Amid spike in Covid cases, India boosts health infrastructure

Amid looming fears of coronavirus infection entering the community transmission stage, India is boosting its overall health infrastructure by initiating measures like designating dedicated......

Saral Jeevan Bima, a standard life product launched

The Saral Jeevan Bima product to be offered by all life insurance companies will be a non-linked non-participating individual pure-risk premium life insurance plan. Illustration: Uttam......

Covid: Insurance claims at 192,863 worth over Rs 3,000 cr

As many as 121,739 claims settled by insurers so far, amounting to Rs 1,165.81 crore. Illustration: Dominic Xavier/Rediff.com The exponential rise in the number of Covid-19 cases in the country......

Rising Covid, non-Covid claims a double whammy for insurers

Although insurers feel loss ratios in the health segment may get impacted, and profitability will take a hit, capital erosion will not take place, at least for the large entities. General insurers......

Affordable insurance policy Corona Kavach is a big hit

From July 10, when it was launched till August 7, 1,087,030 lives have been covered under Corona Kavach through 648,276 policies with premium of Rs 182 crore and sum assured for Rs 42,956 crore.......