News
A top-up plan can help cut out-of-pocket expenses: G Srinivasan, MD & CEO, Galaxy Health Insurance
5+ hour, 59+ min ago (341+ words) With 60% of healthcare costs met by out-of-pocket" expenditure, health insurers are increasingly looking beyond traditional hospitalisation cover to offer more comprehensive protection. G Srinivasan, MD & CEO, Galaxy Health Insurance, tells Narayanan V why policyholders should opt for higher health cover…...
Rising commissions expose high-cost nature of insurance industry: Irdai Chairman
1+ mon, 3+ week ago (414+ words) financialexpress. com Rising commissions expose high-cost nature of insurance industry: Irdai Chairman Irdai Chairman Ajay Seth has flagged the insurance industry's "structurally high-cost nature," noting that reliance on expensive intermediary commissions over digital transformation is undermining trust. The sharp rise…...
US freezes new home healthcare enrollments after blocking $1. 4 billion in funds
1+ mon, 3+ week ago (737+ words) The move marks the latest action from Vice President JD Vance's anti-fraud task force, which the administration launched earlier this year to target waste, fraud and abuse in federal healthcare spending, reported Reuters. Federal officials said scammers have used hospice…...
Insurance & pensions for a resilient Viksit Bharat
1+ mon, 3+ week ago (679+ words) financialexpress. com Insurance & pensions for a resilient Viksit Bharat Explore how India is democratizing financial protection through the landmark Jan Suraksha schemes. With over 850 million combined enrollments in PMJJBY and PMSBY, and a rising Financial Inclusion Index, the government is…...
Bima Sugam Scheme Explained " Will it make insurance more affordable?
3+ mon, 1+ week ago (328+ words) Buying motor and health insurance policies at zero commission may soon become a reality, as the Bima Sugam portal enters its final stage of launch. Narayanan V explains how the platform is likely to reshape the distributor ecosystem and ultimately…...
Shriram Life's H1 premium collections rise 20%
8+ mon, 1+ day ago (239+ words) Shriram Life Insurance Company reported a 20% year-on-year rise in total premium collections to "1, 954 crore for the first half of FY26, driven by a strong growth in renewal premiums across both individual and group segments. Renewal premiums jumped 43% year-on-year to "1, 024 crore, reflecting…...
Pine Labs IPO to raise Rs 3, 900 Cr
8+ mon, 2+ day ago (368+ words) Pine Labs, the Noida-based digital payment solutions firm, is set to raise Rs 3, 900 Cr through an initial public offer (IPO) that opens for bids on November 7, including fresh issue of Rs 2, 080 crore worth shares and an offer for sale (OFS)…...
Biggest hikes in a decade: Millions of Americans risk losing coverage as health insurance costs set to surge
8+ mon, 4+ day ago (295+ words) According to the nonprofit KFF, without the tax credits, the average monthly insurance bill could rise by 114%, roughly $1, 000 more per year, and in some cases, higher. Democrats are pushing for subsidiary extension as part of a deal to end the…...
Changing jobs? Convert group health cover to individual plan
8+ mon, 1+ week ago (266+ words) Converting the group health insurance policy to an individual cover policy is a smart move for those facing a career transition or retirement. It will ensure continued coverage, protect against pre-existing diseases and safeguard from the financial risk of coverage…...
Bima Sugam to boost no-frills health products," V Suryanarayanan, MD Cholamandalam MS General Insurance
8+ mon, 1+ week ago (205+ words) Record auto sales following the GST rate cut have brightened prospects for higher motor insurance premiums. Cholamandalam MS General Insurance Managing Director V Suryanarayanan tells Narayanan V how the rate rationalisation will impact motor and health insurance premiums and the…...