(Lto R)- Narendra Kumar Bharindwal, President, IBAI, met with Tapan...
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Startups bridging India’s mental health gap through tech-led innovations
According to the India Mental Health Alliance (IMHA), a staggering...
IRDAI tightens fraud control measures for re/insurers and distribution partners, to be implemented from next Apr 1
All insurers have to share with Insurance Information Bureau (IIB)...
Pvt sector life insurers gain market shares in new business premium and policies sold in FY24
26 private sector life insurers have gained market share over LIC in all three key areas like new business premium, policies and number of policies and number of lives covered under group schemes in FY 24 Indicating higher ticket size of its average...
ICICI Pru Life’s net declines 26% to Rs 174 crore in Q4 FY24
Anup Bagchi, MD & CEO, ICICI Prudential Life Insurance The decline in value of new business margin is primarily on account of the shift in underlying product mix towards unit linked & par (participatory ) from non par business, decline in group term business...
India’s Spice Board tells Everest, MDH to give details of quality checks
Hong Kong this month suspended sales of three MDH spice blends and an Everest spice mix for fish curries. Singapore has also ordered a recall of the Everest spice mix and advised against its consumption New Delhi: India's spice exports regulator has asked MDH and...
Bima Manthan: Panda to address 2-day summit of industry CEOs on Thursday in Hyderabad
Debasish Panda, chairman, IRDAI Narendra Modi led NDA government has identified insurance reforms, like composite license, 100 per cent FDI and allowing Captive insurance, high on its first 100-days agenda if it returns to power. The IRDAI has to prepare industry's...
Health Insurance: IRDAI bans hike in premium for an individual policy holder due to higher claims
In another major decision, the IRDAI's new regulations have clarified that after completion of sixty continuous months of coverage (including portability and migration) in health insurance policy, no policy and claim can be contestable by the insurer on grounds of...
Government establishes task force to address Brain Health issues
In the past three decades, most studies in India have shown a high disease burden for specific diseases including stroke, epilepsy, headache, Parkinson's disease, and dementia, mostly reported for the urban Indian population New Delhi: The Union Health Ministry has...
Health ministry asks states, UTs to act strictly against hospitals involved in illegal transplant
''It should be ensured that a unique NOTTO-ID for both donor and recipient is generated by the hospital from NOTTO website (www.notto.mohfw.gov.in), in all cases of organ transplant, whether from a living donor or deceased donor,'' the letter said New Delhi: The Union...
Health Insurance: IRDAI removes age cap on policies since Apr 1
“Insurers must ensure they offer health insurance products catering to all age groups. They may design products specifically for senior citizens, students, children, maternity, and other groups as specified by the Competent Authority,” stated a notification issued by...
CCPA calls for FSSAI investigation into allegations of Nestle putting sugar in baby products
Nidhi Khare,Consumer Affairs Secretary and Central Consumer Protection Authority (CCPA) chief Asserting that high sugar in baby products raises serious concerns about the potential implications for the health and safety of children in our country. The health and...
Govt plans selling stakes in GIC Re, LIC in FY24/25
“The government has received good feedback in investor roadshows for GIC, and is open to sell its 10 per cent stake in tranches depending on its shares' value,” the official said. The sale of 10 per cent stake in GIC would be done over a period of time, the official...