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Bhaskar Nerurkar

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Covid Cost Insurers Rs 250 Billion

2.75 million of the 3 million Covid-related health claims were settled. IMAGE: COVID-19 infected patients get treatment at the covid care centre at the Commonwealth Games Village sports complex in......

Insurers' Covid-related health claims outgo falls 35% in Q2

After the second wave of the pandemic, general and health insurers have seen a fall in their outgo of Covid-related health claims. Illustration: Dominic Xavier/Rediff.com In the July-September......

Non-life insurance: Q1 Covid-related claims higher than in entire FY21

Reimbursement claims, possibility of a third Covid wave keeping non-life insurers on tenterhooks. The non-life insurance industry has received over 1 million Covid-related claims in the first......

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......

With Covid-19 claims of Rs 300cr, insurance cos get a rate card

Insurance experts said since it may be difficult to set a tariff or fixed rates for Covid-19 treatment, an indicative rate chart has been proposed. IMAGE: Medical workers wearing personal......

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