News for ' General Insurance'

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Amit Shah launches India's first co-operative ride app Bharat Taxi

Shah said the platform would keep Rs 20 out of every Rs 100 earned, and Rs 80 would go to the drivers' bank accounts. Even the ownership of Rs 20 would be with the drivers IMAGE: Union Home and...

Bike taxis to resume service in Karnataka as HC lifts ban

Calling the decision a win for the people of Karnataka, a Rapido spokesperson said it was not just a legal victory but a milestone moment for urban mobility in the state.    Photograph: Kind...

AI crash: Victims' kin file claims under multiple insurance categories

From hotel booking cancellations to loss of baggage, and from accidental death coverage to trip plan withdrawals, insurance companies have received a range of claims from the kin of the Ahmedabad...

Insurer rejects mediclaim over Google Timeline mismatch

A Gujarat resident was shocked when an insurance company rejected his mediclaim on the grounds that his Google Timeline did not match the location of the hospital that had treated him....

Air India crash creates rare insurance dilemma: Nominees also among dead

The devastating Air India 171 plane crash, which claimed 241 lives on board and 29 on the ground, has created an unforeseen challenge for insurance companies to settle some claims where even the...

Life insurers may face VNB margin squeeze

The loss of input tax credit (ITC) following the rationalisation of the goods and services tax (GST) on individual life and health insurance from 18 per cent to nil is may weigh on the profits of...

Insurance industry flags concerns over proposed Insurance Amendment Bill

The insurance industry is trying to get to grips with provisions in the proposed Insurance Amendment Bill, which gives additional powers to the Insurance Regulatory and Development Authority of...

Pent-up demand boosted retail health insurance segment in October

Even as non-life insurers reported muted premium growth in October, standalone health insurers saw a robust 38 per cent year-on-year (Y-o-Y) surge. Illustration: Dominic Xavier/Rediff This growth...

Insurance sector premium growth crossed 20% in Nov

Both the life and non-life insurance segment posted over 20 per cent premium growth in November for the first time in this financial year (FY26), supported by the reduction in goods and services...

New labour Codes raise operating expenses of pvt banks, insurers

Analysts said, according to the new code, there will be a restructuring in the salary structure and there should be an increase in the share of contribution towards basic pay, and other key...