Case Study : Marine Cargo Insurance
Marine Cargo Loss – Hindustan Unilever Limited (HUL) vs New India Assurance (Bombay High Court, 2009) Background Hindustan Unilever Limited (HUL), a leading FMCG company, suffered a significant loss to…
Reinsuring against a Raging Global Tariff War
Even as the global reinsurance sector was reeling from the impact of the higher tari s announced by the US on imports from 57 countries in early April, the flare-up…
Insurance Case laws
For a deficiency in service, the Panipat District Commission holds HDFC Bank and Universal Sompo Insurance Co. liable for failure to disburse the amount required by the PM Fasal Bima…
Expert opinion essential for replacing defective vehicle
Ravindra Annappa Bindre paid Rs. 1,54,762 on October 19, 2015, for a Royal Enfield Thunderbird 350cc motorcycle manufactured by Eicher Motors. Upon delivery, he noticed a sealant tape on the…
Insurance firm cites Google Maps location history to reject mediclaim
Even after submitting all necessary hospitalization documents, honestly disclosing pre-existing conditions, and meticulously adhering to every policy guideline, insurance companies can still unearth startling-and often unimaginable-reasons to deny your medical…
SC: In motor accidents, claims not restricted to third party
Motor vehicle insurance protects a policyholder against claims made by a third party for damages due to the policyholder's actions, but what about the claim against injury/death of the policyholder…
Person tailgating liable for accident if it occurs, says SC
Apply emergency brakes or trail a moving vehicle too closely at your own risk as Supreme Court has said that using brakes all of a sudden in the middle of…
IRDAI Corner
Quantitative Impact Study-2 August 14, 2025 1. Development and implementation of Risk Based Capital (RBC) Framework for Indian Insurance Industry is one of the key initiative undertaken by IRDAI among…
Are we Managing Flood Disaster effectively?
In recent months, India has witnessed devastating losses due to excessive rains-triggering floods, landslides, and infrastructure collapses. The damage has been especially severe in mountainous regions like Himachal Pradesh, Uttarakhand,…
Editorial – The Insurance Times (September 2025 Issue)
The Indian insurance industry continues to evolve with a blend of judicial introspection, regulatory intent, and product innovation. This issue covers an article on The Inference of Waiver in Insurance…