Life insurance sees positive growth
The life insurance industry is slowly coming back to normal after second wave of the Covid-19 pandemic. "The industry is doing well. With every passing month, business is improving. Private…
General insurance industry in Singapore to reach $4.2bn in 2025, forecasts GlobalData
The general insurance industry in Singapore is expected to grow at a compound annual growth rate (CAGR) of 5.0% from SGDb4.4bn ($3.2bn) in 2020 to SGD5.6bn ($4.2bn) in 2025, in terms of…
New Life Insurance product from Bharti AXA
Bharti AXA Life Insurance has announced the launch of a new participating savings product - Bharti AXA Life Unnati - that offers four plan options. The 'Whole Life Income' option…
Tata AIA Life Insurance partners with Practo
Tata AIA Life has partnered with Practo to offer online medical consultation (teleconsultation) to new eligible consumers of specified products. Such consumers can book an online consultation with qualified doctors…
Insurtech startup Gram Cover raises $7 million in series A funding
Insurtech startup GramCover said it has raised $7 million co-led by Siana Capital and Inflexor Ventures in a Series A round. The fundraise also saw the participation of Stride Ventures…
Govt plans to invest Rs 100 crore per district to upgrade healthcare infra
The government will invest Rs 100 crore on an average on every district pan-India to upgrade healthcare infrastructure at the block level and provide improved diagnostics, treatment, surveillance and containment…
World faces shortage of syringes as COVID vaccine doses rise
African health officials and the United Nations are warning of a looming shortage of more than 2 billion syringes for mainly low- and middle-income countries around the world as the…
Despite challenges 68 pc healthcare workers prefer to continue in sector: Report
Even as the burnout rate is high following the pandemic, 68 per cent of the healthcare workers said they would prefer continuing to work in the sector as it represents…
Covid related Health Insurance Claims drops
In a relief to General insurance companies, Covid-related health insurance claims have dropped with the second wave of the pandemic. However, there has been a rise in non-Covid-related health claims…
Covid deaths: State should not deny Rs. 50,000 ex-gratia, says SC
The Supreme Court said no state shall deny the ex-gratia compensation of Rs 50,000 to the next of kin of the deceased due to Covid-19 solely on the ground that…