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IRDAI MINUTES
The old health insurance model sees hospitalisation as an inconvenience, says Narayana Health's Viren Prasad Shetty; bets on managed care modelIt has been close to two years since Narayana Health’s wholly owned subsidiary, Narayana Health Insurance—which has adopted a ‘managed heal...
The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...
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...
From complexity to clarity: How AI is transforming insurance for customersArtificial Intelligence is revolutionizing insurance in India. Customers now start their search online, with AI simplifying complex policie...
“Misselling isn’t just about commissions”: Bandhan Life CEO on insurance reality checkSatishwar B., MD and CEO, Bandhan Life Insurance, discusses the Public Insurance Registry, Bima Sugam, misselling and commissions, in a con...
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...
₹50,000 health claim rejected, policy cancelled for 'an error': User reveals how to challenge and win against insurance companiesInsurance claim rejection: A policyholder's ₹50,000 health insurance claim was initially rejected due to a clerical error, leading to polic...
Swiggy vs Zomato; Lenskart valuation revisedSwiggy’s initial public offering (IPO) anchor portion opens on Tuesday and the public issue on Wednesday. This and more in today’s ETtech T...
ET Explains: Why banks & agents prefer selling traditional savings insurance products over term insuranceBanks and insurance agents often favour endowment policies over term policies because endowment plans offer them higher commissions. These ...
Joshimath subsidence: Irdai ask insurers to expeditiously settle claimsIrdai has asked the insurers to nominate a senior officer at the company level who would act as a Nodal Officer in the affected districts o...
Bima Sugam to be game changer for insurance sector, says IRDAI Chairman PandaInsurance Regulatory and Development Authority of India (IRDAI) chairman Debasish Panda in an interview with PTI said Bima Sugam should be ...
Irdai changes key rules for insurersThe regulator has also decided to allow insurance companies to tap fund raising options, like through the debt market, without prior approv...
Sebi in talks to redefine promoter normsThe Securities and Exchange Board of India (Sebi) is in talks with other regulators on the transition from the traditional concept of 'prom...
1.3 lakh Covid-19 health cover claims in April; 11 lakh in totalOut of 11 lakh claims, 9.77 lakh arose till end of March, outgoing IRDAI chairman Subhah C Khuntia told ET. The claim numbers in April co-r...
Insurers must tell hospitals about cleared claims in 1 hourInsurance Regulator and Development Authority of India (Irdai) has told insurers to communicate their cashless approvals for Covid-19 claim...
Health insurers must decide coronavirus treatment requests within 2 hours: IRDAIThe Insurance Regulatory and Development Authority of India (IRDAI) has issued norms for general and health insurers for quick settlement o...
After a night out with the law books, Irdai gave LIC the green lightThe proposal was cleared on condition that LIC should not step into the promoter’s shoe.
Could NSEL scam have been nipped in the bud? Probably, yesThe aggrieved investors have had to invoke the writ jurisdiction of different high courts.
Irdai increases limit for raising funds on ‘exceptional basis’“For the unlisted company it gives flexibility and higher headroom,” said Ritesh Kumar MD and CEO HDFC Ergo.
Apollo Munich eyes 2-3 bancassurance tie-ups this fiscal"We have got bancassurance partners which would see 2-3 additions by the end of the current fiscal," said Apollo Munich Health Insurance CE...