In India, insurers can vary health insurance premiums by city based...
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Vulgarity on social media: Centre issues advisory to OTT platforms, self-regulation bodies
In an advisory to over-the-top (OTT) platforms and self-regulatory...
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With REL ownership, Burmans have now stakes in all 3 segments of Indian insurance industry
Burman Group, through its Dabur Invest Corporation, has already stakes in Aviva Life Insurance Company India Limited and Universal Sampo General Insurance New Delhi: After the Burman Group has taken control of Religare Enterprises Limited (REL), the holding company of...
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Delhi’s new govt approves implementation of Ayushman Bharat Yojana
Rekha Gupta,Chief Minister, Delhi At her first presser, Gupta said the previous AAP government did not allow the Ayusman Bharat scheme in the city, preventing the people from availing its benefits. NEW DELHI: The BJP formed its government in Delhi on Thursday after...
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Coastal & Merchant Shipping bills to integrate environmental standards, compliance steps: Sonowal
Sarbananda Sonowal, Union Cabinet Minister. Ministry of Ports, Shipping and Waterways Delivering the valedictory address at the Green Shipping Conclave 2025 here, Sinowal, who is the Union Minister for Ports, Shipping and Waterways, also called for a united approach...
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IRDAI imposes Rs 1cr fine on UIB Insurance Brokers for flouting premium remittance rules
According to the IRDAI, the broker does not have any right over the insurance premiums so that the amounts are timely remitted to the respective parties to ensure the coverage and payment of claims and thus protect the interest of the policyholders. These are the...
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Burmans’ Rs 2,116-crore open offer for Religare gets tepid response
The open offer closed on February 13 and the date of payment of consideration was February 17, the data said New Delhi: Burmans' open offer of Rs 2,116 crore for the acquisition of additional 26 per cent stake in Religare Enterprises Ltd (REL), the holding company of...
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Sumit Sarawgi to lead Oliver Wyman in India
Sumit Sarawgi, India Head, Oliver Wyman, The management consulting industry in India is at the cusp of transformation. Clients today seek agility and innovation that goes beyond traditional approaches,Sumit Sarawgi MUMBAI: Oliver Wyman, a global management consulting...
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IRDAI forms high powered panel under former SBI chief Dinesh Khara to suggest measures for insurance reforms
Dinesh Khara, former chairman, State Bank of India Panel will look into various aspects of Insurance Act 1938 and suggest amendments The other members of the panel are-N. Kannan , former CEO ICICI Prudential Life Insurance, Saurabh Sinha, former executive director,...
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IRDAI unveils Bima-ASBA for issuing life and health policies from March 1
Under Bima –ASBA facility, transfer of money from the prospect to the insurer happens only when policy is issued. Amount towards insurance premium will be debited from the customer's bank only after the insurer decides to accept the proposal. One-time manadate through...
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DFS Secy launches LIC’s new Pension plan
M.P. Tangirala, additional secretary, M. Nagaraju, secretary, financial services, Ministry of Finance, M Jagannath, managing director, LIC at launching ceremony of LIC's new Pension plan LIC’s smart pension plan is a non-par, non linked, Individual/Group, savings, and...
Cancer vaccine for women to be available in five to six months, says Union Minister Jadhav
The vaccine will tackle, breast, oral and cervical cancers New Delhi: A vaccine to fight cancers affecting women will be available in five to six months, and those in the age group of nine to 16 years will be eligible for inoculation, Union Minister Prataprao Jadhav...