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Bengal pulls out of Ayushman Bharat

Ayushman Bharat scheme in West Bengal was merged with Mamata’ Swasthya Sathi health scheme, where the state government provides for 40 percent of the total cost.

Joseph Panel suggests measures to accord chartered institute status on IIISLA

There is a need to work with all the members of the IIISLA in a coherent manner to design a well-laid governance system to carry out the objects of its present Articles of Association and gain credibility, essentially required for the institute as well as for the profession of survey and loss assessment, suggest the report.

The total amount of domestic insurance claims paid (excluding health segment) has grown by 5.6% and 16.7% over the last two years. The growing volumes of non-life business and the increasing number of claims demand existence of qualified professional surveyors to examine, measure, assess the losses and report to insurers for speedy settlement of claims.

3 out of 9 foreign reinsurers in India record a net profit of Rs 70 cr in 2017-18

The IRDAI , in view of the recent developments in the reinsurance scenario in the country, has carried out a comprehensive review of the extant reinsurance framework in concurrence with the dynamic needs of the industry. The new architecture will strive to act as a catalyst in India’s journey to establish as a global reinsurance hub, in near future.

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