Lto R- P.K. Prajapati, director, All India Institute of Ayurveda, S...
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IRDAI forms committee to review country’s current landscape of private health insurance
The committee will review the current landscape of private health...
New India ends FY26 with a global premium of around Rs 47,000 crore
Girija Subramanian, CMD, New India Assurance Recovering from a slow...
Jan Vishwas Bill rationalises compliance, decriminalises minor offences in health sector
“This marks a shift towards a more facilitative regulatory framework while retaining strict action for serious violations affecting public health and safety,” the ministry said in a statement. New Delhi:The Jan Vishwas (Amendment of Provisions) Bill, 2026, passed by...
Insurers have to submit compliance reports on checking “dark patters” in 15 days:IRDAI
Wherever non-compliance is found, an action plan with timelines for removing the dark patterns has to be submitted within one month, said the IRDAI. Dark patterns involve using design and choice architecture to deceive, coerce, or influence consumers into making...
MP urges Sitharaman for easing ‘stringent’ lapse rules in life, health policies in Rajaya Sabha
“It is the ruthless lapse rules governing life and health insurance policies. Today, most insurance policies, including those under LIC, provide a mere 30-day grace period for premium payment. A single list installment caused by sudden job loss, medical emergency,...
Indian re/insurers to impement Indian Accounting Standards (Ind AS) from April 1, can avail forbearance for 1-yr:IRDAI
To facilitate smooth transition, for insurers facing challenges in immediately shifting to Ind AS, a provision has been made to grant forbearance for one-year provided such a request will be be made on or before 30th April, 2026.. During the period of forbearance...
Indian Women Power: 3 in 4 homemakers(women) lack critical illness cover
A report by BajajCapital Insurance Broking highlights a powerful economic reality of Indian women contributing an estimated ₹22.81 lakh crore in unpaid household work, equivalent to nearly 6.39% of India’s GDP yet a significant protection gap continues to persist...
Jio Fin Services expects to begin life, general insurance biz in 2026
``We hope to start insurance manufacturing in 2026, subject to regulatory approvals, The company is working towards building the necessary teams for the insurance foray.'' Hitesh Sethia,chief executive and managing director said Mumbai:After commencing its reinsurance...
Legal heirs can claim reimbursement if govt employee dies during treatment: Allahabad HC
The court rejected this argument of the state government, stating that the provisions of Rule 16 of the Rules, 2011, were arbitrary and violated Article 14 of the Constitution. The court held that if a beneficiary dies or becomes incapable of making a claim, his or...
Dip-stick Survey:DFS Secy takes up unsatisfied closed complaints with banks and insurers
M Nagaraju, secretary, Department of Financial Services Till date eighteen such meetings have been conducted and 360 grievances have been reviewed. The objective of such an exercise is to assess the efficacy of grievance resolution through a 'dip-stick survey' at the...
Of all lung cancer patients, 40 pc never smoked: BJP MP demands national screening programme
Raising the matter during Zero Hour in the Upper House, Desai cited findings from All India Institute of Medical Sciences (AIIMS), New Delhi, which revealed that of approximately 1,00,000 new lung cancer cases diagnosed in the country every year, around 40 per cent...
Health insurance premium hikes driven by ageing policyholders,higher coverage, enhanced features and not due to inflation, says Govt
As per Bima Bharosa portal of IRDAI, during FY 2024-25, 1,37,361 general and health insurance grievances were reported, out of which 1,27,755 (93%) were disposed of during FY 2024-25 itself. New Delhi: What is is forcing the insurers to jack up the health insurance...