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India’s medical tourism market expected to touch $58.2 billion by 2035

by AIP Online Bureau | Jul 19, 2025 | Data, Eco/Invest/Demography, Non-Life, Policy

Notably, recommends enabling insurance portability by collaborating with international insurance providers to include Indian hospitals in their coverage networks, arguing that this could reduce financial barriers for foreign patients and make India a more viable...

India’s insurance sector to see slower growth due to muted auto sales and weak corporate health renewals: Report

by AIP Online Bureau | Jul 18, 2025 | Data, Health, Non-Life

“We expect slower industry growth largely due to a slowdown in motor sales…… Retail health expanded 9.8 per cent YoY while group remained flat at -0.1 per cent YoY dragged by lower corporate policy renewals.” New Delhi: The insurance industry in India is...
Unhealthy Indian Workforce: Chronic illness hits by 40, 1 in 5 employees seek mental health support

Unhealthy Indian Workforce: Chronic illness hits by 40, 1 in 5 employees seek mental health support

by AIP Online Bureau | May 29, 2025 | Articles, Health, Non-Life, Risk Management, Technology, Workplace/Employee Benefits

If left unaddressed, rising rates of chronic illness, mental health struggles, and unresponsive benefits systems will erode productivity, retention, and long-term growth. The data reveals an urgent need for integrated, preventive, and inclusive healthcare strategies...
LIC net profit rises 38 % to Rs19,013 crore in Q4FY25, health insurance venture in next 2/3 months, says CEO

LIC net profit rises 38 % to Rs19,013 crore in Q4FY25, health insurance venture in next 2/3 months, says CEO

by AIP Online Bureau | May 27, 2025 | Health, Indian News, Life, Regulation

Siddhartha Mohanty, CEO & M D, Life Insurance Corporation On the proposed health insurance joint venture, Siddhartha Mohanty, CEO & M D, LIC, said, “ We are yet to finalise our plans to foray in to health insurance. The proposal has to be taken to the board,...
GIC Re’s net profit falls 17 % to Rs 2,183 cr, gross premium rises 20 % to Rs 10,367 cr in Q4FY25

GIC Re’s net profit falls 17 % to Rs 2,183 cr, gross premium rises 20 % to Rs 10,367 cr in Q4FY25

by AIP Online Bureau | May 26, 2025 | Indian News, Non-Life, Reinsurance

GIC Re board, which met on Monday to finalise its results, has declared a record dividend of Rs 10 per share(or 200 per cent) with a face value of Rs 5 Mumbai: With higher underwriting losses and combined ratio , state owned GIC Re’s net profit has fallen by 17...
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