Why insurance companies are feeling the pinch with rising cancer cases in India

Why insurance companies are feeling the pinch with rising cancer cases in India

Insurance companies are feeling the pinch amidst an increase in lung and oral cancers cases across the country. Over the past five years, the claim share for these types of cancers has surged nearly fivefold, posing financial challenges for insurers. Data from insurance aggregator PolicyBazaar showed a marked increase in insurance claims for lung and … Read more

40 lakh cancer cases, 22.54 lakh deaths reported in India in 3 years: Govt

40 lakh cancer cases, 22.54 lakh deaths reported in India in 3 years: Govt

The minister said cancer is a multifactorial disease, the risk factors of which include ageing population, sedentary lifestyle, use of tobacco products, alcohol, unhealthy diet and air pollution. More than 40 lakh cancer cases were reported and 22.54 lakh people died of the disease in the country between 2018 and 2020, the government informed Lok … Read more