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In 2018, one hundred million Indian households (500 million people) benefit from health coverage. In 2011, 3.9% [1] of India's gross domestic product was spent in the health sector. Policies are available that offer both individual and family cover. Out of this 3.9%, health insurance accounts for 5-10% of expenditure, employers account for ...
Care Health Insurance Limited (formerly Religare Health Insurance Company Limited) [3][4][5][6] is an Indian health insurance company established in July 2012. It is part of the Religare Group and a direct subsidiary of Religare Enterprises. [7] Kedaara Capital is a co-promoter of the company. [8] Care Health Insurance is headquartered in ...
Star Health and Allied Insurance: Private Chennai: 2006 28 Tata AIG General Insurance: Private Mumbai: 2001 29 The Oriental Insurance Company: Govt. New Delhi: 1947 30 United India Insurance Company: Govt. Chennai: 1938 31 Universal Sompo General Insurance Company Private Mumbai: 2007 32 Kshema General Insurance Limited Private Hyderabad: 2023
Total equity. ₹3,963 crore (US$470 million) (2022) [1] Number of employees. 14,273 (2021) [1] Website. www.starhealth.in. Star Health and Allied Insurance Co Ltd is an Indian multinational health insurance company headquartered in Chennai. [2] The company provides services in health, personal accident and overseas travel insurance, directly ...
Niva Bupa Health Insurance Company Limited (Niva Bupa) is an Indian health insurance company, founded in 2008. It is headquartered in New Delhi, India.. Niva Bupa Health Insurance Company Ltd. (formerly known was Max Bupa Health Insurance Company Limited) is a joint venture between Fettle Tone LLP (an affiliate of True North Fund VI LLP), an Indian private equity firm, and the UK based ...
The National Health Policy was endorsed by the Parliament of India in 1983 and updated in 2002, and then again updated in 2017. The recent four main updates in 2017 mention the need to focus on the growing burden of non-communicable diseases, the emergence of the robust healthcare industry, growing incidences of unsustainable expenditure due to healthcare costs, and rising economic growth ...
HDFC ERGO General Insurance Company Limited is a 51:49 joint venture firm between HDFC and ERGO International AG. It is one of the insurance entities of the Munich Re Group in Germany operating in the insurance field under the BFSI sector. [2] The retail sector includes various products like health insurance, vehicle insurance, travel insurance ...
By 2020 Indian Insurance is a US$280 billion industry. However, only 500 million people (36.23% of the total population of 1 billion) are covered under Mediclaim. [6] With more and more private companies in the sector, this situation is expected to grow more. ECGC, ESIC and AIC provide insurance services for niche markets.