Investigation Details The Enforcement Directorate (ED) has summoned three independent directors of Care Health Insurance, a subsidiary of Religare Enterprises, in a money laundering investigation. The case involves a complaint…
Star Health and Allied Insurance has reported a remarkable financial performance for the first quarter of 2024, with profits soaring by 1818.72% year-over-year (YOY). The company announced these impressive results…
New India Assurance, the country’s largest general insurer, has announced a 10% increase in premiums for certain health insurance products, effective November 11, 2024. This adjustment aligns with recent changes…
The central government has directed all state administrations to link the health records of beneficiaries enrolled under different health schemes with the Ayushman Bharat Health Account (ABHA) ID in a…
President Murmu Announces Free Medical Treatment for Those Over 70 President Murmu has announced an extension to the Ayushman Bharat scheme, providing free medical treatment for citizens over the age…
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced six pivotal changes to the health insurance claim rules that are designed to benefit policyholders significantly. These changes are…
Non-disclosure of existing health conditions is the main reason for insurers to reject claims. Around 25% of health insurance claims are rejected because the insured had pre-existing conditions like diabetes…
Speeding accounted for seven out of every 10 deaths on Indian roads in 2022 as road fatalities hit a record 1,68,491 with another 4.4 lakh injured, including close to 2…
Industry figures for November 2023 indicate that standalone health insurers have been significant drivers of growth in the non-life insurance sector. According to flash figures released by the General Insurance…
New India Assurance, having surged 50% in the past five trading sessions, has opted for an annual revision of health insurance premiums, moving away from the previous practice of increasing…