Bank of Baroda plans to list life arm in next fiscal
Bank of Baroda is considering an initial public offer (IPO) of its insurance arm IndiaFirst Life in the next financial year. BoB holds a 44% stake in IndiaFirst with Union…
Life insurers pay out Rs. 11000 crore in Covid-19 death claims
Life Insurers have so far shelled out Rs. 11,060.5 crore to settle Covid-related death claims, a huge chunk of which came this financial year when the second wave ravaged through…
Private insurers give thumbs up to PB Fintech
Private life insurers made a beeline to participate in the anchor investor segment of the IPO of PB Fintech, which operates online insurance marketplace Policybazaar and credit comparison portal Paisabazaar.…
Star Health IPO: RJ-backed issue to open : Worth subscribing?
The Rs 7,249-crore IPO by Star Health & Allied Insurance Company (Star Health) is set to hit the market. On the block is a fresh issue of Rs 2,000 crore…
Omicron: Centre issues advisory
Central government on directed states and union territories to increase vaccination coverage amid concerns over the potentially more contagious new Omicron variant of coronavirus detected in some countries recently. Apart…
Ayushman Bharat set for recast with faster reimbursement, incentives for hospitals
Ayushman Bharatthe world's largest public health insurance scheme, is set for a recast with the objective of bringing more private hospitals on board to increase its foothold. The National Health…
India, World Bank sign agreement to strengthen health systems in Meghalaya
The Indian government and the World Bank have signed a $40 million project to improve the quality of health services in Meghalaya and strengthen the state's capacity to handle future…
Niva Bupa Health Insurance new campaign
Niva Bupa Health Insurance (formerly known as Max Bupa Health Insurance), one of India's leading standalone health insurers, has just announced a campaign, titled 'Zindagi Ko Claim Kar Le'. This…
Surge in non-Covid health cover claims
In a breather to non-life insurance companies, Covid-related health insurance claims have dropped with the ebbing of the second wave of the pandemic. However, there has been a rise in…
Govt must expand health cover to the missing middle: Niti Aayog
The government can expand Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) coverage to the poorest segments of the missing middle population, and leverage the scheme's infrastructure to offer a…