Future Generali to offer health insurance for live-in partners, LGBT community
Future Generali has come out with a comprehensive health insurance product called FG Health Absolute, which offers a host of wellness benefits bundled with the policy.
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IRDAI plans single digital platform for all health insurance offerings
BIMA SUGAM allows customers to access the all products of all insurance companies in one place
Transgenders now eligible for health insurance under Ayushman Bharat
Health ministry signs MoU with social justice & empowerment ministry; MoU allows all healthcare benefits under Ayushman Bharat to transgenders who hold certificates
PSU insurers suffer ₹26,364 cr loss in health biz in five years: CAG
The losses in the health insurance business of PSU insurers either wiped out or decreased the profits of other lines of business or increased the overall losses.
Analysts see 20% upside in this Rakesh Jhunjhunwala-backed stock; do you own it?
Ace investor Rakesh Jhunjhunwala and his wife Rekha Jhunjhunwala together own a 17.51% stake in this health insurance company.
This Rakesh Jhunjhunwala-backed stock jumps 5%; analysts see more upside
Analysts at Motilal Oswal have initiated a ‘buy’ coverage on the stock with a target price of ₹750 per share amid earnings optimism and improvement in the overall health insurance industry.
Best performing insurers
Covid-19 has managed to boost the awareness and penetration of insurance, giving a leg-up to the industry.
Insurance sector seeks higher tax deduction u/s 80C, 80D
Currently, all financial purchases are clubbed under the same section 80C for deduction under the income tax, capped at ₹1,50,000.
Predictions 2022: Coming Soon! Smoother documentation, claim processing in insurance
The government and insurance companies will focus on enabling the “missing middle” with equitable and affordable health insurance options.
The resilience of the insurance industry
The path to recovery may not be an easy one, but the industry will continue to play a pivotal role in getting the nation back on its feet.
