UNIVERSAL INSURANCE

Insurers anticipate tax benefits and reforms for the insurance and healthcare sectors from the Union Budget 2025-26. The Budget may boost financial resilience by aligning tax deductions for annuities with the National Pension Scheme, and increasing ...

"The right response to Trump's tariffs is not to do anything. It hurts you more than it hurts the United States. India hurts itself far more by having tariffs than it's hurting any of India's competitors. I keep mentioning India, but India and Brazi...

Fires in Los Angeles are under control, but future wildfires are likely, raising questions about the region's livability. Managed retreat, typically used for sea-level rise, is complicated for wildfire risks. Programs for relocation are emerging, bu...

Thousands of families and business owners in Los Angeles County face the challenge of rebuilding after devastating fires destroyed over 12,000 structures. Government officials discuss clearing toxic debris and the lengthy process of reconstruction. ...

The U.S. immigration system is outdated and inconsistently enforced. The government needs new policies for better border control, legal immigration, and humane treatment for undocumented immigrants. Effective regulation and fair opportunities for im...

Select stocks gain momentum even in volatile markets.

Driving in India without third-party (TP) insurance is illegal and can result in financial burdens if caught without a valid policy. However, even when you have a TP cover, there may be instances where your TP insurer may refuse to cover damages and...

The Congress party pledges to implement the 'Jeevan Raksha Yojana', offering universal health insurance up to ?25 lakh for all families in Delhi if elected in the February 5 assembly election. This scheme mirrors Rajasthan's successful 'Chiranjeevi'...

Health insurance claims may be rejected if pre-existing conditions are not disclosed. But sometimes, even the policyholder may not be aware of pre-existing ailments they may be suffering from. To prevent this, it is better that one undergoes pre-pol...

A record 3.4 million Chinese applied for the civil service exam this year, seeking job security amidst an economic slowdown and high youth unemployment. Despite wage issues and job cuts in the public sector, the allure of stability and benefits driv...

Incurred claim ratio of general, health insurance cos: If you are planning to buy a new insurance policy or port your existing health insurance policy to a new insurer, do remember to check the latest claim settlement ratio of all insurers before fi...

Driven by a rapidly aging population, China is expanding services and products for older adults. Universities and community care facilities are growing to meet the needs, focusing on home-based services, cultural enrichment, and healthcare. Despite ...

India is edging closer to permitting fully foreign-owned insurers, aiming to boost the underperforming insurance sector. Local capital has proved insufficient for expanding insurance coverage. Reforms are needed to address customer trust issues stem...

India aims for universal healthcare access by 2047. A new report proposes a tiered system. This system uses data and AI. It categorizes the population by income. The goal is to improve government schemes and insurance. India needs more healthcare in...

Ayushman Vaya Vandana Card: Prime Minister Narendra Modi announced a pivotal health insurance program aimed at all senior citizens aged 70 and above, regardless of their income, as part of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-...

A group of ministers (GoM) tasked by the Goods and Services Tax (GST) Council to oversee rate rationalisation, is considering lowering the tax on life and health insurance premiums. This potential reduction could offer financial relief to individual...

Studying at a UK university offers great academic and personal growth opportunities, but the application process can be complex. Undergraduate students apply through UCAS, submitting personal details, educational qualifications, and a personal state...

The global micro-insurance industry is projected to grow to $137 billion by 2029. India's insurance penetration remains low at 4%, compared to the global average of 6.8%, but the government's efforts through Jan Dhan accounts and social security sch...

India marks 10 years of the Swachh Bharat Mission, aiming to provide toilets in every home and reduce open defecation. The initiative led to a decrease in infant mortality rates and improved health outcomes. Additionally, improvements in access to s...