PMLA court takes cognisance of ED case against Religare chair Rashmi Saluja, advocate Pratap VenugopalA Mumbai court has taken cognisance of a money laundering case filed by the Enforcement Directorate. The complaint names former Religare ex...
Should you buy OPD cover in health insurance? Over 40% of healthcare costs are paid out-of-pocket in IndiaOPD cover in health insurance addresses out-of-pocket expenses for doctor visits, diagnostics, and medicines without hospitalization. While...
Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...
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...
Viksit Bharat will be built on capability, not just cost advantage: Hemant Jhajhria of KPMG IndiaIndia is at a pivotal moment in global manufacturing. Micro, Small, and Medium Enterprises are key to this transformation. They must shift ...
NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
IRDAI misses to measure average sum assured per policyholder in its annual reportWhen IRDAI defines success as premium collected, and the industry maximises commissions by selling products that collect maximum premium pe...
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...
Pick your own health cover: How custom plans work and their hidden downsidesA health plan consists of a base plan and riders or add-ons. Earlier, the base plan comprised fixed features that could not be changed, and...
Not happy with your health insurer? How portability helps you switch without losing benefitsFeeling let down by your health insurance? Portability allows you to switch providers without losing benefits like waiting period credits a...
Leaderless and lagging: India's insurance overhaul stalls without Irdai head since MarchIndia's insurance sector faces stagnation. Major reforms are delayed after the Irdai chairman's departure. Initiatives like Bima Sugam, Vis...
Irdai directs insurers to fast-track claim settlement process due to BiparjoyThe insurers have been advised to communicate the nomination of a senior executive in each affected state / UT to the Chief Secretary/Offic...
Irdai to hold open house for insurtech, fintech on 15th of every monthThe open house would be held at the Head Office of Irdai in Hyderabad from 11.00 AM to 1.00 PM on 15th of every month, it said, adding that...
‘Delay in naming IRDAI head causing disruption in India's insurance sector’Insiders claim that the backlog of crucial policy considerations as well as routine clearances are getting delayed even as companies themse...
IRDAI sets up panel on governance at insurersThe Insurance Regulation and Development Authority (IRDAI) said on Thursday that a peer review of its current guidelines on corporate gover...
Irdai forms panel for reinsurance framework reviewThe Insurance Regulatory and Development Authority of India (Irdai) has notified various regulations, guidelines, and circulars over the ye...
Vijayan to open Irdai office in Mumbai on October 1The 5,000-sqft office is the Royal Insurance building near Churchgate and is rented out by the Kolkata-based National Insurance Company.