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18% GST on re/insurance premiums of retail Life and Health covers removed from Sept 22, insurers have to pass on benefits to customers: Sitharaman

18% GST on re/insurance premiums of retail Life and Health covers removed from Sept 22, insurers have to pass on benefits to customers: Sitharaman

by AIP Online Bureau | Sep 3, 2025 | Eco/Invest/Demography, Health, Indian News, Life

“We have decided to remove 18 per cent GST from all individual Life and Health Insurance to make them affordable for common man and widen country’ insurance coverage. The exemption on Health Insurance will also cover family floater. The reinsurance premium...

India on brink of health crisis, surge in diabetes, heart disease and cancer: Doctors sound alarm

by AIP Online Bureau | Aug 23, 2025 | Eco/Invest/Demography, Health, Indian News, Policy

“Our ultimate goal should be universal healthcare. While India has progressed, disparities persist. We need strong ethical practices and regulatory courage, particularly in drug pricing and hospital costs, to make healthcare equitable,” Dr DS Rana,...
APAC Employee Benefits Strategy: Health and productivity as top priorities

APAC Employee Benefits Strategy: Health and productivity as top priorities

by AIP Online Bureau | Aug 19, 2025 | Articles, Eco/Invest/Demography, Intermediaries, Non-Life, Workplace/Employee Benefits

“As organisations navigate economic uncertainty and rising employee expectations, the ability to deliver personalised, equitable and cost-effective benefits is a strategic differentiator,” said Tim Dwyer, head of Human Capital for APAC at Aon Aon plc has...
Centre pushes financial inclusion with insurance, health schemes for all

Centre pushes financial inclusion with insurance, health schemes for all

by AIP Online Bureau | Aug 18, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Life, Non-Life, Policy

Pankaj Chaudhary,Minister of State for Finance According to the minister, to streamline access, the government has also launched a Jansuraksha portal with detailed information on the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and the Pradhan Mantri Suraksha Bima...
PB Fintech’s net profit increases 42% Rs to 85 crore, revenue up 33 % to Rs 1,348 cr in Q1 FY26

PB Fintech’s net profit increases 42% Rs to 85 crore, revenue up 33 % to Rs 1,348 cr in Q1 FY26

by AIP Online Bureau | Jul 31, 2025 | Health, Indian News, Life, Non-Life

The company’s insurance premium grew 36%, led by a 65% rise in new health insurance policies New Delhi: PB Fintech reported a 40% rise in first-quarter profit on Thursday, as more consumers turned to digital platforms for insurance products. The company posted a...
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