Health insurance companies recorded Rs 26,364 cr losses in 5 years: CAG report

Multiple settlements for single claim, claims paid in excess of sum insured among reasons for losses

Disaster insurance gains traction in East Africa as small-scale farmers in Kenya receive flood compensation

300 households in Kenya’s Tana River receive over $90,000 as compensation

Weather disasters behind 95% natural calamities in 2023 that cost over $1 billion, finds report

Just 40% weather and climate-related losses covered by insurance; Insurance penetration lowest in Asia Pacific region

Simply Put: PM-JAY and COVID-19

Myth of coverage: Private insurance loopholes kept out-of-pocket expenses high for COVID-19 patients

Getting cashless treatment or reimbursement became difficult as COVID-19 cases rose

New support scheme for water-stressed districts as crop insurance becomes voluntary

Changes to PM Fasal Bima Yojana leave famers without effective support for crop losses in time of climate emergency  

Indian insurers listed among worst performers in climate sector globally

Cyclone Amphan fetched record insurance damages despite not paying three-fourths of claimed amount

Are crop insurance schemes working? CAG report reveals

Multiple gaps in implementation of crop insurance schemes may have compromised their purpose of benefitting farmers

Panel set up to review crop insurance recommends agriculture insurance Act

Insurance companies should be allocated districts for minimum three years, instead of one season, to remove uncertainties, says panel headed by P …

India’s facade of agricultural insurance

Since its launch in 2016, India’s flagship crop insurance scheme has seen a consistent fall in acreage and number of farmers covered

Interview: Radha Mohan Singh, Union Minister of Agriculture

Radha Mohan Singh, Union Minister of Agriculture and Farmers Welfare talks about a contingency plan to tackle the current drought and new crop …

Meagre payments, reluctant states mar Modi’s flagship crop insurance scheme

10 million farmers have dropped out of the Pradhan Mantri Fasal Bima Yojana in just a year

Crop insurance claims over Rs 3,300 crore pending due to payment failure, delay in state subsidy

Farmers belonging Jharkhand, Karnataka, Telangana, and Maharashtra have the highest amounts pending under insurance claims

Natural disasters cost $232 bln in 2019

At a loss of $2.98 tln, 2009-2019 was the costliest decade

Myth of coverage: Household burden of COVID-19 treatment was several times higher than government spending

Average insurance claim settled during pandemic months was 3 times that before the pandemic

Few takers for ambitious crop insurance scheme

Only four percent more farmers have opted for crop insurance despite  government’s targets for Pradhan Mantri Fasal Bima Yojana

Simply Put: Crop insurance

Private insurance companies benefitted the most from PM Fasal Bima Yojana: Report

Farmers yet to be paid Rs 5,724 crore for claims made in 5 years since scheme launch

Simply put: Farmers hunger strike

Why Andhra Pradesh’s Arogya Raksha Health Scheme has been a failure

From high premium to the scheme being voluntary, here is a roundup of the reasons

Strings attached

Cashless health insurance now restricted

Ghana targets bringing a million fisherfolk under insurance cover

The nationwide rollout will cover all the landing beaches across the fishing communities in the country. The scheme was launched on December 1, 2015

No insurance against fraud

Private weather forecasting agencies are prone to fudging data in the absence of a regulatory authority

Mental health insurance likely to reduce stigma

Many suffering from mental disorders avoid treatment due to the stigma attached but IRDA's directive asking insurance companies to provide …

Need to address impact of extreme weather events on crops

There is a lot the government can do to assist farmers to cope with climate-induced farming problems