“It is the ruthless lapse rules governing life and health insurance...
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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...
Indian Women Power: 3 in 4 homemakers(women) lack critical illness cover
A report by BajajCapital Insurance Broking highlights a powerful...
Senior citizen health covers witness a strong growth
"Approximately 6 in 10 health insurance policies are purchased between ages 60-65, with this bracket alone accounting for approx. 57 per cent of all followed by a steady rise in the 66-70 segment as awareness and health risks increase". New Delhi: On the occasion of...
GST Revamp: Tax on premium for Rs 5 lakh Health and Term life insurance may be slashed to 5% or even zero from 18%, sources say
Shares of insurance companies such as ICICI Prudential , SBI Life, and LIC jumped 2%-4%.The rise in auto, insurance and consumer firms stocks helped the wider market rise over 1% Analysts have said as per the current rules, the GST rate of 5% or zero does not qualify...
Talks for treaty on plastic pollution end without agreement
The fifth round of negotiations on the plastics treaty (INC-5.2) in Geneva was part of efforts launched in 2022 to address what the United Nations calls a "plastic pollution crisis" that threatens oceans, wildlife, human health and the climate. Scientists estimate...
Swiss Re tackles longevity drug impact with life policy advice
Metformin, traditionally used to manage type 2 diabetes, and rapamycin, an immunosuppressant developed for organ transplant recipients, are part of a growing list of substances being explored for anti-aging purposes, Swiss Re said. In some cases, the medications are...
1,114 hospitals de-empanelled, 1,504 penalised under Ayushman Bharat Insurance scheme
"Suitable actions including de-empanelment of 1,114 hospitals, levying penalty worth Rs 122 crore on 1,504 errant hospitals and suspension of 549 hospitals have been taken against fraudulent entities as reported by the states and UTs," Minister of State for Health and...
SBI General launches exclusive Health Insurance branches across Andhra Pradesh and Telangana
L to R-CS Setty, chairman, State Bank of India, Naveen Chandra Jha, MD & CEO of SBI General Insurance at the launch event of SBI General's exclusive Health Insurance branches across Andhra Pradesh and Telangana in Hyderabad CS Setty, chairman, State Bank of India,...
India recorded over 15 lakh cancer cases in 2024: Govt
``The incidence of cancer is rising steadily in the country – from 13.5 lakh in 2019 to 15.3 lakh in 2024. In 2020, 13.9 lakh cases were diagnosed. The cases spiked to 14.2 lakh in 2021, to 14.6 lakh in 2022, and 14.9 lakh in 2023 .8.2 lakh patients are estimated to...
81pc Indians use Facebook,Instagram and WhatsApp to discover financial products: Report
"The digital platforms play a key role throughout the decision-making journey for specific products, including loans (86 per cent), investments (84 per cent), insurance (78 per cent), and savings (82 per cent), the report stated." said Shweta Bajpai, Director...
Joydeep Saha appointed as MD & CEO of ManipalCigna Health Insurance
Joydeep Saha,MD & CEO of ManipalCigna Health Insurance He has been associated with the company for over seven years, having previously served as appointed actuary and chief officer – Actuarial, Product, Reinsurance, Group Underwriting & Analytics Mumbai: After...
Centre cuts prices of 35 essential medicines
The formulations, which will now cost less, span a wide range of medicines including anti-inflammatory, cardiovascular, antibiotic, anti-diabetic and psychiatric medicines New Delhi: In a move to make medicines more affordable for patients, the National Pharmaceutical...