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National consumer commission fines Apollo Hospital, Chennai, its two doctors Rs 30 lakh

by AIP Online Bureau | Mar 5, 2024 | Health, Indian News, Risk Management

According to the complaint, the patient underwent spinal surgery on April 20, 2015, at Apollo Specialty Hospital in Chennai but never regained consciousness due to the negligence of the hospital and doctors New Delhi: The National Consumer Disputes Redressal...
Star Health settles 1cr claims for over Rs 44,000 cr since 2006

Star Health settles 1cr claims for over Rs 44,000 cr since 2006

by AIP Online Bureau | Mar 5, 2024 | Health, Indian News, Non-Life, Technology

Anand Roy, MD and CEO, Star Health Insurance With rapid medical advancements, patients have seen a reduction in the average length of stay in hospitals by up to 20% since 2008. However, the average claim size has seen a four-fold jump, indicating significant medical...
Committee of Creditors asks Hindujas to complete RCap resolution by March end

Committee of Creditors asks Hindujas to complete RCap resolution by March end

by AIP Online Bureau | Mar 5, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life, Regulation

COC, in an official communication, through its lawyer Luthra and Luthra, on Monday, has further asked IIHL to provide all necessary information, documents and cooperation to obtain the pending regulatory approvals, especially from the Indian insurance regulator IRDAI,...

Hacker forum post claims UnitedHealth paid $22 mln ransom in bid to recover data

by AIP Online Bureau | Mar 5, 2024 | Eco/Invest/Demography, Health, International News, Technology

The break-in at UnitedHealth’s Change Healthcare unit, which has sparked disruption across the United States, has been the object of online intrigue. Blackcat claimed last week that it had stolen millions of sensitive records in the hack, only to quickly delete...

Miller appoints Frédérique Champvillard as Head of Operations in Asia

by AIP Online Bureau | Mar 5, 2024 | Briefs, Intermediaries, Non-Life, Reinsurance

Miller, an independent specialist (re)insurance broker, announced the appointment Frédérique Champvillard as head of operations in Asia. Frédérique brings over 30 years’ experience across the insurance and reinsurance industry, most recently as managing director and...
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