Saturday, October 24, 2020

India Laws

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

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

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

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

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

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...

IRDAI issues norms on wellness, preventive features in health cover

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

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

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

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

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

Taking cover during a pandemic

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

IRDAI Ups Its Game On Insurers’ Share Transfers

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

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

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

Motor insurance: Taking steps to prevent and minimise loss

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

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

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

National Digital Health Blueprint: A blueprint to transform healthcare

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...

Most Read

ICICI Lombard General registers 35% increase in Q2 profit

Private sector ICICI Lombard General Insurance reported a 35 per cent increase in net profit to ₹415.74 crore in the second quarter this...

ICICI Lombard Q2 net rises 35%

ICICI Lombard reported underwriting profits in fire, motor and the miscellaneous retail segment in the second quarter.ICICI Lombard General Insurance on Friday posted...

ICICI Lombard General Insurance Q2 net rises 35%

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...

Bombay HC’s Nagpur bench quashes govt cap on non-Covid treatment prices for 20% reserved beds

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