Mondaq India: Insurance
Trilegal
The Indian Insurance sectors is one of the most dynamic financial services sectors with a sizeable presence and an attractive growth trajectory. We discuss key factors driving M&A activity in this sector along with some issues faced in concluding M&A deals.
Tuli & Co
The provisions of the Insurance Act 1938 (Insurance Act) provide guidance on certain conflict of interest situations.
M Mulla Associates
The Appellant has a showroom to its name in which watches are sold. In 2001, post operational hours, a theft occurred in the premises.
Cyril Amarchand Mangaldas
In the first part of this two part series we discussed about the regulatory frameworks governing insurance companies and insurance intermediaries.
Cyril Amarchand Mangaldas
A shift towards digitisation has been the central theme for the insurance industry in recent years.
King, Stubb & Kasiva
Uberrimae Fidei refers to a Latin phrase meaning "utmost good faith" and is the cornerstone of insurance contracts.
Khurana and Khurana
I was impressed by this question as I felt strong arguments can be raised from both side, and hence read about the issue in Depth.
Tuli & Co
In the case of Reliance Life Insurance Ltd & Anr v Rekhaben Nareshbhai Rathod[ ] (decided on 24 April 2019), the Supreme Court of India has extensively dealt with the Insured's disclosure obligation.
King, Stubb & Kasiva
The division bench of the Supreme Court of India comprising of Hon'ble Justice Dr. D.Y. Chandrachud and Hon'ble Justice Hemant Gupta, in its judgement dated March 26, 2019 in Branch Manager, National Insurance Co. Ltd. vs. ...
King, Stubb & Kasiva
The Aurangabad Bench of Hon'ble High Court of Bombay in its judgement dated 15th April, 2019 in the matter of ‘SBI Insurance Company Versus Madhubala & Anr. ' has held that in case the cheque towards premium gets dishonoured;
Tuli & Co
All other applicable terms and conditions shall be incorporated in this part.
Tuli & Co
The Regulatory Sandbox Report recommends the creation of a core Sandbox Committee.
Tuli & Co
It is common practice that insurers ask insureds to sign a Discharge Voucher (DV) at the time of settling a claim under the Policy.
Trilegal
While warranty insurance is more common in some other markets like the US and Europe, it has recently gained pace in India. We discuss how warranty insurance works, its advantages as compared to traditional seller indemnities and its future in the Indian market.
Cyril Amarchand Mangaldas
The Insurance Regulatory and Development Authority of India (IRDAI) notified the IRDAI (Insurance Brokers) Regulations, 2018 (Brokers Regulations)
Tuli & Co
By way of an update, the IRDAI has notified the IRDAI (Insurance Brokers) (First Amendment) Regulations 2018 (First Amendment).
Nishith Desai Associates
Financial investors, including private equity investors are currently embracing a second wave of exits from investments in India.
Dr Vedula Gopinath Corporate Consultant
The doctrine Uberrimae Fidei is originated from English law to the formation of insurance contract. Principle of Uberrimae fidei (a Latin phrase), or in simple English words, the Principle of Utmost Good Faith, ...
Tuli & Co
On 12th December 2018 the IRDAI (Re-insurance) Regulations 2018 (the "2018 Regulations") were notified.
Tuli & Co
The Insured then sent an arbitration notice.
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Shardul Amarchand Mangaldas & Co
The Regulations were keenly awaited by the Indian insurance sector and aim to keep at pace with the changing market dynamics.
Cyril Amarchand Mangaldas
In the first part of this two part series we discussed about the regulatory frameworks governing insurance companies and insurance intermediaries.
Tuli & Co
The provisions of the Insurance Act 1938 (Insurance Act) provide guidance on certain conflict of interest situations.
Cyril Amarchand Mangaldas
A shift towards digitisation has been the central theme for the insurance industry in recent years.
M Mulla Associates
The Appellant has a showroom to its name in which watches are sold. In 2001, post operational hours, a theft occurred in the premises.
King, Stubb & Kasiva
Uberrimae Fidei refers to a Latin phrase meaning "utmost good faith" and is the cornerstone of insurance contracts.
Khaitan & Co
IRDAI has issued a circular ref. IRDAI/NL/CIR//MOTP/170/10/2018 dated 9 October 2018 (Revised Circular) providing certain clarifications regarding the implementation of Compulsory Personal Accident insurance for owner drivers.
Khaitan & Co
A full bench of the Hon'ble Supreme Court of India (the Court) in the case of United India Insurance Co. Limited v Hyundai Engineering and Construction Co Ltd & Ors has clarified that the observation of the Court ...
Tuli & Co
On 12th December 2018 the IRDAI (Re-insurance) Regulations 2018 (the "2018 Regulations") were notified.
Khurana and Khurana
I was impressed by this question as I felt strong arguments can be raised from both side, and hence read about the issue in Depth.
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