Insurance Books

IRDAI has taken a forward-looking step by extending the scope of the "file and use" procedure. This move is aimed at streamlining the regulatory process and facilitating quicker product approvals.…

Calcutta High Court: While dismissing a writ petition filled to challenge the refusal to admit insurance claim, Moushumi Bhattacharya*, J., held that death due to mosquito bite cannot be termed…

National Consumer Disputes Redressal Commission (NCDRC): Dinesh Singh (Presiding Member) while addressing the instant first appeal upheld the State Commission's Order in regard to a claim filed by the insured…

SBI General Insurance, has announced the launch of the General Surety Bond BIMA (Conditional & Unconditional) insurance product on Tuesday. The company said in its release that the Surety Bond…

LIC has announced a new plan for employers who have 50 or more employees. As a part of this scheme titled 'Group Post Retirement Medical Benefit Scheme', employers can help…

Frauds in Insurance Industry in India is not new. It has been a part and parcel of the Industry. According to a research, the Insurance Sector in India loses 30401…

26th March, 2023 In exercise of the powers conferred by clause (ic) and (jd) of sub section 2 of section 114A, section 40 and section 31B of the Insurance Act,…

Judgment passed by the Supreme Court in the case titled as Ramla vs. National Insurance Company Limited Civil Appeal No. 11495 of 2018, Special Leave to Appeal (C) No.22334 of…

Haris Marine Products Vs Export Credit Guarantee Corporation (ECGC) Limited (Supreme Court)  An interesting issue arose in this case when three judges bench of Supreme Court was called upon to…

ETAP, an African insurtech company, has launched ETAP Takaful, a new ethical car insurance product based on Islamic principles. Unlike conventional insurance, ETAP Takaful is designed to redistribute funds to…