Expanding Health Coverage for Elderly Citizens with Ayushman Vaya Vandana Card Key Points: Prime Minister Narendra Modi launched the Ayushman Vaya Vandana Card under the Ayushman Bharat scheme, offering free…
IRDAI to Strengthen Resources with 120 New Assistant Managers Over Three Years Key Points: The Insurance Regulatory and Development Authority of India (IRDAI) will expand its workforce by hiring 120…
Strategic Acquisition to Meet Rising Demand for Risk Consulting in the Indian Market Key Highlights: Lockton received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to acquire…
Steady Premium Growth Amid Profit Decline and Cybersecurity Strengthening Efforts Key Highlights: Star Health and Allied Insurance reported an 11% drop in Profit After Tax (PAT) to ₹111 crore for…
Strong Growth Driven by Sales Increase and Operational Efficiency Key Points: Go Digit General Insurance’s net profit rose by an impressive 223.11% in Q2 2024, reaching ₹89.47 crore. The company's…
Key Highlights: Traffic violations in India now influence car insurance premiums, with repeat offenses and severe violations incurring higher costs. Over-speeding, drunk driving, and other common offenses carry hefty fines…
Key Points: Allianz aims to exit its joint ventures with Bajaj Finserv after 20 years, potentially cashing out multi-billion dollar stakes. The exit options include a buyout by Bajaj or…
Key Points: Jio Financial, led by Mukesh Ambani, and German insurance giant Allianz SE are in early talks to establish life and general insurance joint ventures in India. Allianz may…
Key Points: State Consumer Disputes Redressal Commission of Chandigarh upholds Rs 1.35 crore payout to family of Gaurav Sharma, who died due to Covid-19. Gaurav Sharma had made his premium…
A New Era in Senior Citizen Healthcare: Comprehensive Insurance with No Upper Age Limit Key Points: Narayana Health introduces an affordable health cover of up to Rs 1 crore for…