (Maharashtra) [India], February 27 (ANI/BusinessWire India); Royal Sundaram General Insurance, a subsidiary of Sundaram Finance, is one of India's leading non-banking financial services companies. Apart from offering motor insurance, the company also offers health, travel and other necessary insurance to their customers. Royal Sundaram has simplified the process of obtaining motor insurance by focusing on a strong network and technology. Due to this simplification and the engaging services and features offered in the insurance, the company has achieved astounding success by resolving 98.4 per cent of all claims received. As a result, the business has established a solid reputation as one of India's leading providers of motor insurance.
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(indiaspend.com)
COVID-19: Insurers Are Denying Policies To Disabled Despite Govt Strictures
New Delhi: Abishek Muthian, a startup coach from Coimbatore, runs a blog on which he has uploaded many hours of phone conversations and several emails with call centre and back-office agents of Indian...
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