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Industry News

Insurers Offer More Daycare Health Insurance Options

March 26, 2014

Medical insurers in India have increased the number of daycare procedures for which they provide cover – a marked departure…

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Cancer Insurance Claims Rise Sharply

February 11, 2014

Medical insurance companies are reporting more claims by cancer patients, indicating a rise in the incidence of the disease. Every…

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Focus on Large Corporate Accounts Hurting Market Share

February 6, 2014

Public-sector non-life insurance companies are slipping in their market shares as they work to increase their revenues by focussing on…

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Govt-Owned Insurers to Cover Outpatient Medical Treatment

March 7, 2014

Public-sector general insurance companies are planning to join their private-sector rivals in launching healthcare policies offering cashless outpatient department (OPD)…

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India: Mumbai Marathon Organisers Bought US$3.25-mln Insurance

January 20, 2014

The organisers of the Mumbai Marathon, which took place yesterday, bought comprehensive insurance cover INR200 million (US$3.25 million) against event…

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LIC gets Show-Cause Notice from Irda for ‘Misleading’ Ads

January 13, 2014

Regulator against attempts to hardsell earlier products before the Dec 31 deadline Life Insurance Corporation of India has been slapped…

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India: Medical Insurance in Ruddy Health

January 8, 2014

The health insurance sector in India maintains robust growth with total premiums expanding by 17 per cent in the 2012-13…

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Compensation Given to Families of Hindustan Petroleum Blast Victims

January 6, 2014

Families of the workers who died in the Cooling Tower blast in Hindustan Petroleum Corporation Limited (HPCL), Visakha Refinery, on…

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Reliance General Insurance, Royal Sundaram Lost Market Share in FY13

January 4, 2014

Reliance General and Royal Sundaram were the only two private sector general insurance companies that witnessed decline in market share…

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