Covid fuels 29% jump in health premium income for insurers
Covid pandemic has proved to be a boon for insurance companies. With people increasingly taking health cover to meet medical Read more
Insurance News
New strain infects 70 times faster, but is less severe
The omicron variant replicates around 70 times faster than delta and the original Covid-19 strain, though the infection severity is Read more
Omicron may surge in Jan-Feb, mild cases likely
India could see a major surge in Omicron cases during January-February as the variant is expected to outpace the speed Read more
No GST on top-up cover cost employees pay: AAR
The Maharashtra bench of the GST Authority for Advance Rulings (AAR) has held that recovery of an amount towards top-up Read more
Plum partners with Razorpay Rize to offer health benefits
Employee health insurance startup Plum has partnered with Razorpay Rize to offer exclusive group health benefits to early-stage startups. Plum Read more
Bajaj Allianz General Insurance offers ‘Health Prime’ wellness rider
Underlining the importance of preventive healthcare and regular medical screening for a healthy life, Bajaj Allianz General Insurance recently launched Read more
Digit reduces health insurance waiting period for specific illnesses
Digit Insurance announced that it will start offering one of the industry’s lowest waiting periods – of one year – Read more
Embedded value of LIC likely at $150 billion
An actuarial valuation exercise has arrived at a $150 billion embedded value for Life Insurance Corp. of India, the first Read more
LIC acquires 2% stake in BPCL
Life Insurance Corporation of India (LIC) bought 4,38,02,790 equity shares or 2.01% stake of Bharat Petroleum Corporation from 11 June Read more
LIC investment income grows by a robust 16.66% in FY21
LIC recorded a robust 16.66 per cent increase in income from investments (including capital gains) in financial year 2020-21 at Read more