As per Bima Bharosa portal of IRDAI, during FY 2024-25, 1,37,361...
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Singapore general insurance market’s gross written premiums rise 8.4% to S$6.09 billion in 2025
Despite the higher claim environment, the domestic segment...
Insurtech startup Plum nets $20 million in Peak XV-led Series B round
The Bengaluru-based company plans to use the fresh capital to...
ICICI Lombard general insurance net profit rises 29% to Rs 747 crore in Q1FY 26
The insurer's Combined Ratio, a key metric that compares claims and expenses to premium income, worsened to 102.9% in Q1FY26 from 102.3% a year ago though, there is fall in the underwriting losses of the company from Rs 346 crore in Q1 FY 25 to Rs 293 crore in Q1Fy...
IRDAI board clears R1 for WestBridge Capital’s KIWI general insurance
The IRDAI is yet to announce range of its board decisions on Monday officially and clarify how it intends to sort out WestBridge's plan to be a majority stakeholder in both, KIWI General Insurance and Star Health Insurance, where a few segments including Health...
Asia Index launches BSE Insurance Index
The BSE Insurance Index is derived from the constituents of BSE 1000 Index that are classified under the insurance industry.This new index can be used for running passive strategies such as ETFs and Index Funds as well as gauging the performance of various sectors in...
Supervision of National Health Claims Exchange may be shifted from NHA to MoF to curb rising healthcare costs, source says
"Strict supervision" of the National Health Claims Exchange - the platform that acts as a gateway between insurers, healthcare providers and patients - will improve the "collective bargaining power" of insurance companies to set treatment rates, the source said NEW...
China’s blistering heat leaves workers exposed as gig economy booms
Almost half of China’s platform workers don’t have any social insurance coverage, and fewer than a third of the total working population have insurance for work-related injuries, research shows. On a scorching morning in Beijing, Hao and a dozen other food delivery...
Maharashtra to come up with separate law for gig workers
Maharashtra Labour Minister Akash Fundkar on Tuesday said 'gig workers' or those who work for online 'platforms' or companies such as Zomato need social security, and the state government will come up with a law for them. Speaking in the legislative council, Fundkar...
Trade unions, farmer bodies to go on general strike on Wed; may disrupt banking, other services
A forum of 10 trade unions has given a 17-point charter of demand. It includes withdrawal of fixed-term employment and scrapping of Agnipath scheme, 8-hour workday, restoration of non-contributory Old Pension Scheme and a minimum monthly penion of Rs 9,000 for the...
Demand for obesity drugs shoots up in India as Lilly, Novo vie for market share
The Indian obesity drug market has grown fivefold since 2021 and is valued at Rs 6.28 billion , according to the research firm. HYDERABAD: Demand for weight-loss drugs is rising at a fast clip in India, where rivals Eli Lilly and Novo Nordisk are competing for market...
425 under surveillance as Kerala battles fresh Nipah virus outbreak
Veena George, Health minister, Kerala Nipah virus (NiV) is a highly fatal zoonotic virus, meaning it spreads from animals to humans. It causes acute encephalitis (inflammation of the brain), respiratory distress, and in many cases, death. Thiruvananthapuram: Kerala...
Delhi govt to launch 4-tier mental health programme for children workers and seniors
The service will be anonymous, accessible and rooted in traditional systems of medicine including Ayurveda, Homoeopathy and Unani, Delhi Health Minister Pankaj Singh said, adding that this will be the first focused mental health initiative under Ayush and it will...