News
Star Health Insurance sees bigger role for AI in claim settlement, to invest more on tech
9+ hour, 44+ min ago (315+ words) Updated - March 14, 2026 10:37 pm IST - HYDERABAD Star Health and Allied Insurance Company expects the number of cashless claims settled using Artificial Intelligence (AI) to increase from the existing about 20% to upto 50% in the next two years. Towards this the standalone health…...
Insurance cover in 2025
1+ mon, 3+ week ago (236+ words) Year 2025 was remarkable for insurance with some great regulatory milestones, including the zero GST reform and for Indians as they started seeing insurance as a foundational decision for financial planning rather than borne out of need to save tax. This…...
Insurance Foreign Direct Investment, coming a full circle
2+ mon, 1+ day ago (985+ words) In 1991, alongside India's big liberalisation push and the new industrial policy, planning began for reform of the insurance industry which was then a government monopoly. In 1993, a committee was set up to recommend changes. When the Malhotra Committee Report (MCR)…...
How Travel Insurance Adds Value to International Business Trips
7+ mon, 4+ week ago (540+ words) Also, read this guide to dive into how travel insurance adds value to business travel abroad, along with knowing more about buying and making a claim in times of emergency. Travel insurance protects you from financial stress while you travel…...
Bajaj to acquire Allianz’s 26% stake in life, general insurance JVs for ₹24,000 cr
11+ mon, 4+ week ago (302+ words) Published - March 18, 2025 07:57 am IST - HYDERABAD Bajaj Finserv will acquire Allianz SE's 26% stake in Bajaj Allianz General Insurance Company and Bajaj Allianz Life Insurance Company for "24,180 crore. The acquisition will increase Bajaj Group's ownership in the joint ventures to 100% and terminate…...