General Insurance Council

GENERAL INSURANCE COUNCIL NEWS

Health segment leads decline in premium income growth of Indian insurers in FY25: Here's why

April 20, 2025 8:38 am

Medical inflation is on the rise and current inflation is around 14 per cent which further fuels the hike in the premium

Insurers cut exposure to govt’s flagship crop cover scheme PMFBY

August 27, 2021 4:09 am

Gross premium underwritten by general insurers has fallen by 12.37% to `4,221 crore in the four-month period ended July 2021 as against `4,817 crore in the year-ago period.

Settle claims in 1 hr, ensure agreed rates: Insurers ask hospitals

June 04, 2021 7:34 am

According to the GI Council, when a patient’s progress is good and discharge is planned for the next day, hospitals should inform the insurance company or TPA of the impending discharge the soonest and submit the available documents and bills.

COVID cover: Cap set at Rs 18,000 per day for ICU with ventilators at accredited hospitals

July 08, 2020 5:02 am

In the case ‘moderate sickness’, NABH-accredited hospitals (including entry level) can charge Rs 10,000 per day (including Rs 1,200 for PPE) and for non-NABH accredited hospital) it would be Rs 8,000 (including including cost of PPE Rs 1,200).

Insurance firms to lose control over councils

March 16, 2015 1:29 am

With the passage of the Insurance Bill, these councils will be structured on the lines of self-regulatory organisations (SROs).

New tech platform to check Schengen travel insurance frauds

April 06, 2014 1:04 am

Schengen Visa allows a visitor to travel to 26 European countries with one visa.

Insurers,Irda to launch awareness campaign

March 18, 2013 3:18 am

In a bid to create awareness for insurance needs and on insurance products for health,motor,home and travel insurance

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