1. The landslides in Wayanad, Kerala (July, 2024) are reported to have caused widespread loss to human lives, property (homes and businesses) and infrastructure. 2. All Insurance Companies are advised…
1. Attention is drawn to amendments effected to Prevention of Money-Laundering (Maintenance of Records) Rules, 2005 (PML Rules) vide gazette notification no. GSR 419 (E) dated 19th July 2024. 2.Attention…
The "Insurance for All" Vision Meet, hosted by insurance councils over two days on August 23rd and 24th, 2024, in Mumbai, was a pivotal event aimed at laying the groundwork…
Title: National Insurance Co. Ltd. vs. Ravi Prakash Mishra & Anr. Summary The Delhi High Court ruled that an insurance company must fulfill its contractual obligations to compensate the owner…
Case title: Kubrabibi v. Oriental Insurance Summary The Supreme Court has upheld an award made by the Motor Accidents Claim Tribunal (MACT) in a vehicle accident case. The Supreme Court…
General Insurance company Zuno (Formerly known as Edelweiss) announced the launch of new add-on offering for their motor insurance products during a press event in Mumbai today. The new feature…
PhonePe, announced the launch of a ‘pre-approved term life insurance’ feature on its platform. The feature aims to make insurance coverage more accessible and affordable for millions of Indians by…
Syed Meraj Naqvi is a visionary leader known for his astute business sense and a proven history of propelling overall growth. With over a 15-year career in the insurance industry,…
The insurance industry is at a critical juncture as the impacts of climate change intensify. The increasing frequency and severity of extreme weather events pose significant challenges for insurers, not…
The concept of risk-based pricing in insurance has long been a fundamental principle guiding how premiums are calculated. Essentially, this pricing model ensures that the cost of an insurance policy…