J P Nadda,Union Health Minister Over 14 crore were screened for...
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Allianz scraps proposed acquisition of Singapore’s Income Insurance, source says
Singapore's prime minister said in October that the city-state...
Lockton unveils new global Parametric Insurance Practice
The parametric insurance market is projected to reach $39.3 billion...
China cuts medical benefits for seniors due to cash shortage
In the longer term, the "grey hair movement" is indicative of a fundamental issue facing the Chinese government, how to care for a rapidly ageing society where 400 million people, or 30 per cent of the population, will be 60 or older by 2035. China's public health...
Remain cautious and wear mask, focus should be on clinical cases: Experts on Covid surge in Delhi
'The rise in Covid cases is led by the new variant ''Our focus should be on looking for clinical cases rather than laboratory-tested cases.For India, there is a 30-fold increase in cases but the daily deaths have not increased in that proportion. We should not worry...
Philips expects to reach recall settlements this year
The company recalled millions of breathing devices and ventilators used to treat sleep apnea in 2021 because foam used to dampen noise from the devices might degrade and become toxic, carrying potential cancer risks. Dutch health technology company Philips expects to...
Licences of 18 pharma firms cancelled for manufacturing spurious drugs, 26 issued show-cause notices
An official source said that the action has been taken against 76 companies in the first phase of a special drive against the manufacture of spurious drugs New Delhi: In a major crackdown against the manufacture of substandard drugs, central and state regulators...
Expenses of Management(EoM): IRDAI fixes at 30% for general insurers,35% for health insurers
Premium in Rs, crore The new limit on EoM will be effective from April 1 The general and health insurers have to ensure that their expenses of management are within the allowable limit on the overall basis. Where the insurer has exceeded the allowable limits of...
Women having their own source of income are more likely to own insurance:ICICI Lombard Report
Sanjeev Mantri, executive director, ICICI Lombard General Insurance said, “As data shows only a small percentage of women in India consider general insurance a priority. This highlights the need for more awareness and education on general insurance among women in...
IRDAI removes caps on commissions paid to intermediaries within Expense of Management(EOM)
The government last Sunday has notified the new regulations, as approved by insurance regulator IRDAI , on the removal of cap on payment of commission to the intermediaries Oveall limit of Expense of Management(EoM) for the insurers will be fixed by insurance...
610 cases of Covid’s new variant XBB1.16 found in India: INSACOG data
The highest number of Covid cases caused due to this variant has been found in Maharashtra and Gujarat at 164 each, followed by 93 Telangana and 86 in Karnataka, according to INSACOG data. A total of 610 cases of Covid's XBB.1.16 variant, which might have been behind...
Medi Assist acquires Raksha TPA, to add approximately 3,000 corporates clients
``This acquisition aligns with Medi Assist's overall growth strategy, and expands our presence in the North and West regions of India and adds approximately 3,000 corporates to our client list. Raksha TPA adds 17 per cent to Medi Assist in terms of scale," said Satish...
ICMR comes up with first ethical guidelines for application of AI in biomedical research, healthcare
The induction of AI into healthcare has the potential to be the solution for significant challenges like diagnosis and screening, therapeutics, preventive treatments, clinical decision-making, public health surveillance, complex data analysis, and predicting disease...