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Business News/Insurance/ News

Insurance News

Economic Survey 2024: Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during the first day of the Parliament's Budget Session. (PTI via Sansad TV screenshot)

FM praises LIC while sharing these IRDAI findings in Economic Survey 2024

2 min read . 22 Jul 2024

ICICI Lombard Elevate, Bajaj Allianze’s Health Infinity Plan, etc are a few health insurance plans with unlimited sum insured. (Pixabay)

Health insurance: Here's how an unlimited sum-insured health plan can help you

2 min read . 06 Jul 2024

ICICI Lombard's Elevate is designed to accommodate the rapidly evolving ecosystem and offers personalised, customer-centric plans that prioritize comprehensive coverage and flexibility.

ICICI Lombard launches AI-powered health insurance plan ‘Elevate’. Details here

1 min read . 03 Jul 2024

The percentage of Health insurance buyers opting for OPD coverage has increased to 20% from 5% in 2021.

Why health insurance with OPD covers are growing popular in India?

2 min read . 02 Jun 2024

IRDAI mandates insurers to clear cashless claims within 3 hours.

Irdai issues circular for insurers to decide on cashless authorisation in 1 hour

3 min read . 30 May 2024

Vinay Dube, founder and chief executive officer, Akasa Air.

Akasa aims to fly to Thailand, Malaysia, Vietnam in 2-3 years: CEO

3 min read . 21 Mar 2024

'One is not entitled to any compensation or refund in case you don't accept alternative travel arrangements' (Pixabay)

Preponing your return air ticket? Here's when you can get a full refund

2 min read . 14 Mar 2024

Supriya Rathi, Wholetime Director, Anand Rathi Insurance Brokers

Insurance for all by 2047: How will it benefit women

2 min read . 07 Mar 2024

14.3 lakh new cancer cases and 9.16 lakh deaths were reported in 2022. Right healthcare insurance plan can help in managing cancer treatment cost.

Which is the right insurance plan to cover cancer treatment expenses?

3 min read . 04 Feb 2024

For this purpose, Ministry of Ayush constituted a ‘Core Group of Experts for Insurance Sector’

IRDAI brings AYUSH treatment under health insurance cover from April 1

1 min read . 02 Feb 2024

A new insurance regulator in town? (iStockphoto)

Health insurance may get a new regulator

3 min read . 29 Jan 2024

SBI Life Insurance launches two new products: The new products are designed to empower customers by catering to the growing awareness of the essential link between insurance and financial well-being.

SBI Life Insurance launches two new products: Features, other details here

2 min read . 24 Jan 2024

Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) 2024: Life cover of ₹2 Lakh in case of death due to any reason (Reuters)

Pradhan Mantri Jeevan Jyoti Bima Yojana: How to apply? Eligibility, details here

1 min read . 04 Jan 2024

Cancer and cardiovascular diseases are the top causes of the claims frequency, says report

Cancer and cardiovascular diseases top global claims frequency: Report

1 min read . 20 Dec 2023

Madras HC tells IRDAI to treat AYUSH treatments the same as Allopathy treatments with regards to reimbursement of expenses.

'Treat AYUSH treatments on par with allopathic,' Madras HC tells IRDAI

2 min read . 06 Dec 2023

Irdai data showed that New India Assurance Company is the largest insurer with a market share of 13.09% followed by ICICI Lombard General Insurance Company (8.67%) and Bajaj Allianz General Insurance Company (7.69%)

Private general insurers expand market share to 53.58% in H1'FY24

1 min read . 26 Nov 2023

Since international travel insurance is supposed to cover majorly your hospitalisation, you should take into account the cost of hospitalisation in the country you are travelling to.

Explained: The importance of travel insurance in a shrinking world

3 min read . 07 Nov 2023

Last year, the government had provided ₹5,000 crore capital to National Insurance, Oriental Insurance and United India Insurance. mint

Oriental Insurance, National Insurance, United India Insurance may get capital infusion in Q4

1 min read . 22 Oct 2023

The gathering addressed the concerns of the insurance industry, (iStockphoto)

Financial services secy meets private insurers, discusses key issues

1 min read . 17 Oct 2023

ManipalCigna Accident Shield comes in three variants (Pixabay)

ManipalCigna Health Insurance launches ManipalCigna Accident Shield

1 min read . 10 Oct 2023

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