ROYAL SUNDARAM GENERAL INSURANCE COMPANY LIMITED

Location

Tamil Nadu

Founded

2000-08-22

Risk Signals

24 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.

Recent Articles about ROYAL SUNDARAM GENERAL INSURANCE COMPANY LIMITED

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Private insurers, led by HDFC ERGO, Reliance General, reap high profits under PMFBY - The Hindu

2025-06-26 (thehindubusinessline.com)

Private insurers, led by HDFC ERGO, Reliance General, reap high profits under PMFBY - The Hindu

Analysis of PMFBY data reveals private insurers retain higher profits compared to public insurers, sparking controversy over farmer benefits.

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Supreme Court Monthly Round-up: May 2025

2025-06-18 (livelaw.in)

Supreme Court Monthly Round-up: May 2025

Reports/JudgmentsMotor Accident Claims | Unemployed Husband Can Be Presumed To Be Partially Dependent On Deceased Wife's Income: Supreme CourtCase Details: Sri Malakappa & Ors. v. Iffco Tokio General...

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Royal Sundaram Appointed Vednarayanam Seshadri was the new managing director - Sangri Today Spotlight

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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Royal Sundaram Appoines Vedanarayanan Seshadri As The New Maging Director

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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Supreme Court Weekly Round-up: May 05, 2025 To May 11, 2025

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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Weekly Overview| Supreme Court Judgments: May 5 – May 9, 2025

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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IRDAI Slaps Rs 1 Crore Penalty on Insurance Company for Outsourcing Norms Violation -

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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IRDAI imposes ₹1 crore penalty on Royal Sundaram General Insurance - The Hindu

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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Royal Sundaram General Insurance Co. standalone net profit declines 50.89% in the December 2023 quarter

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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Royal Sundaram launches add-on covers for vehicle insurance policies

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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HT THIS DAY: October 24, 2004 — Insurance sector opened up to private companies

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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Corporate Sector Makes Landslide Profits from Modi's Flagship Agri-Insurance Scheme |

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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