Mondaq All Regions - India: Insurance
Tuli & Co
Motor insurance is one of the major segments of general insurance business in India and has, per the IRDAI's report of September 2017, contributed to almost 39% of the total general insurance gross direct premium collections in the year 2016-17.
Tuli & Co
The insurance sector has, in the recent years, been abuzz with the news of new players looking to acquire stakes in insurance companies and insurance intermediaries.
Tuli & Co
On 22 May 2018, the Central Government issued a notification by which the scale of compensation for third party fatal accidents and injury claims under the Second Schedule of the Motor Vehicles Act 1988 (MV Act) was amended.
Tuli & Co
Insurance brokers have been regulated for over 16 years in India, with the regulations governing insurance brokers being introduced in 2002 by the Insurance Regulatory and Development Authority of India.
Tuli & Co
In Oriental Insurance Company Limited v. Narbheram Power and Steel Pvt Ltd dated 2 May 2018 the Supreme Court has upheld the validity of a quantum-only arbitration clause and has affirmed...
S.S. Rana & Co. Advocates
Fundamental Rights are the basic set of rights that are vital for human existence. There are seven fundamental rights, which are enshrined in Indian constitution. They are:
Tuli & Co
The financial year 2017-18 has been an eventful year for the Indian insurance sector, with several landmark changes being introduced to the insurance regulatory framework.
S.S. Rana & Co. Advocates
In a recent case involving the Sahara India Life Insurance Company Limited (hereinafter referred to as "Sahara or Appellant") wherein an order adversely and fatally affecting the business of Sahara, ...
Singh & Associates
Comprehensive law on Resolution of Financial Firms and providing Deposit Insurance to the persons holding accounts in such institutions.
Tuli & Co
2017 was an interesting year for the Indian insurance industry which witnessed a rapid increase in number of Insurers, significant transactions in the existing players, new forms of online commerce, addition of new categories of insurance intermediaries, diversity in the products on offer and evolving business processes.
Tuli & Co
The outcry among depositors is a by-product of the Indian banking system, which is largely driven by deposits from common depositors.
Khaitan & Co
On 5 December 2017, the Insurance Regulatory and Development Authority of India (IRDAI) published a set of guidelines to regulate private equity investment in insurance companies - the IRDAI (Investment by Private Equity Funds in Indian Insurance Companies) Guidelines 2017 (Guidelines).
Tuli & Co
By way of an Order of 10th June 2016, the IRDAI set up a committee to evaluate the risk based capital approach and market consistent valuation of liabilities of Indian insurance business.
Tuli & Co
The Indian insurance sector has witnessed significant developments over the past couple of years. By way of the Insurance Laws (Amendment) Act 2015, establishment up of branch offices of foreign reinsurers was permitted.
Tuli & Co
A 5 Judge Bench of the Supreme Court in National Insurance Company Limited v Pranay Sethi, has laid down guidelines on the fixation of future prospects in cases of motor accidents for victims who are permanently employed, receiving a fixed salary, or self-employed.
Tuli & Co
The last few years have seen several Indian insurance companies introducing public offers with the objective of being listed on Indian stock exchanges. Recent press reports indicate that there may be several more in the pipeline in the next couple of years.
Tuli & Co
Indian insurance laws have traditionally restricted distribution of insurance products to insurance agents and insurance intermediaries who have obtained the requisite license/registration from the Insurance Regulatory and Development Authority of India (IRDAI).
Clyde & Co
Shockwaves have been felt in India, following the Tata-Cyrus Mistry fallout, which could result in potentially significant exposures for Indian Insurers and global Reinsurers.
Khaitan & Co
Insurance distribution involves marketing to clients by an insurer's in-house team and engaging intermediaries such as individual agents, corporate agents, and point of sales persons.
Khaitan & Co
In a landmark move, the Insurance Regulatory and Development Authority of India (IRDAI) appointed an administrator to manage the affairs of Sahara India Life Insurance Company Limited with immediate effect.
Most Popular Recent Articles
Tuli & Co
A 5 Judge Bench of the Supreme Court in National Insurance Company Limited v Pranay Sethi, has laid down guidelines on the fixation of future prospects in cases of motor accidents for victims who are permanently employed, receiving a fixed salary, or self-employed.
Tuli & Co
On 22 May 2018, the Central Government issued a notification by which the scale of compensation for third party fatal accidents and injury claims under the Second Schedule of the Motor Vehicles Act 1988 (MV Act) was amended.
Tuli & Co
The financial year 2017-18 has been an eventful year for the Indian insurance sector, with several landmark changes being introduced to the insurance regulatory framework.
Tuli & Co
Indian insurance laws have traditionally restricted distribution of insurance products to insurance agents and insurance intermediaries who have obtained the requisite license/registration from the Insurance Regulatory and Development Authority of India (IRDAI).
Tuli & Co
Health insurance business in India has, traditionally, been regulated by the framework governing general insurance business as issued by the Insurance Regulatory and Development Authority of India (IRDAI)...
Khaitan & Co
On 5 December 2017, the Insurance Regulatory and Development Authority of India (IRDAI) published a set of guidelines to regulate private equity investment in insurance companies - the IRDAI (Investment by Private Equity Funds in Indian Insurance Companies) Guidelines 2017 (Guidelines).
Tuli & Co
In Oriental Insurance Company Limited v. Narbheram Power and Steel Pvt Ltd dated 2 May 2018 the Supreme Court has upheld the validity of a quantum-only arbitration clause and has affirmed...
S.S. Rana & Co. Advocates
In a recent case involving the Sahara India Life Insurance Company Limited (hereinafter referred to as "Sahara or Appellant") wherein an order adversely and fatally affecting the business of Sahara, ...
Tuli & Co
The last few years have seen several Indian insurance companies introducing public offers with the objective of being listed on Indian stock exchanges. Recent press reports indicate that there may be several more in the pipeline in the next couple of years.
Clyde & Co
Lloyd's of London ("Lloyd's") has recently obtained final regulatory approval from the Insurance Regulatory and Development Authority of India ("IRDAI")...
Tuli & Co
2017 was an interesting year for the Indian insurance industry which witnessed a rapid increase in number of Insurers, significant transactions in the existing players, new forms of online commerce, addition of new categories of insurance intermediaries, diversity in the products on offer and evolving business processes.
Tuli & Co
Insurance brokers have been regulated for over 16 years in India, with the regulations governing insurance brokers being introduced in 2002 by the Insurance Regulatory and Development Authority of India.
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