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CLAIM SETTLEMENT RATIO IN HEALTH INSURANCE
LIC rejects five life insurance claims saying policyholder hid diabetes: Court finds disease diagnosed only after buying the policies; orders over Rs 60 lakh payoutLIC rejects five life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redressal Commission has ordered LI...- 5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...
- Oriental Insurance rejects mediclaim saying policyholder's hospitalisation wasn't necessary: Court says doctors, not insurers, decide medical necessity; orders over Rs 2 lakh payoutOriental Insurance rejects claim saying hospitalisation wasn't necessary: A Delhi consumer commission has ordered Oriental Insurance to pay...
- Motor insurance: Consider issuing circular standardising cross-border coverage clauses, SC to IRDAIThe Supreme Court on Monday asked IRDAI to consider issuing a master circular to standardise cross-border coverage clauses in motor insuran...
- NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
- HDFC Life rejects Rs 50 lakh insurance claim over two existing policies: Widow wins after court finds the proposal form never asked about other insurers; full payout orderedHDFC Life rejects Rs 50 lakh insurance claim over two existing policies: A Kurnool consumer commission has ordered HDFC Life Insurance to p...
- UK Court orders Raj Kundra to pay $4.94 million to EMVThe dispute related to a 11.7% stake that Kundra's Kuki Investments Ltd held in Mauritius-based EM Sporting Holdings, the EMV subsidiary th...
- ICICI Lombard denied health insurance claim, stating the policy was cancelled; policyholder wins the case in consumer court, here’s whyAn insurer's appeal was dismissed by the Delhi State Consumer Commission. ICICI Lombard failed to submit its written statement within the l...
- Explained: Why ICICI Lombard shares tumbled 15% in their biggest fall since the COVID crashICICI Lombard shares fell sharply to hit a 52-week low on Thursday after its June-quarter earnings missed estimates, prompting brokerages t...
- ICICI Lombard General Insurance shares tumble 15% after Q1 profit takes a hitICICI Lombard shares tumbled 15% after the insurer reported a 46% YoY decline in Q1 FY27 net profit to Rs 403 crore, hit by large fire clai...
- Buy, Sell or Hold: Motilal Oswal downgrades ICICI Lombard; JM Financial upgrades Billionbrains Garage VenturesBrokerages adjusted stock ratings following recent quarterly earnings reports. JM Financial upgraded Groww to Buy after strong Q1FY27 perfo...
- ICICI Lombard Q1 profit slumps 46% to Rs 403 crore on fire claims, SC verdict impactICICI Lombard's net profit fell 46 per cent in the June quarter. This decline resulted from two large fire insurance claims. A Supreme Cour...
- ICICI Lombard Q1 Results: Profit falls 46% on commercial insurance slowdown, higher claimsICICI Lombard reported a dramatic forty-six percent drop in profit for the first quarter, attributed to a downturn in commercial insurance ...
- Life insurers seen posting mixed Q1 nos, health players likely to outperformLife insurers anticipate slower premium growth amid economic uncertainty and geopolitical tensions. Health insurers are poised for strong p...
- Input tax credit relief for companies on staff cars, insurance likelyCompanies may soon claim input tax credit on employee vehicles. Group health and life insurance policies for staff are also included. The G...
- Parental health coverage in group insurance: Why opting out of it can be a costly mistakeA large number of senior citizens find it difficult to get individual insurance covers. Insurers may charge higher premiums or decline cove...
- Gujarat to provide Rs 6,800 assistance to all flood-affected families in Surat: Deputy CM Harsh SanghaviGujarat's Deputy Chief Minister announced expedited flood relief measures for Surat city. Financial assistance for household items has reac...
- Alliance Insurance Brokers helps settle Rs 1,100-crore health insurance claims in FY26Alliance Insurance Brokers settled over 1.5 lakh group health claims in FY26. The company disbursed a total of Rs 1,100 crore for these cla...
- Why NRIs are re-evaluating health insurance for parents in IndiaRising healthcare expenses in India necessitate reassessment of parental health insurance. Many existing policies offer insufficient covera...
- Cashless health insurance claim rejected? You may still get your claim settled; here’s howCashless health insurance claims are often rejected due to documentation or procedural issues, not outright denial. Understanding the reaso...
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