Framers in Maharashtra are likely to receive heavy compensation as from crops damaged due to dry weather in June and floods in September. The outgo may be over Rs. 10000 crore, agriculture ministry officials said.

A report by the National Statistical office (NSO), Ministry of Statistics and Programme implementation, has recently revealed that a majority of Indians don’t have health expenditure coverage.

Considering the risks involved in the business, almost all general policies are reinsured by insurance companies. In other words, they buy a cover for themselves in case the insurers.

NON-LIFE INSURANCE October 2019 Max Bupa, India Bank sign bancassurance agreement : Max Bupa health insurance and Indian Bank have announced.

As much as 1.5 lakh farmers in Ganjam district of Odisha are threatening to stage a protest against the insurance company which enrolled them under…

Against backdrop of rising life expectancy and high out-of-pocket expenses, it is clear that the potential for growth in health insurance is immense.

The government funded national health insurance scheme for the poor, Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PMJAY), is expected to see a payout of INR23bn ($323m) this year for high value claims of over INR30,000 each.

The Central government is likely to come out with a proposal for recapitalization of loss-making public sector non-life insurance companies. The department of financial services

The Central government is likely to come out with a proposal for recapitalization of loss-making public sector non-life insurance companies. The department of financial services

The Central government is likely to come out with a proposal for recapitalization of loss-making public sector non-life insurance companies. The department of financial services