Insurance News

The tools were presented during the AB PM-JAY Auto-Adjudication Hackathon Showcase 2026 organised by the Union health ministry, National Health Authority (NHA), IndiaAI Mission and IISc Bengaluru.

The company's total income during the quarter rose to Rs 2,078 crore against Rs 1,565 crore in the year-ago period, Niva Bupa Health Insurance said in a regulatory filing.

At a company level, Star Health expects further improvement in its combined ratio, driven by tighter hospital pricing arrangements, better underwriting and fraud controls, as well as operating leverage from technology investments.

In FY26, the company settled claims worth Rs 1,254 crore covering 1.8 lakh claims in Andhra Pradesh and Telangana region, compared with Rs 1,014 crore in FY25, reflecting a 24 per cent year-on-year increase.

At standalone service provider Star Health and Allied Insurance, policies of ₹1 crore and above now account for about a quarter of new businesses in FY26, up 7–8 percentage points from last year due to continued upselling in the retail segment.

During the reporting quarter, total income increased to Rs 4,545 crore from Rs 3,989 crore in the same period a year ago, Star Health and Allied Insurance Company said in a regulatory filing.

Insurance offers some relief — but not enough. Schemes such as Ayushman Bharat provide coverage for hospitalisation, but gaps remain. Most schemes do not fully cover outpatient care, medicines and long-term follow-up — which form a major part of treatment in chronic conditions like heart failure. As a result, patients continue to spend heavily from […]

The venture will use JFSL's digital distribution capabilities with Allianz's underwriting expertise. Operations will begin after regulatory approvals are secured.

According to a Niva Bupa Health Insurance survey, 55% of policyholders in the age group who lapse do so within three years of purchase, indicating that early adoption is often tentative and lacks long-term commitment. This high churn suggests that buying decisions are frequently driven by short-term triggers rather than a sustained understanding of risk […]

Health insurance coverage in India has seen a major jump. Rural areas now have more people insured than urban centers. Government schemes are driving this growth. Out-of-pocket hospital expenses have also been reported. Morbidity levels have risen, with infections being the main reason for hospitalisation. Institutional deliveries are now almost universal across the country.