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Mediclaim policy amount can’t be deducted from medical expenses compensation: HC

Mediclaim policy amount can’t be deducted from medical expenses compensation: HC

by AIP Online Bureau | Mar 31, 2025 | Health, Indian News, Non-Life

The full bench was hearing an appeal filed by the New India Assurance Co Ltd against a judgment of the Motor Accident Claims Tribunal awarding monetary compensation up and above the medical expenses. The insurance company claimed medical expenses were also covered...
SBI Gen pays its first parametric claim of Rs1.06 cr for Nagaland’s natural disaster losses

SBI Gen pays its first parametric claim of Rs1.06 cr for Nagaland’s natural disaster losses

by AIP Online Bureau | Mar 30, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management

“Our parametric insurance model ensures that financial assistance reaches the affected communities and regions without delays, helping strengthen resilience against natural disasters. As climate variabilities increase, parametric insurance plays a vital role in...
X faces global outage including in India for couple of hours

X faces global outage including in India for couple of hours

by AIP Online Bureau | Mar 30, 2025 | International News, Risk Management, Technology

This is the second time within a month that users have reported outages in the X network New Delhi: Billionaire Elon Musk-controlled microblogging website X on Sunday faced a global outage, including in India, for about a couple of hours, according to online companies...
Except West Bengal, all states and UTs have been onboarded for Ayushman Bharat scheme: Nadda

Except West Bengal, all states and UTs have been onboarded for Ayushman Bharat scheme: Nadda

by AIP Online Bureau | Mar 30, 2025 | Data, Eco/Invest/Demography, Health, Non-Life, Policy, Technology

More than 8.9 crore hospital admissions worth Rs 1.26 lakh were authorised under AB-PMJAY since its inception till March 1, 2025, Union Health Minister J P Nadda said New Delhi: Except for West Bengal, all states and Union Territories across the nation have been...
Japan to give crypto assets legal status as financial products, Nikkei says

Japan to give crypto assets legal status as financial products, Nikkei says

by AIP Online Bureau | Mar 30, 2025 | Eco/Invest/Demography, International News, Policy, Regulation, Technology, Wealth Management/ Philanthropy

As part of the move, crypto assets will be put under insider trading restrictions that prohibit buying and selling based on undisclosed internal information, the Nikkei said TOKYO: Japan’s Financial Services Agency (FSA) plans to revise the Financial Instruments...
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