The Insurance Regulatory and Development Authority of India (IRDAI) has issued a directive urging insurance companies to integrate their IT systems with Digilocker, a secure cloud-based platform for storing and…
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced new timelines for various services provided by insurance companies, aimed at improving accountability and customer service. The key change…
Kotak General Insurance has officially rebranded itself as Zurich Kotak General Insurance following the acquisition of a 70% stake by Zurich Insurance Group, marking a significant shift in India’s general…
Anand Roy, CEO and Managing Director of Star Health and Allied Insurance, has voiced support for a reduction in the Goods and Services Tax (GST) on health insurance premiums from…
Of the 120 govindas hospitalized after being injured while forming tall human pyramids during Dahi Handi on August 27, only four have submitted insurance claims. Many injured participants, covered under…
The Goods and Services Tax (GST) Council is set to discuss four possible options regarding the tax treatment of health insurance in its upcoming meeting on Monday. These options could…
The Finance Ministry has issued instructions for the swift settlement of insurance claims for those impacted by the recent floods in Andhra Pradesh and Telangana. Finance Minister Nirmala Sitharaman emphasized…
A Surge in Claims Due to Seasonal Diseases The health insurance sector in India is witnessing a significant rise in claims due to seasonal infectious diseases. According to recent data,…
PhonePe Unveils Pre-Approved Term Life Insurance to Boost Financial Inclusion Key Points: PhonePe launches a pre-approved term life insurance feature. The new offering eliminates the need for income proof at…
State Consumer Commission Orders United India Insurance Co Ltd to Compensate Policyholder In a significant judgment that underscores the importance of adhering strictly to policy terms, the State Consumer Commission…