Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …
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 the framework for functioning of insurance businesses and regulates the relationship between an insurer, its policyholders, its …
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 (UNEP) Principles for Sustainable Insurance Initiative (PSI) to pilot methodologies that insurers can use to implement the recommendations …
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 to reach out to the uninsured in remote areas and asked healthcare providers to devise mechanisms to keep cost of …
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 encephalitis, filariasis and zika virus. Tapan Singhel, manging director & chief executive officer, Bajaj Allianz General Insurance, said India had seen a …
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 recognized as India's largest healthcare. ESIC provides these services through its over 2 thousand facilities that include hospitals, dispensaries and branch …
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. The Irdai had from time to time issued guidelines on standardisation in health insurance and to enhance transparency and uniformity. …
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 it has “conceptual deficits and operational flaws”. The doctors’ body said the rates quoted by the government for various procedures were …
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 Delhi, Punjab and West Bengal, to reject Modicare, officially known as the Ayushman Bharat National Health Protection Mission. …
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 Health Protection Mission (NHPM), including all packages for cardiology, ophthalmology and oncology. The NHPM will not cover conditions that …
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 to an Asset Owners Disclosure Project report. Nine out of ten investment strategies in the insurance industry are still not aligned …
The New India Assurance Company may increase premiums in group health insurance in order to reduce its loss ratios in this segment, said G Srinivasan, Chairman and Managing Director. The company, which is the largest public sector general insurance company, is focusing on claims management and looking to improve claim …
Health insurance claims in Rajasthan under the government’s Bhamashah Swashthya Bima Yojana have shot up dramatically, from Rs 7.5 crore in the first week — the current scheme began on December 13, 2017 — to Rs 20.3 crore in the 17th week, taking the current claims ratio to around 70% …
Choosing from the over 180 health insurance policies offered by the 20-odd health insurers is no easy task. Most customers end up comparing only the prices and opt for a health insurance policy that provides maximum coverage for minimum premium. Apart from price, individuals need to look at a few …
“Why would you buy health insurance while you are young and healthy?” “Get health insurance to save tax” “Aren’t you already covered by your employer?” Different people have different opinions on health insurance. And unless you are part of the minority of people that has insured their health adequately, it’s …
Blame it on relatively unhealthy lifestyles, or bad eating habits A study conducted by State Bank of India General Insurance (SBI-G) has revealed a 26 per cent surge in claims related to kidney diseases, especially among 18 to 35 year olds. SBI has taken into account claims made between 2015-16 …
MUMBAI: If frequent allegations of overcharging and negligence against doctors haven't been an indicator of strained doctor-patient ties, a new online survey has found that nine out of 10 patients didn't trust the healthcare machinery. Hospitals were the least trusted, followed by pharmaceutical and insurance companies, said the survey taken …
COIMBATORE:The city stands on top of the list when it comes to the number of people having health insurance cover, thanks to the growing awareness among citizens for quality healthcare and the new-age finance. According to the National Family Health Survey (NFHS) 2015-16, 75% of the surveyed households in the …
Mumbai: For the first time, HDFC Life and Apollo Munich Health insurance have come together to offer a combined term and health insurance under a single policy. The two insurers have decided to offer their main products Click2Protect and Optima health at a 5% discount through this route. "The Click2Protect …
Thanks to generous government subsidy of up to 8% of the sum assured, private general insurance companies have participated in the revamped crop insurance scheme, Pradhan Mantri Fasal Bima Yojana (PMFBY), with as much or even greater vigour than public-sector insurers. Despite farmers’ contribution being just 1.5-2% of the insured …
CHENNAI: Six months after the oil spill along the coast in Chennai, the Fisheries department officials on Thursday submitted an interim report to the National Green Tribunal. The report said: "As per the directions of the NGT (SZ) Chennai, the joint director of Fisheries (Regional), Chennai has been suitably instructed …
