November 2023 - Insurance Times

Facts Of The Case:  Appellant and his wife Smt. Alka Bose took a mediclaim insurance policy from respondent on 14-12-1990. Thereafter appellant's wife fell ill and was admitted to hospital…

Facts Of The Case: Jamanadas died of jaundice on 4-11-1986 who had an insurance policy with appellants, one and half years after he died. This policy was taken on the…

FACTS OF THE CASE: Plaintiff is (beneficiary of the policy) and her husband late Moolchand insured himself with the defendant on 28-3-1972 for the sum of Rs. 25,000/- he also…

The Floods in Sikkim have caused widespread loss to property (homes and businesses) and infrastructure. The Sector Regulator IRDAI issued instructions to all General Insurers and Standalone Health Insurance Companies…

Indian Motor Tariff 2002 (“Motor Tariff”) under Clause 7 of Section 2 provides for a specific situation wherein a private car owned by an employer, and used to carry employees,…

The Authority issued guidelines on trade credit insurance in September 2021 to protect business against the risk of non-payment for goods and services by buyers. The Guidelines set out the…

Q. Can you please provide an overview of the current state of the insurance industry in Nepal and its growth potential? A: In the current scenario of the insurance industry,…