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Indian insurance ecosystem shows limited appetite for pure risk policy: JM Financial

by AIP Online Bureau | Apr 22, 2024 | Data, Eco/Invest/Demography, Regulation, Risk Management

In the last three years, while individual savings and investments in fixed deposits or equities markets vary with market conditions, the investment in insurance products remained constant at 18 per cent of individual financing funds. Insurance has consistently...

Hybrid MFs see net inflow of Rs 1.45 lakh crore

by AIP Online Bureau | Apr 21, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Hybrid funds are mutual fund schemes that typically invest in a combination of equity and debt securities and sometimes in other asset categories such as gold Hybrid mutual fund schemes have seen a resurgence in 2023-24, garnering Rs 1.45 lakh crore in investments,...
Health Insurance: IRDAI bans hike in premium for an individual policy holder due to higher claims

Health Insurance: IRDAI bans hike in premium for an individual policy holder due to higher claims

by AIP Online Bureau | Apr 21, 2024 | Health, Indian News, Non-Life, Regulation

In another major decision, the IRDAI’s new regulations have clarified that after completion of sixty continuous months of coverage (including portability and migration) in health insurance policy, no policy and claim can be contestable by the insurer on grounds...

WHO launches Patient Safety Rights Charter at Global Summit

by AIP Online Bureau | Apr 21, 2024 | Eco/Invest/Demography, Health, International News, Policy

“Everyone, everywhere, has the right to safety as a patient. The launch of the Charter is a tangible step forward in achieving a safer, more equitable world. The charter will be a key resource in assisting countries in integrating essential concepts such as patient...
Government establishes task force to address Brain Health issues

Government establishes task force to address Brain Health issues

by AIP Online Bureau | Apr 21, 2024 | Eco/Invest/Demography, Health, Indian News, Policy

In the past three decades, most studies in India have shown a high disease burden for specific diseases including stroke, epilepsy, headache, Parkinson’s disease, and dementia, mostly reported for the urban Indian population New Delhi: The Union Health Ministry...
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