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Irdai News

Breaking the Monopoly: Value Attics Secures First Private-Sector Reinsurance License in India

Christopher Adams 14 Mar, 2025

Value Attics Reinsurance, backed by Prem Watsa's Fairfax group, breaks GIC Re's monopoly by securing India's first private-sector reinsurance license. With a Rs 200 crore capital, ...

Business

FY 24 Health Insurance Claims: A Deep Dive into the 71% Settlement Rate

Jessica Bennett 30 Dec, 2024

In FY 24, health insurers settled 71.3% of Rs 1.2 lakh crore claims, facing challenges with disallowed and outstanding claims. Public sector insurers led premium collections, while...

Irdai News

Breaking the Monopoly: Value Attics Secures First Private-Sector Reinsurance License in India

FY 24 Health Insurance Claims: A Deep Dive into the 71% Settlement Rate

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