The Insurance (Amendment) Bill, 2021
The Insurance (Amendment) Bill, 2021 was introduced in Rajya Sabha by the Minister of Corporate Affairs, Ms. Nirmala Sitharaman, on March 15, 2021. The Bill amends the Insurance Act, 1938. The Act provides
Insurance Industry
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Insuring the climate transition: Enhancing the insurance industry’s assessment of climate change futures
This report focuses on the risk manager and insurer roles of the insurance industry. Over the past year, 22 leading insurers and reinsurers have collaborated under the auspices of UN Environment Programme’s
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Insurance companies should reach out to remote areas to increase health coverage: IRDAI
NEW DELHI: Raising concerns over low penetration of health insurance, especially in the hinterland, and high ‘out of pocket’ expenditure on health, the insurance regulator has urged private insurance providers
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BajajAllianz General Insurance launches M-Care against vector borne diseases
Bajaj Allianz General Insurance has launched M Care, a health insurance product that offers protection against seven common mosquito borne diseases namely dengue, malaria, chikungunya, kala azar, Japanese
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India's largest healthcare organization reckons the community service of IFRF as unparalleled
The Employee State Insurance Corporation (ESIC) is chartered by the Indian government to deliver insurance and healthcare benefits to over 20 million private and public-sector employees and therefore is
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Irdai for minimising exclusions in health insurance policy
In a significant consumer-friendly move, insurance regulator Irdai today said it has started the exercise to minimise the number of illness/diseases which are not covered under the health insurance policies.
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New health scheme flawed: IMA
Warns that low rates for procedures will compromise patient safety The Indian Medical Association (IMA) has demanded a review of the Centre’s ambitious National Health Protection Scheme (NHPS), saying
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Odisha junks ‘Modicare’ for Biju health scheme
BHUBANESWAR: The Odisha government said on Thursday it would not implement Modicare because its own health scheme, announced on Tuesday, was better than the former. The state is now the fourth, after
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Pre-authorisation must for nearly half of all treatments under NHPM
Model tender documents for showcasing health insurance scheme released Pre-authorisation will be mandatory for 636 of the 1,350 packages – or 47 per cent of all treatments covered under the National
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Got it covered? Insurance in a changing climate
The insurance industry, a sector with assets worth around USD 15 trillion, needs to urgently step up its low-carbon investments and prepare its portfolios for climate-related financial risks, according