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Gandhinagar (Gujarat) [India], April 2 (ANI): GIFT City's insurance and reinsurance ecosystem has witnessed rapid expansion, with premium volumes growing from USD 102 million in 2020 to over USD 1.2 billion by 2025, marking an over 11-fold increase in the past five years and signalling a strong scale-up of India-linked risk underwriting within the International Financial Services Centre (IFSC). According to GIFT city press release, "The growth in premiums has been supported by a steady increase ...Read More >
Minister for Human Resources Development Nara Lokesh with the executives of Cricket Victoria at the Melbourne Cricket Ground in Australia on Friday. Andhra Pradesh Minister for Human Resources Development Nara Lokesh met executives of Cricket Victoria at the Melbourne Cricket Ground on Friday to discuss strengthening cricketing collaboration between Andhra Pradesh and Victoria. Mr. Lokesh said the Andhra Premier League (APL), organised by the Andhra Cricket Association (ACA), was aimed at iden ...Read More >
VIJAYAWADA: On the fifth day of his visit to Australia on Thursday, Minister for HRD and IT Nara Lokesh secured significant commitments across multiple sectors critical to the development of Andhra Pradesh. The day was marked by high-level meetings with academic leaders at the University of Melbourne and the University of Tasmania (UTAS), a crucial interaction with Victoria's Minister for Tourism and Sports, Steve Dimopoulos, and a strategic discussion with health insurance giant Bupa. In a sig ...Read More >
New Delhi, Sep 26 (SocialNews.XYZ) Tata AIG has suspended the cashless facility at Max Hospitals across India. It has become the third health insurer after Star Health and Niva Bupa. Star Health and Niva Bupa suspended the facility for all 22 Max Hospitals across the country. Notably, Max Hospitals has suspended Care Health's cashless claim suspension at Max Hospitals in Delhi NCR. In a statement, Max Hospitals said that Tata AIG suspended cashless services at its hospitals from September 10. ...Read More >
MUMBAI: Health insurance policyholders are again witnessing sporadic cases of suspension of cashless hospitalization as hospitals and insurers spar over the issue of tariff rates for medical treatments. In a fresh incident, the Association of Healthcare Providers India (AHPI), a body of over 15000 hospitals, threatened to suspend cashless services for Star Health Insurance policyholders from September 22. In turn, the General Insurance Council (the association of non-life insurers) has asked AHP ...Read More >
New Delhi, Sep 2 (SocialNews.XYZ) Niva Bupa Health Insurance on Tuesday clarified that the viral social media post regarding the cashless denial of a Mumbai-based policyholder is 'baseless'. The viral post on professional networking site LinkedIn detailed the case of Chandra Kumar Jain, battling Myeloid Leukaemia and urgently needing a Bone Marrow Transplant (BMT) at Sir HN Reliance Foundation Hospital in Mumbai. The LinkedIn post, from health insurance and investments advisor Avigyan Mitra, s ...Read More >
Mumbai, ET Now: Health insurer Niva Bupa will revise premiums for its flagship product ReAssure 2.0 by an average of 7%, with the revised rates coming into effect from June 10, 2025, ET Now has learnt. The product, introduced in February 2023, has become a key contributor to the company's business, accounting for nearly 18% of the overall portfolio. As per information received by ET Now, the company has duly informed policyholders about the revision in accordance with guidelines laid down by the ...Read More >
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