Tuesday, 17 May, 2022
TopicIRDAI

Topic: IRDAI

Health insurance premiums have nearly doubled this year, but Covid alone not to blame

Medical inflation due to Covid, govt-induced coverage expansion and age-related shift in slabs are among factors causing a jump in insurance premium amounts.

SC issues notice to Centre, IRDA on plea seeking insurance for mental illness treatment

According to the petition, insurance companies do not cover treatment of mental illness despite a mandate under the Mental Healthcare Act 2017

Car and 2-wheeler insurance to cost more as regulator hikes third-party premiums

Insurance regulator Irdai raised third-party insurance premium across categories, with 2-wheelers getting the maximum hike of 21.11 per cent.

LIC’s plan to acquire IDBI stake hits snag as Delhi HC says act in interest of stakeholders

Court observation comes on a plea by IDBI officers that LIC proposal will result in IDBI losing status as public sector bank.

On Camera

YourTurn

Pakistan Prime Minister-elect Shehbaz Sharif on 7 April | Photographer: Aamir Qureshi/AFP/Getty Images via Bloomberg

The four-point plan to revive Pakistan’s economy—from land reform to real estate

Pakistan must reduce non-productive expenditures like defence. The country's political economy has been overdetermined by the imperative of 'national security'.

Bad timing could hamper LIC IPO

Most early public enterprise IPOs have been trading 75% below their original price, small investors concerned.

Defence

Representational image of army personnel in Ladakh | ANI

India ‘doesn’t foresee’ border fighting with China, but ‘won’t back down’ if tensions reignite

Aim is to ensure not just disengagement of troops, but overall de-escalation. Govt in favour of solving tensions through talks as it wants peace with all neighbours including China.

How Congress is like the Ambassador & why Indian politics needs a brand new set of wheels

Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.
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