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Health insurance policy guidelines set to change from October 1: Here’s how it will impact you

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In the case of delay in the payment of a claim, the insurer will be liable to pay interest to the policyholder.SynopsisNew products...
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India Laws

Non-life insurers get a boost on robust health cover demand

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Health insurance products that are seeing an accelerated demand, amid a raging pandemic, remained a positive influence on the overall performance of non-life...
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India Laws

Rising demand: Irdai may increase timelines of two Covid-specific policies — Corona Rakshak, Corona Kavach

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The sum insured in Corona Kavach policy ranges from Rs 50,000 to Rs 5 lakh.With steady rise in the number of Covid-19 cases...
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India Laws

IRDAI issues norms on wellness, preventive features in health cover

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Health cover will now come with wellness and preventive measures and one can get rewards for adherence to a good regime of...
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India Laws

Fixed income: Committed return products, and their comparison with company FDs

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In insurance, you pay for, say, seven years and get you money, i.e., maturity proceeds after, say, 15 years, depending on the terms...
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India Laws

Axis Bank to now buy 17% stake in Max Life instead of 29%

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In April, Axis Bank and Max Financial Services (MFS) had announced the signing of definitive agreements to become joint venture partners in Max...
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India Laws

Taking cover during a pandemic

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With rising awareness among the public following outbreak of the contagious COVID-19, insurers have seen a surge in demand for health and life...
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India Laws

IRDAI Ups Its Game On Insurers’ Share Transfers

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Taking a break from addressing regulatory changes in wake of the ongoing pandemic, the Insurance Regulatory and Development Authority of India in July...
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India Laws

ICICI Lombard to acquire Bharti AXA General Insurance via share swap deal

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ICICI Lombard General Insurance will acquire Bharti Enterprises-promoted Bharti AXA General Insurance through a share swap deal. Bharti Enterprises currently owns a 51...
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India Laws

Motor insurance: Taking steps to prevent and minimise loss

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The Insurance Information Bureau of India (IIBI) has been providing claims search functionality with wide usage among industry, with hits crossing the one-crore...
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India Laws

Looking to boost your health cover? Consider super over standard top-up plans

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If you already have a health plan with lower sum insured and upgrading it to the higher sum insured is not feasible, then...
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India Laws

National Digital Health Blueprint: A blueprint to transform healthcare

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On August 10, the national telemedicine service, e- Sanjeevani, completed more than 1,50,000 tele-consultations.Universal Healthcare (UHC) by 2030 is a pivotal commitment for...
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ICICI Lombard General registers 35% increase in Q2 profit

Asia News Desk - 0
Private sector ICICI Lombard General Insurance reported a 35 per cent increase in net profit to ₹415.74 crore in the second quarter this...
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ICICI Lombard Q2 net rises 35%

Asia News Desk - 0
ICICI Lombard reported underwriting profits in fire, motor and the miscellaneous retail segment in the second quarter.ICICI Lombard General Insurance on Friday posted...
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ICICI Lombard General Insurance Q2 net rises 35%

Asia News Desk - 0
The non-life insurer also saw an improved combined ratio and a surge in gross direct premium income (GDPI) in the quarter under review.ICICI...
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Bombay HC’s Nagpur bench quashes govt cap on non-Covid treatment prices for 20% reserved beds

Asia News Desk - 0
Written by Vivek Deshpande , Tabassum Barnagarwala | Nagpur | Updated: October 24, 2020 12:38:16 am The government had put restrictions on treatment...
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