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Rising claims pose challenge for health insurance sector in India, says Jefferies

The health insurance sector may face challenges in the coming months due to rising claims and incre…

ANI   


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4 mins read

Budget 2024: Three things the insurance sector want from FM Sitharaman this budget.

At present, individuals aged below 60 can claim an annual deduction of up to Rs 25,000 towards heal…

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Layer of smog covers Delhi as air quality remains 'very poor'. Here's why you need an insurance cover for this

Delhi experienced poor air quality for the tenth consecutive day after Diwali. The city was covered…

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3 mins read

GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow

The Council is likely to be apprised about the ongoing drive against fake registration, the success…

PTI   


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Union Budget 2024: When will it be presented, what time, where to watch and what are various sectors expecting?

Budget 2024 will be marked by major social and economic decisions, Sitharaman had recently noted in…

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GST council meeting today: Tax on health insurance premiums expected to be reduced, says report

The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…

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Trump's plans to change healthcare could slash insurance for some low-income Americans and retirees

Trump said during his campaign that he'd make changes to the Affordable Care Act. His plans could r…

Allie Kelly   


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‘Was unemployed for months, lost my lease and insurance’: Indian-origin engineer gets offer from Elon Musk’s Tesla, shares journey

An Indian-origin engineer in the U.S. shares his journey of securing a job at Tesla after sending 5…

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Motor insurance premiums register modest growth in October, while health sees a pick up

In October 2023, non-life insurance industry grew at a modest pace of 10% year-on-year. The industr…

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4 mins read

Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline

As the Finance Minister Nirmala Sitharaman prepares to present the full budget for the current fisc…

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3 mins read

Budget 2024 expectations: From removal of security transaction tax to sovereign green bonds

The FY 2025 budget is around the corner and it is expected that Finance Minister Nirmala Sitharaman…

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Govt may infuse capital in PSU general insurers in Q4 based on performance

Finance Ministry would consider capital infusion in three loss-making public sector general insuran…

PTI   


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With $500 billion in reserves, LIC is the world’s fourth largest insurer

Life Insurance Corporation of India (LIC) is the world’s fourth largest insurer based on reserves, …

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3 mins read

Proposed amendments to insurance laws may lead to disputes in health claims, misappropriation: Unions

The Unions also said the proposed amendments does not define the term liability which may lead t…

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1 min read

Abu Dhabi Investment Authority invests ₹665 crore in Aditya Birla Health Insurance

After the investment, Aditya Birla Capital will hold 45.91% stake and Momentum Metropolitan Hold…

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2 mins read

More insurers, capital, distributors and healthy competition required to make insurance for all by 2047

India aims to achieve "Insurance for all by 2047," according to Debasish Panda, the chairperson of …

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4 mins read

Betting on banking and healthcare sectors for steady growth, says Chintan Haria of ICICI Prudential

The investment climate has toughened in the last few weeks, with Israel-Hamas conflict adding to to…