Summary [caption id="attachment_27488" align="alignleft" width="300"] Escaping a Shark[/caption] The Shark Attack Death Hoax is one of the most bizarre and audacious cases of insurance fraud ever recorded. In 2001, a…
Abandonment: The act of surrendering the insured vessel or goods to the insurer when a loss is total or constructive total. Actual Total Loss (ATL): A situation where the subject…
F.No. IRDAI/Reg/3/210/2025. — In exercise of the powers conferred by sub section (2) of section 101B, read with clauses (zb) and (zd) of sub section (2) of section 114A of…
Date: 1st January, 2025 F. No. IRDAI/Reg/2/209/2025.—In exercise of the powers conferred by clause (e) of sub section (2) and sub section (1) of section 26, read with section 25…
List of Eligible Trainee Surveyors Date 20.01.2025 1. List of eligible trainees for Insurance Institute of India (III) Surveyor Pre-Licensing Examinations March 2025 is attached herewith. 2. Further to the…
Introduction The case of United India Insurance Co. Ltd. v. Manubhai Dharmasinhbhai Gajera & Ors. (2008) is a landmark judgment by the Supreme Court of India that significantly impacted the…
Canara Bank v. M/S. Shree Shakti Foam Citation: NCDRC Order dated October 7, 2024 Court: National Consumer Disputes Redressal Commission (NCDRC) Date: October 7, 2024 Overview: M/S. Shree Shakti Foam,…
Ajesh Kumar v. National Insurance Co. Ltd. Citation: 2024 INSC 993 Court: Supreme Court of India Date: December 5, 2024 Overview: Ajesh Kumar filed a claim under his vehicle insurance…
Life Insurance Corporation of India v. Om Prakash Citation: 2024 INSC 870 Court: Supreme Court of India Date: November 13, 2024 Overview: This case involved a dispute over the repudiation…
Overview [caption id="attachment_27461" align="alignleft" width="300"] Critical Analysis of Life Insurers [/caption] The Indian life insurance industry demonstrated steady growth in premium income, reflecting resilience and adaptability amidst evolving market conditions. Total…