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IRDAI asks insurers to cover AYUSH treatment in health policies

IRDAI asks insurers to cover AYUSH treatment in health policies

by AIP Online Bureau | Feb 1, 2024 | Health, Indian News, Non-Life, Regulation

With a board-approved policy guidelines for AYUSH coverage and the IRDA has asked the general insurer to give policyholders an option to choose a treatment of their choice between Allopathic Treatment or AYUSH Treatment Hyderabad: In a bid to provide health insurance...

Banks and insurers to lose reprieve from EU’s toughest ESG rule

by AIP Online Bureau | Jan 31, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Reinsurance

The European Parliament and the European Council are moving toward an agreement that banks, asset managers and insurers should be viewed in the same way as other companies when it comes to ensuring that their value chains aren’t subject to environmental or human...

Half- day holiday declared for PSU insurers on Jan 22

by AIP Online Bureau | Jan 19, 2024 | Briefs, Life, Non-Life, Policy

Public sector banks, insurance companies, financial institutions and regional rural banks will remain closed for half day on January 22 due to the Ram temple consecration ceremony in Ayodhya. Earlier in the day, the Department of Personnel and Training issued an order...
Insurers seek to exclude US, UK Ships From Red Sea Coverage

Insurers seek to exclude US, UK Ships From Red Sea Coverage

by AIP Online Bureau | Jan 17, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

“Underwriters are adding clauses saying no US, UK or Israeli involvement,” he said. “Just about everybody is putting something like that in, and many include the words ‘ownership’ or ‘interest’” War risk rates have gone into a frenzy in recent days following the US...

Consulting firm McKinsey agrees to USD 78 million settlement with insurers over opioids

by AIP Online Bureau | Dec 31, 2023 | Eco/Invest/Demography, Health, International News, Non-Life

The insurers argued that McKinsey worked with Purdue Pharma – the maker of OxyContin – to create and employ aggressive marketing and sales tactics to overcome doctors’ reservations about the highly addictive drugs. Insurers said that forced them to pay for...
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