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GALAXY HEALTH INSURANCE
Claim settlement and grievance redressal related performance will determine the incentives of top executives of insurance companies: IRDAIn a significant policyholder-centric move, IRDAI has linked insurance executive pay to customer-centric metrics like claim settlement and ...
Insurer denies Rs 20 lakh life insurance claim over diabetes non-disclosure; woman fights back and wins; here’s whyA Delhi woman's Rs 20 lakh life insurance claim, denied due to alleged non-disclosure of diabetes and kidney diseases, was upheld by the St...
Less than 24 hours in Hospital? Know about health insurance coverage for day care treatments, surgeries, and emergency proceduresMany policyholders believe health insurance claims require a 24-hour hospital stay. However, modern policies cover numerous treatments comp...
Best ways to find the right health insurance policy: A comparison of ICICI Lombard, HDFC Ergo, Care, Niva Bupa, Tata AIG policiesChoosing a health insurance policy involves more than just premium cost. This comparison of leading Indian insurers highlights key features...
Want higher health insurance coverage through super top-up policy? HDFC Ergo, Aditya Birla, ICICI Lombard, Niva Bupa, Care plans comparedRising healthcare costs necessitate enhanced coverage beyond base policies. Super top-up plans offer this crucial protection, acting as an ...
Are you ready to pay up to 25% higher premium for your health insurance this year? Here are the ways to reduce your premiumHealth insurance premiums in India are rising by up to 25% due to escalating healthcare costs, increased claims, and changing risk profiles...
Why ‘unlimited’ or ‘100% restoration’ benefit in health insurance may not save you from a big hospital bill; here’s what policyholders should knowHealth insurance restoration benefits, often misunderstood as unlimited coverage, restore your sum insured only after it's fully exhausted ...
Will your hospital bills fall with new IRDAI move? Know how policyholders will be impacted with the formation of this new panelPolicyholders facing rising premiums, slow claims, and opaque hospital pricing will soon see changes. IRDAI's new sub-committee aims to sim...
Latest claim settlement ratio of health and general insurers released by IRDAI in 2026: Niva, Acko, Aditya Birla, Galaxy lead; Shriram, IFFCO Tokio fall below 90%Policyholders expect prompt claim settlements from insurers. The article highlights the importance of checking the claim settlement ratio, ...
Galaxy Health Insurance targets Rs 450-crore premium by FY'27, breakeven in 4 yearsGalaxy Health Insurance aims for significant growth. The company targets Rs 450 crore in premiums by fiscal year 2027. It anticipates break...
Prudential, HCL’s Vama to form Indian health insurance venturePrudential Plc and Vama Sundari Investments will launch a standalone health insurance business in India, with Prudential holding 70% and Va...
Paytm shares jump 8% on partnering with Samsung, focus on insurance distributionOne97 Communications, the parent company of Paytm, saw a 8% surge in shares as it announced a partnership with Samsung Wallet. Galaxy smart...
Health insurers leave general insurance industry far behind in growth in FY24The rise of standalone health insurance companies' growth can be credited to larger policy sizes, as they introduce high-value policies wor...
Major changes in insurance regulations — new health insurer Galaxy Health, Bima Sugam, more protection for policyholdersIRDAI has approved eight principle-based regulations at its recently held board meeting. The primary ones include Bima Sugam — an online ma...
Galaxy Health Gets Regulator's NodRegulator gave the licence to Galaxy Health and Allied Insurance to operate health insurance business. The total number of health insurers ...
Galaxy Health gets nod to launch health insurance business, IRDAI also okays setting up of insurance e-marketplaceIRDAI approved Galaxy Health led by V Jagannathan. Star Health had a Rs 618 crore net profit. IRDAI introduced Bima Sugam, likened to ONDC ...
From Star to Galaxy: Jagannathan, 79, to start new health insurance ventureV. Jagannathan, the founder of Star Health and Allied Insurance Company, is launching a new venture in the health insurance sector called G...