The insurance industry is a vital component of any economy, providing stability, risk management, and financial security to individuals and businesses alike. In the dynamic South Asian region, there is…
16.07.2023 Floods (July 2023) in various States of North India are expected to cause widespread loss to property (homes and businesses) and infrastructure. General Insurers and Standalone Health Insurance Companies…
In an ever-evolving global landscape, the role of insurance has become indispensable for individuals and businesses alike. As the backbone of financial security, the insurance industry plays a pivotal role…
16.06.2023 Cyclone Biparjoy (June 2023) is expected to cause widespread loss to property (homes and businesses) and infrastructure in various States. General Insurers and Standalone Health Insurance Companies are advised…
Frauds in Insurance Industry in India is not new. It has been a part and parcel of the Industry. According to a research, the Insurance Sector in India loses 30401…
Haris Marine Products Vs Export Credit Guarantee Corporation (ECGC) Limited (Supreme Court) An interesting issue arose in this case when three judges bench of Supreme Court was called upon to…
ETAP, an African insurtech company, has launched ETAP Takaful, a new ethical car insurance product based on Islamic principles. Unlike conventional insurance, ETAP Takaful is designed to redistribute funds to…
IRDAI has introduced direct plans in insurance from April 1, 2023. The insurance regulator has asked insurance companies - life, non-life and standalone health insurers to devise a board approved…
ACKO General Insurance launched "Extended Battery Warranty" plan, targeting electric vehicle (EV) owners. The policy is designed to boost EV affordability by enabling banks to lengthen loan terms and reduce…
Manmohan Nanda vs. United India Assurance Co. Ltd. and Ors. I(2022)CPJ20(SC) Policy type- Overseas Mediclaim Policy-B The Supreme Court while allowing an insurance claim of the insured under a mediclaim…