News
Digital Tools To Speed Up Health Insurance Claims
6+ hour, 13+ min ago (349+ words) Hyderabad: Digital tools aimed at making health insurance claims faster and more transparent were reviewed at the National Health Claims Exchange (NHCX) Innovation Meet held at the Indian Institute of Technology Hyderabad (IIT H) on Saturday. Other innovations focused on digitising…...
BillDesk To Acquire Worldline India's Payments Business
1+ week, 3+ day ago (184+ words) BillDesk To Acquire Worldline India's Payments Business'Deccan Chronicle Mumbai: Digital payments company BillDesk has entered into a definitive agreement to acquire the India payment businesses of French payments firm Worldline While BillDesk did not disclose the transaction value, reports pegged…...
Health Insurance Today: Balancing Rising Costs and Real Coverage
1+ mon, 3+ day ago (839+ words) Healthcare expenses often come unannounced and can place a significant burden on your finances. There is no way to predict when a person may have to undergo expensive medical tests or get hospitalised for an emergency. With the increasing healthcare…...
CS Plans Insurance for All in AP by 2047
2+ mon, 2+ hour ago (202+ words) The CS directed Finance department to issue instructions to departmental secretaries and district collectors to run large-scale public awareness drives for popularising insurance among people. Vijayawada: Chief secretary (CS) K. Vijayanand on Wednesday said efforts are being intensified to provide insurance…...
Insurance Companies Q3FY26 Preview: GST Cuts To Drive Growth But Profitability To Be Under Pressure
2+ mon, 1+ day ago (378+ words) Term insurance products are expected to be the key beneficiary of the GST tailwind, with increasing customer preference driving volumes: Reports MUMBAI: Insurance companies are expected to deliver healthy operating performance in Q3FY26, supported by favourable GST-related tailwinds across life, general…...
DFS Questions Insurers on High Commission Payouts to Distributors
2+ mon, 2+ day ago (411+ words) Mumbai: The Department of Financial Services (DFS) has written to both the Life Insurance Council and the General Insurance Council seeking details on the commission payouts made by companies to their distributors and as to why these elevated payouts have…...
Pensioners Asked to Submit Life Certificates by Feb. 28
2+ mon, 5+ day ago (157+ words) Kakinada: East Godavari district treasury officer N. Satyanarayana on Thursday told all the pensioners to submit their life certificates between January 1 and February 28. Launching the verification process at the district treasury office, he said pensioners, including family pensioners and retired employees…...
Mis-selling Complaints Rise Against Life Insurers In FY25
2+ mon, 1+ week ago (212+ words) Mis-selling Complaints Rise Against Life Insurers In FY25Deccan Chronicle Mumbai: Even as the total number of grievances registered against life insurers remained flat to 1.20 lakh in 2024-25 compared to the previous year, the total number of grievances related to mis-selling of insurance…...
IRDAI To Issue Norms To Bring Down Distributorsâ Commissions
2+ mon, 1+ week ago (427+ words) Speaking to a news channel, M Nagaraju, Secretary, Department of Financial Services, said that the Insurance Regulatory and Development Authority of India (IRDAI) is set to come out with draft regulations on regulating insurance commissions. Mumbai: In a bid to…...
DC Edit | Govt Must Tread Cautiously On Insurance, Nuclear Bills
2+ mon, 2+ week ago (902+ words) It must be recalled that India had nationalised life insurance, and the Life Insurance Corporation of India was formed only after several private insurance companies shut their shop Two bills that the Lok Sabha passed on December 17 will have a…...