The average claim size in India for 2023-24 stands at ₹70,558, up...
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InGovern raises concern over delay in AGM; Religare term the report manipulative
Responding to the report, Religare Enterprises chairperson Rashmi...
AB PM-JAY: World’s largest government-funded health insurance scheme in six years of launch
J.P. NaddaUnion Health Minister Ayushman Bharat has become a...
Insurers can raise funds through Preference Share and Subordinated debts without IRDAI’s prior approvals
The total quantum of the instruments under other forms of capital taken together has to be lower of the following, at any point in time: 50 percent of the total paid up equity share capital and securities premium of an insurer and 50 percent of the net worth of the...
Over 23.08 cr Ayushman Bharat Health Account numbers created
Union Health Minister Mansukh Mandaviya The Ayushman Bharat Digital Mission (ABDM) aims to develop the backbone necessary to support the integrated digital health infrastructure of the country. It will bridge the existing gap amongst different stakeholders of the...
Health ministry releases dos and don’ts to prevent contracting monkeypox
The incubation period is usually from six to 13 days and the case fatality rate of monkeypox has historically ranged up to 11 per cent in the general population and higher among children. In recent times, the case fatality rate has been around 3 to 6 per cent Among...
Overseas travel insurance increases 76% post-pandemic: ICICI Lombard
Sanjeev Mantri, executive director, ICICI Lombard said, “Customers are increasingly cautious and seek adequate medical cover, including COVID-19 cover for overseas trips. The bulk of travel purchases always took place digitally, with the numbers now only increasing....
Rising cost may hurt Indian insurance industry: YouGov’s global Survey
In a recent survey, YouGov asked consumers across 18 markets in which areas would they first make cutbacks if their household budget is squeezed due to increase in cost of living. Over a tenth (13%) of global consumers answered insurance policies or premiums The...
New global alliance launched to end AIDS in children by 2030
UNAIDS Executive Director Winnie Byanyima argues, “by bringing together new improved medicines, new political commitment, and the determined activism of communities, we can be the generation who end AIDS in children. We can win this – but we can only win together.”...
IRDA caps total expenses(EoM) for non-life insurers at 30%, asks them to prepare board approved annual business and capital raising plans
Every insurer has to formulate a business plan in advance on an annual basis, which has to be approved by the respective board. The plan should, at the minimum, clearly state the the projected requirements of capital during the said financial year, projection of...
Arsenic found in ground water in parts of 209 districts, uranium in parts of 152 districts: Govt
In a written reply to a question in the Rajya Sabha, Minister of State for Jal Shakti Bishweswar Tudu gave data that showed lead has been found in parts of 176 districts in 21 states, iron in parts of 491 districts in 29 states and Union territories, cadmium in parts...
Children at risk of new ‘unexplained acute hepatitis’ outbreak – WHO
“Every 30 seconds, someone dies from hepatitis-related diseases, including liver failure, cirrhosis and cancer,” said the WHO chief Moreover, some 80 per cent of people living with the disease are unable to access or afford care UN: The world is currently facing a new...
Centre issues comprehensive guidelines for monkeypox patients, contacts
Monkeypox typically manifests itself with fever, headache, rashes for up to three weeks, sore throat, cough and swollen lymph nodes New Delhi: A 21-day isolation, wearing masks, following hand hygiene, keeping lesions fully covered and waiting for those to fully heal...