December 2022

Narsingh Ispat Ltd.  vs. Oriental Insurance Company Ltd. and Others.  Civil Appeal No. 10671 of 2016 The insured had taken a Standard Fire and Special Perils Policy from the insurer.…

Our Resident Editor (MENA) Mr. S. G. Afzal Biya Bani interviewed Dr. Mohammad Al-Suliman (NAJM-CEO) in person at SIS, Four Seasons Hotel, Kingdom Tower, Riyadh, Saudi Arabia. Overview of NAJM …

“The rejunivated IRDAI under the chairmanship of Mr. Debasish Panda has committed to enable ‘Insurance for All’ by 2047, where every citizen has an appropriate life, health and property insurance…

While the industry is preparing for next phase of reforms in insurance industry we need to ponder if we are ready with the infrastructure to support version 2 of reforms…

United India Insurance Co. Ltd. Levis Strauss (India) Pvt. Ltd. Civil Appeal No. 2955 of 2022 Court in the course of its judgment, inter-alia, examined expressions under the Marine Insurance…

Shivram Chandra Jagarnath Cold Storage and Ors. New India Assurance Company Limited and Ors. I(2022)CPJ138(SC) In this case, the insurance claim of the Insured arose under a deterioration of stock…

The Insurance Regulatory and Development Authority of India (IRDAI) is in receipt of a communication from National Health Authority (NHA) on the captioned subject. It is informed that as part…

The Authority is in receipt of requests to review the Regulations from the stakeholders. Therefore, the current regulations have accordingly been reviewed. The exposure draft of the EoM Regulations 2022…

The Authority is in receipt of requests from the stakeholders to review the Regulations. Therefore, the current regulations on IRDAI (Reinsurance) 2018, have accordingly been reviewed. The exposure draft of…

The highest monetary compensation will not rebuild his life, observed the Bombay high court while enhancing compensation to over Rs 1 crore for a man who was left paraplegic after…