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Coverfox News

Watch this space for the latest insurance-related news doing the rounds.

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PM Modi Urges Economic Disciplie Amid West Asia Crisis
PM Modi's Message of Economic Caution Amid West Asia Crisis
by Shamshuddin S on Tue, May 12 2026

Prime Minister Narendra Modi calls on citizens to conserve fuel, avoid foreign travel, and pause gold purchases as India faces rising economic risks from the escalating West Asia conflict and soaring crude oil prices.

Sectors Could Be Impacted by PM Modi’s Fuel Conservation Appeal
Which Sectors Could Be Impacted by PM Modi’s Fuel Conservation Appeal?
by Shashi Kumar on Tue, May 12 2026

PM Modi’s fuel conservation appeal has sparked discussions around how sectors like aviation, tourism, EVs, logistics, jewellery, and MSMEs could be affected by rising crude oil prices.

PM Modi’s Conservation Push Raises Questions Over Fuel Prices, Gold Demand & Inflation
PM Modi’s Conservation Push Raises Questions Over Fuel Prices, Gold Demand & Inflation
by Shashi Kumar on Tue, May 12 2026

PM Modi’s appeal to reduce fuel use and avoid non-essential gold purchases has sparked discussions around fuel prices, inflation, forex reserves, and India’s economy.

MV Hondius Cruise Ship Hantavirus Outbreak
MV Hondius Cruise Ship Hantavirus Outbreak Raises Global Health Concerns
by Shashi Kumar on Fri, May 08 2026

The MV Hondius cruise ship reported 7 linked hantavirus cases, including 5 confirmed infections. WHO says the outbreak is currently considered limited while investigations and monitoring continue.

IRDAI Sets Up Sub-Committee to Strengthen Health Insurance Infrastructure
IRDAI Sets Up Health Insurance Sub-Committee to Review Claims, Coverage & Consumer Experience
by Shashi Kumar on Thu, Apr 23 2026

IRDAI forms a sub-committee to review health insurance claims, coverage, and customer experience, aiming to improve future insurance reforms in India.

India Launches ₹12,980 Crore Bharat Maritime Insurance Pool
India Launches ₹12,980 Crore Bharat Maritime Insurance Pool
by Shamshuddin S on Mon, Apr 20 2026

India unveils the Bharat Maritime Insurance Pool with sovereign guarantee to safeguard ships and cargo from global uncertainties. It boosts trade stability, lowers costs, and reduces reliance on foreign insurers.

India’s Non-Life Insurance Sector Grows 9.2% in FY26
India’s Non-Life Insurance Sector Grows 9.2% in FY26; Led by Health Insurance Segment
by Shashi Kumar on Fri, Apr 17 2026

India’s non-life insurance sector grew 9.2% in FY26, reaching ₹3.35 lakh crore. Health insurance emerged as the fastest-growing segment with a 19.8% surge.

Insurer Cannot Recover Compensation Over Missing Badge
Insurer Cannot Recover Compensation Over Missing Badge: Kerala HC
by Shamshuddin S on Wed, Apr 15 2026

Missing driver’s badge is not a policy breach. Insurers cannot recover compensation from vehicle owners in such cases: Kerala HC

India’s Women Credit Market Jumps
Women’s Credit in India Surges 5x to ₹76 Lakh Crore: A Shift from Borrowers to Builders
by Shashi Kumar on Wed, Apr 15 2026

Women now hold ₹76 lakh crore in credit, accounting for 26% of India’s total, growing 5x. Credit penetration has reached 36%, with 16 crore active women borrowers.

India Plans Reinsurance Fund to Protect Ships in Conflict-Hit West Asia
India Plans $1.5 Billion Reinsurance Fund to Protect Ships in Conflict-Hit West Asia
by Shamshuddin S on Wed, Apr 08 2026

India plans a $1.5 billion reinsurance fund to protect ships in conflict-hit West Asia. The move aims to reduce insurance risks and ensure stability in key trade routes.

Key Highlights of Union Budget FY 2026–27
Union Budget FY 2026–27: Key Highlights & Policy Direction
by Shashi Kumar on Tue, Feb 03 2026

Union Budget 2026–27 focuses on jobs, infrastructure, youth and simpler taxes. See what gets cheaper, what costs more, and key policy highlights.

Nipah Virus Outbreak in India 2026
Nipah Virus Outbreak in India 2026
by Shashi Kumar on Fri, Jan 30 2026

India confirms Nipah virus infections in 2026. Health authorities activate contact tracing, surveillance, and issue public advisories.

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