The Indian insurance industry continues its transformation journey-driven by regulatory reforms, digital disruption, and a growing need to restore policyholder trust. Recent developments reflect a clear shift toward consumer-centricity, stricter…
From the Editors Desk Insurance fraud is a silent but severe threat to the integrity, sustainability, and growth of the insurance sector in India. The Insurance Regulatory and Development Authority…
Cessation of the practice of allowing additional line of business/department to surveyor and loss assessors based on categorization letter issued in 2001-02 October 10, 2025 1. The Authority had carried…
Case Title:Life Insurance Corporation vs Sanjeev Builders Private Limited | 2022 LiveLaw (SC) 729 Summary The Supreme Court's Order VI Rule 17 of the Code of Civil Procedure states that…
Case Title : Ranbir Singh versus SK Roy, Chairman Life Insurance Corporation and Another Summary The Supreme Court has rejected a four-decade-old dispute regarding the regularization of part-time employees at…
The Motor Accident Claims Tribunal (MACT) has awarded only 60% of the eligible compensation amount to the family of a cabbie who died in a collision last year. The tribunal…
Generali Central Life launches ULIP-Term hybrid plan to drive financial growth Generali Central Life has launched a new insurance product that blends the benefits of a Unit-Linked Insurance Plan (ULIP)…
Executive Summary Traditional indemnity-based insurance models have long faced challenges in addressing the growing frequency and severity of natural disasters. Delays in claims settlement, data gaps, and difficulties in loss…
Do’s (Things You Must Do) 1. Assess Your Coverage Needs Carefully Calculate the Human Life Value (HLV) — your income, liabilities, family expenses, future goals (education, loans, etc.). Ideally, the…
[caption id="attachment_29466" align="alignleft" width="96"] Hafiz Gouran[/caption] [caption id="attachment_29467" align="alignleft" width="112"] Noureen Khan[/caption] The Union Budget 2025–26 has introduced a notable increase in the basic income tax exemption limit and has…