In an affidavit filed in the court, the FSSAI has said it intends...
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LIC keen on buying stakes in a suitable health insurance company,says CEO Doraiswamy
``We are evaluating various options available in the market, but we...
China charges former AstraZeneca regional head with “unlawful collection of personal information and medical insurance fraud”
a former executive vice president and a former senior employee of...
Universal Sompo launches vision insurance plan
Universal Sompo General Insurance on Thursday launched a vision insurance plan under its Group Health Insurance product. The wellness benefits under the Vision Insurance Plan are powered by VisionSure, which integrates technology with various service providers to...
Allianz and Mukesh Ambani’s Jio Financial may have reached initial deal for 2 Indian insurance JVs
The move comes as the German insurer agreed earlier this week to sell its stake in joint ventures with Bajaj Finserv Ltd. Both Jio and Allianz are in the process of finalizing the ownership structure, said the people who asked not to be identified as the matter is...
UK’s Prudential forms JV with IT major HCL for Health Insurance foray in India
Anil Wadhwani, Chief Executive Officer, Prudential plc The health insurance JV will be led by Amar Joshi (CEO designate), subject to regulatory approval `` Transforming access to healthcare and increasing insurance penetration are strategic priorities for Prudential...
Over 68 lakh cancer treatments done under PMJAY, majority in rural areas: Nadda
J P Nadda,Union Health Minister Those suffering from cancer and are below the poverty line can also avail of a one-time financial assistance of up to Rs 15 lakh, provided under the Health Minister’s Cancer Patient Fund (HMCPF). New Delhi: More than 68 lakh cancer...
Hinduja group’ IIHL completes acquisition of Reliance Capital; mgmt transfer to take place on Wednesday
The journey for value creation would now begin, Ashok Hinduja said, adding that the value of the Reliance Capital business on a conservative basis would be Rs 20,000 crore. IIHL would complete the review of the entire RCAP business and take a call on the fund infusion...
LIC likely to announce its stake buying in a health insurer by Mar 31, says Mohanty
Siddartha Mohanty, MD & CEO, Life Insurance Corporation `Our plans to get into health insurance have made progress. We are now at the final stage and hopeful that a decision will be taken before March 31. We have to also get regulatory approvals and that take...
Religare Enterprises seeks governance review, funding from Burman family
The objective is to review past operating practices, suggest improvements and to identify any potential instances of misconduct by certain current and/or former employees of Religare and its units, the company said in an exchange filing New Delhi: India's Religare...
IDRAI asks insurers to keep their offices opened during Mar 29-31 including Saturday & Sunday
The insurers have to give adequate publicity to the special arrangements made for the last 3 days of the month Hyderabad: Insurance regulator IRDAI has asked all the insurers to keep their offices open as per normal working hours on 29th(Saturday), 30th(Sunday) and...
Parl panel recommends single independent drug controller for AYUSH
It recommended that the reach should cover 50 per cent of Indian states in the coming year and eventually all of the country in the near future to propagate the Ayush System for the prevention and treatment of common ailments New Delhi: A parliamentary committee has...
India advancing with labour welfare, quality employment and social justice: Govt
Sumita Dawra, Secretary, Ministry of Labour and Employment and Gilbert F. Houngbo, Director General, International Labour Organisation(ILO) at ILO meet in Geneva The contribution of India’s flagship institutions and schemes such as EPFO (7.37 crore contributing...