Insurance 2019

Budget 2019: Startup LetsMD seeks incentives for healthcare sector; demands measures to boost insurance penetration

Healthcare startup LetsMD on Friday sought incentives in the forthcoming Budget for setting up hospitals in smaller towns and cities, and also demanded measures to boost insurance penetration

Budget 2019: Govt may provide Rs 4000-cr capital infusion for public sector general insurers to strengthen financial health

The Department of Financial Services sought Rs 4,000 crore in the Budget for fund infusion in three insurance companies

Budget 2019: Announce accidental insurance, concessional credit for traders, CAIT asks Narendra Modi

Traders' body CAIT on Wednesday demanded an incentive package from Prime Minister Narendra Modi for traders such as accidental insurance coverage, credit at concessional rates and rationalisation of GST slabs

Insurance sector to witness strong growth on robust GDP expansion, evolving regulatory regime: Moody's

During fiscal 2018, total gross premiums for the non-life and life insurance sectors grew 11.5 percent to Rs 6.1 lakh crore ($94 billion), bringing the 5-year compound annual growth rate (CAGR) to 11 percent.

Finance Minister should consider liberalising Section 80C, and increase tax exemption limit

Senior citizens have their own geriatric needs. Unfortunately, section 80C doesn’t cater to them.