Editorial – IT February 2025
As Budget 2025 approaches, the insurance industry is looking forward to reforms that can address critical gaps, promote financial inclusion, and drive growth in this vital sector. Here are some…
From the Editors Desk _ Dr. Rakesh Agarwal
Parametric Insurance – Revolutionizing Risk Coverage in India India’s insurance industry is undergoing a transformation with the rise of parametric insurance, a solution that simplifies risk coverage and offers quick…
Insurance Industry Analysis
Overall Performance 1. Gross Direct Premium (Within India): The gross premium grew by 76%, from Rs.2,56,894 crore in 2022-23 to Rs.2,89,683 crore in 2023-24. Public sector insurers showed modest growth at 88%,…
How to Choose a Health Insurance Plan that Fits Your Evolving Needs
A recent report by Apollo Hospitals, one of India's leading healthcare groups, paints a concerning picture of the nation's health. Released in April, the report dubbed India the “cancer capital of the…
ManipalCigna Sarvah Plan Health coverage of India’s ‘missing middle’
ManipalCigna Sarvah Plan Health coverage of India's 'missing middle' The Manipal Cigna Sarvah plan comes in three variants: Sarvah Pratham, Sarvah Uttam and Sarvah Param, with three kinds of benefits…
Rural Resilience: Bharat sees surge in insurance adoption
Awareness about the benefits of insurance cover appears to be growing in rural India. A recently released survey by the National Bank for Agriculture and Rural Development (Nabard) on financial…
3rd IIA Annual Event Agenda Theme – Pathways to Inclusive Insurance: A Vision for 2047
November 20th, 2024 Venue - Jio World Convention Centre, Bandra Kurla Complex, Mumbai Media Partner : The Insurance Times The 3rd Annual Event of the India InsurTech Association (IIA), held…
LIC Eyes Strategic Stake in Health Insurance, Explores Investment in ManipalCigna
The Life Insurance Corporation of India (LIC) is reportedly exploring a foray into the health insurance sector through a strategic investment in a standalone health insurance company. As rumors swirl,…
TVS’ Venu Srinivasan and Star Health Founder Launch Galaxy Promise: A New Health Insurance Product
Venu Srinivasan, Chairman Emeritus of TVS Motor, and V Jagannathan, Founder of Star Health and Allied Insurance, have unveiled Galaxy Promise, the first product from their newly formed joint venture,…
Do smoking and drinking impact your health insurance?
Fifty- Six- Year- Old Ravi Sinha (name change) was taken aback when his insurance provider denied coverage for complications related to his liver cirrhosis, despite his long history of paying…