The proceeds will be injected into state-controlled firms including...
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New India’s net profit rises almost 6% to Rs372 crore in 3rd quarter
Girija Subramanian, CMD,NIA said,``Our domestic gross direct...
IRDA imposes Rs 1cr fine on Wealthkart Insurance Broking
The IRDA, on Jan 22, has imposed a fine of Rs 1 crore on Wealthkart...
Insurance for All by 2047: Working groups among stakeholders formed to strengthen and implement strategies, says IRDA
Participants in "Insurance for All" Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, explored the necessity of diversifying insurance products and providers to better reflect the diverse demographics of India. Expanding...
Southeast Asia’s InsurTech sector: Needs profitability, customer-centricity and innovation
``To optimize their capabilities and sharpen their customer value proposition, InsurTech firms are exploring innovations across three areas, namely in technology, such as using AI for dynamic pricing and claims management; in product so as to serve emerging, new and...
‘Heal in Rajasthan’ policy to boost medical tourism in desert state
Additional Chief Secretary of the Health Department Shubhra Singh said that due to continuous improvement in health services and availability of treatment at reasonable rates, the possibilities of medical tourism in the state have developed rapidly. Through policy...
Govt directs Reliance General to pay Rs 225 cr to Maha farmers in a week
Shivraj Singh Chouhan ,Union Agriculture Minister On August 22, the Department of Agriculture and Farmers Welfare held a meeting of the National Technical Advisory Committee (TAC). The committee rejected the insurance company's objections to crop-cutting experiments...
Multi-disciplinary team to assess GLOF risks in Sikkim
Relief Commissioner Namratha Thapa said to mitigate the risk of glacial lake outburst floods in future, the government has established a technical committee tasked with reviewing the current status of glacial lakes in the state Gangtok: A multi-disciplinary team will...
Hyderabad-bound helicopter crashes in Pune; 4 occupants survive mishap
The helicopter belongs to Global Vectra company. The cause of the crash is yet to be ascertained Pune: A helicopter flying from Mumbai to Hyderabad crashed in Pune's Mulshi tehsil on Saturday afternoon, police said. All four occupants survived the crash that took...
Ministry of Coal launches national safety portal, targets zero accidents in coal mines
Amrit Lal Meena, Secretary, Ministry of Coal According to the Ministry of Coal, Amrit Lal Meena, Secretary of the Ministry of Coal, highlighted the need for comprehensive safety audits across all coal mines, reaffirming the Ministry's goal of achieving "Zero Accident,...
Rising claims pose challenge for health insurance sector in India: Jefferies
The report indicated that India's non-life insurance sector is experiencing significant shifts, the health insurance segment may face challenges as healthcare costs continue to rise and more consumers claim their insurance, and insurers are grappling with increased...
ICMR-led study estimates 10-year risk of developing heart disease in adults in India
Among the participants having high blood sugar levels, women had an 85 per cent increased risk of getting heart conditions over 10 years, while men were at a 77 per cent higher risk, the researchers estimated. They also said that among the participants who were obese,...
Bancassurance: Bajaj Allianz General ties up with HSBC India
Bajaj Allianz General Insurance and HSBC India have announced a strategic partnership to offer general insurance products and services to HSBC’s vast customer base in India, ``Through this collaboration, we aim to provide comprehensive insurancesolutions to HSBC’s...