Understanding Legal & Regulatory Risk Legal and regulatory risk refers to the possibility that a company may face legal penalties, financial loss, or operational disruptions due to non-compliance with laws,…
What Are Internal Controls? Internal controls are systems, rules, and procedures implemented by organizations to ensure: Accurate financial reporting Operational efficiency Legal and regulatory compliance Asset protection They act as…
The Insurance Times - May 2025 issue - Ebook Version Please click on the image or link below to view the Ebook version of the Journal - https://online.flipbuilder.com/yojw/adru/
What is Financial Risk Management? Financial risk management is the process of identifying, assessing, and mitigating potential financial losses within an organization. It helps companies minimize the negative impact of…
Case Title: R Sasikala Devi v The AAO/ Assistance Secretary and others Summary The Madras High Court has ordered the SBI Life Insurance Company to pay a claim amount to…
Case: Life Insurance Corporation of India vs. Dr. Nilam Hetalkumar Patel & 4 Ors. Summary The Life Insurance Corporation of India (LIC) faced a decision from the Gujarat State Consumer…
While a growing number of households are being covered by health insurance schemes, the real test lies in how well those schemes support individuals when it comes to reimbursement of…
With medical inflation at around 15 per cent annually, one way customers can mitigate rising costs is by opting for policies with attractive bonus features. A bonus is an additional…
Introduction Access to insurance has long been a challenge for underserved and marginalized communities across the globe. Factors such as lack of formal documentation, limited financial literacy, geographic isolation, and…
Health insurance is no longer an afterthought for women, who are increasingly recognising its importance amid rising cost of healthcare. Instead of deferring the decision or relying on male family…