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AIIA signs MoU with GI Council to launch cashless ayurveda treatment across 32 insurance companies

AIIA signs MoU with GI Council to launch cashless ayurveda treatment across 32 insurance companies

by AIP Online Bureau | Feb 10, 2026 | Eco/Invest/Demography, Health, Indian News

The primary benefit of this MoU is the establishment of a cashless treatment facility that spans all 32 insurance companies under the General Insurance Council. This initiative is designed to substantially enhance patient access and affordability, expand...
Banks will pay deposit insurance premiums linked to their risk profile from Apr 1

Banks will pay deposit insurance premiums linked to their risk profile from Apr 1

by AIP Online Bureau | Feb 6, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation

Under the new framework, banks will be assessed using financial and supervisory indicators such as capital strength, asset quality, earnings and liquidity, as well as the potential loss their failure could impose on the deposit insurance fund, the RBI said. Mumbai:...
Insurance joint secretary Goyal shifted out of DFS

Insurance joint secretary Goyal shifted out of DFS

by AIP Online Bureau | Feb 5, 2026 | Indian News, Policy

Parshant K Goyal DFS, headed by secretary M Nagaraju currently doesn’t have an additional secretary nor a joint secretary in its insurance division. Nagaraju is scheduled to retire on May 30, 2026 New Delhi: In a key level change in the central government, Parshant K...
Digit Insurance pays first moisture index-based parametric insurance claim to Rajasthan farmers

Digit Insurance pays first moisture index-based parametric insurance claim to Rajasthan farmers

by AIP Online Bureau | Jan 28, 2026 | Indian News, Non-Life, Reinsurance, Risk Management

The total policy sum insured for excess moisture and drought parametric coverage was Rs 1.5 crore for around 2,200 acres of land spread across four districts: Tonk in Rajasthan and Gorakhpur, Jaunpur and Varanasi in Uttar Pradesh. Bengaluru: Go Digit General Insurance...
Budget-26-27:Improving insurance affordability and access

Budget-26-27:Improving insurance affordability and access

by AIP Online Bureau | Jan 26, 2026 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Reinsurance

Recent policy measures, such as the exemption of insurance premiums from GST, have laid a strong foundation for sectoral growth, and the Budget 026-27, to be presented by Finance Minister Nirmala Sitharaman on Feb1, can build on this momentum through thoughtful,...
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