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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......

$150 Million Insurance Claims Loom After AI 171 Crash

The claims will include three kinds of liabilities: Damage to the aircraft; loss of lives who were aboard the aircraft; including the crew members; and third-party liability because of loss of......

SC wants insurance cover for 'braveheart' disabled defence cadets

The Supreme Court on Monday said it wants defence forces to have "braveheart cadets" who should not be deterred by injuries or disabilities suffered during training and directed the Centre to......

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......

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......

With firefighting behind them, insurers can now shift gears and focus on growth

Recent years have been turbulent for the insurance industry due to direct and indirect tax reforms, regulatory overhaul and other external pressures. Illustration: Uttam Ghosh The events......

Fraud Bleeds Insurers Of Rs 10,000 Crore A Year

These losses increase insurance premiums for customers and reduce insurer margins on the other. Illustration: Dominic Xavier/Rediff   The insurance industry has been witnessing Rs 8,000 crore to......

'Insurance Sector Is At An Unstable Equilibrium'

'Other sectors that manage the savings pools of Indians are giving tough competition to life insurance companies.' Kindly note that this illustration generated using Microsoft Copilot has only......

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