January 2024 - Insurance Times

A parliamentary panel is set to suggest policy measures for the insurance sector to equip it to deal with the impact of natural calamities on large infrastructure projects, people familiar…

Star Health and Allied Insurance is set to increase premium rates for certain individual health insurance plans, with an anticipated rise of approximately 15%. In February, the insurer raised premiums…

Max Healthcare Institute Ltd said it will buy Starlit Medical Centre Pvt Ltd for an enterprise value of Rs 940 crore, thus acquiring the ownership of 550-bed Sahara Hospital in…

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…

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…

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…

The detective department has nabbed an insurance company executive who allegedly changed registered phone numbers of several policy holders of the firm — one of the biggest in India —…

Observing that from five months a foetus in its mother's womb till birth can be treated as equal to a child in existence, a motor accidentclaims tribunal, in perhaps the…

Shares of LIC, surged 10% to hit an eight-month high on expectation of double-digit growth in new business premiums.The insurer is expecting higher growth, chairman Siddhartha Mohanty recently said. Life…

Magma HDI launched the ‘Women’s Motorcycle Rally’ as a part of its insurance awareness campaign “Insurance Edutho?” in Kerala. Magma HDI was appointed the lead insurer for Kerala by IRDAI…