In 2023, a university student in Taiwan tried to scam his insurers in an attempt to get a payout of $1.3 million dollars! By amputating his own legs! What did

In April 2024, the insurance regulator IRDAI introduced changes to the health insurance regulations to protect policyholders and improve the health insurance experience. These revisions will be applied to all

SURRENDER VALUE in Life Insurance policies Starting April 1, 2024, as announced by the insurance regulator IRDAI, revised surrender values in non-linked or linked life insurance products – traditional endowment

Western sanctions on Russian oil have had unexpected consequences for insurance of crude oil tankers, here’s how. A recent investigation and documents leaked to Financial Times and Danish investigative journalism

You may have heard the phrase ‘cohort-based pricing’ being tossed around a lot recently; owing to the news that the regulator IRDAI is considering a proposal from health insurers to

Starting January 25, 2024, you will have the freedom to choose any hospital – even those outside the network of your health insurance provider – for your treatment on a

What is the Red Sea shipping route? The Red Sea is a crucial route for container shipping and international commerce. Being the fastest route between Europe and Asia, nearly 15%

What happens when a legitimate claim is rejected by an insurance company? The insurance company ends up paying more than the original cost of the claim. At least that is

India is stressed out! – the ICICI Lombard Wellness Index 2023 ICICI Lombard recently unveiled its much-anticipated sixth annual India Wellness Index for 2023. While the report shows promising positives

India is expected to have a functional insurance claims exchange – the National Health Claims Exchange (NHCX) by December 2023. In August 2023, 29 insurers offering health insurance and 18