September 2022 - Insurance Times

I wrote an article titled PPN SYSTEM – FAILURE OR SUCCESS, which was published herein this publication in March, 2017. In the said article, I had analysed the reasons in…

Please do not confuse the word Preamble in insurance to the Preamble of our Constitution. Both are different. The insurance companies use the word preamble in their Policy Wording. These…

India has a largely indigenous nuclear power programme. The Indian government is committed to growing its nuclear power capacity as part of its massive infrastructure development programme. The government has…

FA No 1345/2015 in MACT Case 634/2002 at Pune On an eventful day, 35 years ago, a meritorious and bright student, Mr. Aniruddha Dashrath Anand, having dreams of making it…

PUBLIC OFFERINGS OF SECURITIES INSURANCE (POSI) Indian Stock Exchanges (BSE, NSE, SMEs) ranked 12th in the world in terms of the number of IPOs in YTD 2021. An Initial Public Offer (IPO) is…

Background The growth of chemical industries has led to an increase in the risk of occurrence of incidents associated with hazardous chemicals (HAZCHEM). A chemical industry that incorporates the best…

Mr. Rajeev Kumar, the complainant has stated that two claims for treatment of his wife had not been settled by the insurance company till date. Aggrieved, he had requested the…

The complainant had taken Oriental bank Mediclaim Policy for the period from 06/09/2016 to 05/09/2017 with a sum insured of Rs 200000/ for himself and his family. The spouse of…

IRDAI had issued Master Guidelines on AML/CFT for General insurers and Life insurers in 2013 and 2015 respectively. Subsequently, multiple circulars had been issued on the subject. In order to…

Mr. S L Narula, the complainant has stated in his complaint that a mediclaim for treatment of his son had not been settled by the insurance company till date. The…