IRDAI mulls longer-tenure general insurance products
IRDAI is said to be exploring general insurance products with longer tenures and has written to the general insurance companies in this regard and formed a working group as well…
IRDAI doesn’t renew licence of Rothshield TPA
IRDAI has not renewed the licence of Mumbai-based Rothshield Insurance TPA for not complying with minimum business requirements by the regulator.In an order, IRDAI directed Rothshield TPA to remove the…
Tata AIA ties up with Medix to offer specialised ‘Critical illness’ services
Tata AIA Life Insurance, has partnered with Medix, a global company specialising in medical management solutions, to provide TATA AIA customers with access to a local and global network of…
SC rules consumer forum can’t order forensic test of surveyor’s report
The Supreme Court on Tuesday ruled that a consumer forum is primarily concerned with an allegation of deficiency in service and cannot subject the surveyor's report to forensic examination. A…
Future Generali offers health cover to LGBTQIA+, live-ins
Future Generali India Insurance Company has launched a new health policy, which extends the definition of family to cover the LGBTQIA+ community and live-in partners. The company said its new…
Dengue patient given mosambi juice in drip
In a bizarre incident, mosambi juice was administered to a dengue patient in a hospital instead of platelets. The patient has died after the erroneous transfusion. The incident has been…
Bajaj Allianz’s new global health insurance policy
Bajaj Allianz has recently launched its ‘Global Health Care’ product, which pays for medical expensesincurred within India as well as overseas. Global health insurance policies not only cover medical emergencies…
Former AIIMS Director cautions against new Omicron variants in India
New, emerging variants of the Omicron have sparked attention once again and people are being reminded that COVID is not yet wiped out, even though most of Omicron infections reported…
Kerala health spend, highest in India
The per capita health expenditure is the highest in Kerala at Rs 9,871, almost four times the national average of Rs 2,100, indicating that the cost of healthcare in the…
IRDAI proposes conditions for private equity funds in insurance companies
An exposure draft released by IRDAI has proposed to allow private equity (PE) funds to come in as promoters of insurance and reinsurance companies, with certain conditions, including that the…