May 2019

BIMTECH  along with Federation  of Afro –Asian Insurers & Reinsurers (FAIR) organized a seminar on the theme “Capitalizing on the Emerging Trends in Insurance In Afro- Asian Region : In…

How is the reinsurance market scenario in Nepal? In the current year, we are more concentrated on Domestic business and specially the Mandatory Cession rather than treaty. It makes us…

Women comprise roughly 48% of the total population in India. Their contribution to the economic activity of the country is significant and is increasing every year. In this context, a…

Sukshma Hospi-Cash Group provides a cash benefit in case an insured gets hospitalized. It is specifically designed to take care of the incidental expenses in case of hospitalization. This product…

LIC's Micro Bachat is a regular premium, non-linked, participating micro-insurance plan which offers a combination of protection and savings. This plan provides financial support for the family in case of…

Ganesh Anand Bhat, the proprietor of Shree Ganesh Agencies, owned two adjacent shops at Mulund. He had taken a shopkeeper's insurance policy from New India Assurance which covered only one…

In another judgment involving the appointment of an arbitrator, the Supreme Court emphasized that a mere plea of fraud, coercion or undue influence by one party is not enough to…

The claim of an infrastructure company that sought compensation from its insurer alleging damage to roads because of excessive rainfall was rejected as meteorological data showed that there was little…

1. Clear and transparent communications play a vital role in servicing of insurance policies and in ensuring that the benefits of insurance policies flow to the beneficiaries in a timely…

The Insurance Regulatory and Development Authority of India (IRDAI) is entrusted with the regulation, promotion   and orderly growth of insurance business in India. Maintaining an efficient, fair and stable insurance…