Bengaluru Tenants Face the Fury of Floods: In recent years, Bengaluru has witnessed increasingly erratic and severe weather patterns, a result of changing climate dynamics. On May 18, 2025, the city experienced a harsh reminder of this when an extreme pre-monsoon thunderstorm dumped over 130 mm of rainfall in just 12 hours, leaving much of…
Family Health Insurance: In today’s unpredictable world, a health emergency can strike anytime, shaking not just your emotional stability but also your financial foundation. As parents, your first instinct is to ensure the well-being of your loved ones. But when medical expenses escalate unexpectedly, many families are forced to choose between life-saving treatment and essential…
Health Insurance in India Must Be Inclusive: India’s health insurance landscape has seen rapid evolution, yet several disparities remain unresolved. Health insurance accounted for a massive ₹1.18 lakh crore premium in FY 2024-25, forming about 36% of India’s general insurance premium. But a closer look at the data shows troubling asymmetries—both in terms of premium…
Insurance Penetration Rises, but Indians Still Financially Exposed: India’s insurance landscape has undoubtedly evolved, with awareness and policy uptake on the rise. Yet, a new report—Suraksha Kavach Report 2025 by BajajCapital Insurance Broking Ltd.—uncovers a sobering contradiction. Despite increasing insurance penetration, a large majority of Indians remain financially vulnerable during real-world emergencies. While digital tools,…
Insurance Fraud Exposed: In a shocking revelation from Prayagraj, Uttar Pradesh, a family-run gang was busted for committing large-scale insurance fraud using fake documents and forged photographs of deceased individuals. The fraudulent activity was centered in Karchhana, where the family members allegedly took out insurance policies in the names of people who had already died…
Patanjali and DS Group Acquire Magma General Insurance: The general insurance industry in India is witnessing a significant transformation with the latest acquisition of Magma General Insurance by Baba Ramdev-led Patanjali Ayurved and Dharampal Satyapal Group (DS Group). This strategic move marks Patanjali’s entry into the financial services sector, expanding beyond its traditional stronghold in…
LIC Increases Stake in Nestle India to Over 5%: In a notable move that strengthens its position in the fast-moving consumer goods (FMCG) sector, Life Insurance Corporation of India (LIC) has increased its stake in Nestle India Ltd. to over 5%, marking a significant vote of confidence in the brand. According to the latest stock…
Galaxy Health Insurance Launches: Galaxy Health Insurance, one of India’s fastest-growing standalone health insurers, has unveiled its flagship health insurance plan, Galaxy Marvel, in collaboration with Policybazaar, India’s leading digital insurance aggregator. This new offering stands out by targeting health-conscious consumers with wellness-linked benefits, extensive coverage options, and digital-first features. The partnership allows the plan…
How Artificial Intelligence Controls Your Health Insurance Coverage: Over the last decade, artificial intelligence (AI) has dramatically reshaped multiple industries, and health insurance is no exception. Unlike doctors or hospitals that use AI to diagnose illnesses, predict outcomes, or tailor treatment plans, health insurance companies are deploying AI in a far more consequential way: to…