IRDAI may not bring a blanket ban or prohibition on the sale of credit-linked health insurance products. Instead, IRDAI may consider tweaking the mechanism in which credit-linked health insurance products…
IRDAI has clarified that it has permitted general and health insurers to change the base premium by up to +/-5% of originally approved premium rates in order to comply with…
‘Pandemic providing more opportunities than challenges in Health Insurance Segment.’ Health overtakes Motor: Year 2020 will forever be remembered as a decisive, dreadful & most disruptive time in the history.…
Sequoia Capital India backed insurance startup Plum has raised $4.1 million in a bid to provide group health insurance to small and medium enterprises. The recent round of funding for…
West Bengal chief minister extended the benefits of the state health insurance programme Swastha Sathi, which offers cashless treatment benefit up to Rs 5 lakh in private hospitals per family,…
General insurers reported gross direct premium of Rs 15,855.11 crore in October, down 0.42% year-on-year. However, motor insurance, which was going through a challenging period in the last few…
HDFC ERGO General Insurance (HDFC ERGO), India's third-largest general insurance company in the private sector, announces the completion of the merger of HDFC ERGO Health Insurance (formerly known as…
IRDAI has allowed renewal, migration and portability of Covid-specific standard health products - Corona Rakshak, Corona Kavach and Group Corona Kavach policies. IRDAI said Corona Kavach and Corona Rakshak policies…
The premium on health insurance policies have risen by 40-70% for policyholders after insurers hiked rates following a regulatory note to widen coverage and standardise conditions with regard to exclusions.…
The Artificial Intelligence is making inroads in insurance industry. With the technological innovations catching up, the use of AI has the potential to bring a severe disruption in seamless customer…