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Proposed amendments to insurance laws may lead to disputes in health claims, misappropriation: Unions

by AIP Online Bureau | Dec 17, 2022 | Health, Indian News, Non-Life, Policy, Regulation, Reinsurance

The employee unions are also opposed to the idea of insurers distributing insurers to distribute other financial products as it may distract the companies from their insurance products, distribution and proper attention on serving the policyholders Chennai: The Unions...

Impossible to track exact number of COVID cases in China: Chinese health agency

by AIP Online Bureau | Dec 17, 2022 | Eco/Invest/Demography, Health, International News, Non-Life, Pandemic

China’s top official in charge of the pandemic, Sun Chunlan, while visiting hospitals on Wednesday said that China’s capital, Beijing, has for the first time been hit by a significant outbreak. Chunlan explained that the country’s focus needs to...
GST Council agrees to decriminalise certain offences, no GST on ‘no claim bonus’ in motor policy

GST Council agrees to decriminalise certain offences, no GST on ‘no claim bonus’ in motor policy

by AIP Online Bureau | Dec 17, 2022 | Eco/Invest/Demography, Indian News, Policy

Accepting one of the demands of the insurance industry, Revenue Secretary Sanjay Malhotra clarified that ‘no claim bonus’ offered by the insurance companies to an insured is an admissible deduction for valuation of insurance service and does not attract GST New Delhi:...
Working to introduce integrative medicine in all hospitals: Union Health Minister

Working to introduce integrative medicine in all hospitals: Union Health Minister

by AIP Online Bureau | Dec 17, 2022 | Eco/Invest/Demography, Health, Indian News

Union Health Minister Mansukh Mandaviya The government has established 1,50,000 health and wellness centres across platforms that promote meditation, yoga, and all aspects and activities pertaining to integrated health and wellbeing New Delhi: Union Health Minister...

Oil tanker owners show signs of shunning Russia’s Asian crude

by AIP Online Bureau | Dec 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance

Since Dec. 5, buyers of cargoes from Russia have only been allowed to access industry standard insurance and an array of trade-critical services if they pay $60 a barrel or less There are tentative signs that oil tanker companies are avoiding sending their ships to...
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