LIC is reportedly in the final stages of acquiring a significant...
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APR 1 Renewals: Indian general insurance industry rejoices with soft pricing, surplus capacity and market discipline
GIC Re and Foreign Reinsurance Branches (FRBs) and IIO reinsurers...
Mediclaim policy amount can’t be deducted from medical expenses compensation: HC
The full bench was hearing an appeal filed by the New India...
LIC posts a record profit of Rs 42,000 from equity trading in FY 2021-22, to focus more on non-par policy
Raj Kumar.MD, LIC, explained that the exercise to determine Indian embedded value as on March 31, 2022 is under progress and is expected to be completed by June 30, 2022. As soon as the exercise is completed, LIC shall make the required public disclosures of the same...
NHA launches public dashboard for Ayushman Bharat Digital Mission
The dashboard also has granular details in relation to number of health facilities like hospitals, laboratories etc registered on a daily basis as well as cumulative till date The public dashboard displays detailed information on the core registries under the mission...
IRDAI approves 8 new insurance players, final licenses soon: Chairman
`Debasish Panda, chiarman, IRDAI The industry has now 56 primary players and 12 foreign reinsurers ``We would like to have many more players including micro insurers, insurtechs, niche and differentiated players who can operate with a much smaller capital and...
Investors richer by over Rs 10.19 lakh crore in 3-day rally
''Indian markets witnessed a smart rally on the back of positive global cues and early arrival of monsoon giving hopes of slowdown in inflation. On the global front, European and Asian markets edged higher following US market rally on last Friday,'' said Siddhartha...
LIC net profit falls 18% to Rs 2,409 crore in Q4 FY2021-22,declares 15% dividend
The corporations' first year premium increased 32.65 per cent to Rs 14,663.19 crore and its renewal premium increased by 5.37 per cent to Rs 71,472.74.05 crore in the reporting quarter NEW DELHI: Life Insurance Corporation (LIC) of India has seen its net profits...
Expand scope of Ayushman Bharat to include middle class: Gehlot urges PM
Rajasthan Chief Minister Ashok Gehlot ''Due to the costly treatment in today's era, apart from the eligible families of SECC, the middle class also needs a scheme like Chiranjeevi Yojana across the country. I request you to increase the scope of Ayushman Bharat scheme...
LIC launches `Bima Ratna’, a non linked, non-participating, individual, savings life insurance plan
The plan is available for a term of 15, 20 and 25 years. premium paying term is 4 years less than policy term. plan provides 25% of basic sum assured as survival benefit at the end of each year for the last two years of policy term (T-2 & T-1) , provided the...
‘Heal by India’ initiative: Govt readying exhaustive online registry of Indian healthcare workers
The healthcare professionals who can register themselves in the portal include practitioners of modern medicine as well as the traditional system of medicine, dentists, nurses, pharmacists and 56 categories of allied health professionals New Delhi: To project India as...
South-west monsoon arrives in Kerala three days ahead of onset, says IMD
The south-west monsoon is considered the lifeline of India's agri-based economy South-west monsoon has set in over Kerala on Sunday, May 29, against the normal date of onset of June 1, India Meteorological Department (IMD) Director General Mrutyunjay Mohapatra said...
Reliance spends Rs 1,185 cr on corporate social responsibility in FY22
During FY 2021-22 (April 2021 to March 2022), Reliance undertook a range of initiatives through its pillars of work including rural transformation, health, education, disaster response along with sports for development initiatives Mumbai: Billionaire Mukesh Ambani's...