Insurers News

News

Health Insurers Split With US Over Relief After Cyberattack

Health insurers and US government officials are expected to meet next week to hash out differences over how to assist cash-strapped medical practices, as a cyberattack last month continues to hold up billions of dollars in payments.

5 min read16 Mar 2024
Insurance

New solvency norms for insurers on cards

Irdai’s plans come at a time many insurers have solvency ratios just above the minimum limit of 150%

1 min read18 Sep 2020
Opinion

Opinion | Why we need state-owned general insurers

With every natural calamity or economic crisis, markets have looked up to state-owned enterprises to pitch in. The situation today is no different. And the general insurers have always risen to the occasion

6 min read19 Jul 2020
Companies

Covid threat to equities’ lifeline

Bajaj Allianz MD Tarun Chugh says the pandemic has hit market-linked plans moreThe fall in collections may prompt life insurers to deploy less capital into the equity markets this year, say market watchers

2 min read13 Jul 2020
Money

Insurance companies to offer standard covid-19 health policies from 10 July

Insurers will have to offer the indemnity policy starting 10 July and Irdai has suggested offering the benefit-based policy around the same time as well.The minimum entry age for both the policies shall be 18 years and the maximum is 65.

6 min read27 Jun 2020
Money

Telemedicine now covered under health insurance policies

Telemedicine is the usage of electronic or digital media for the distribution of healthcare services, especially when the patient and doctor cannot be physically present with each other.

2 min read12 Jun 2020
Money

Insurers want standard covid-19 treatment cost

But hospitals say coming up with fixed rates not possible due to variation in casesWith no cap on costs and low footfall in hospitals, insurers are worried that hospitals may end up over-billing

6 min read21 May 2020
Companies

Relief for businesses that were at risk of losing property cover

One-time relaxation is given to policyholders whose property is unoccupied on or after 25 March till 3 MayInsurers want businesses to ensure adequate safety and security in their premises

1 min read29 Apr 2020
Companies

Mixed reactions to Irdai asking insurers to refrain from paying dividend

Experts are of the view that the Irdai decision will affect the shareholders of listed insurance companiesThe dividend pay-out restriction also applies to the LIC

2 min read25 Apr 2020
Money

Irdai ensures the financial stability of insurers

If a company is financially unstable, Irdai does not allow it to sell policies until its financial health is restored

1 min read22 Mar 2020
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