Rajasthan Royals vs insurer over Sreesanth injury heads to Supreme Court

Madras High Court Rules That Deceased’s Family Can’t Claim Compensation From Insurance Company If Deceased Was Solely Responsible For Accident Due To Negligent Driving

The Madras High Court has ruled that an insurance company is entitled to retrieve the compensation amount deposited in a motor accident case where the deceased was solely responsible for the accident due to negligent driving. The case involved a Toyota Qualis Car that...
Rajasthan Royals vs insurer over Sreesanth injury heads to Supreme Court

The Indian government is reconsidering a plan to merge public sector general insurance companies as part of a broader push to restructure the insurance sector. The plan, which had been previously discussed, is back on the table and includes options for capital infusion and privatization.

The Indian Finance Ministry is reconsidering the merger of three state-owned general insurance companies: Oriental Insurance, National Insurance, and United India Insurance. This proposal was initially announced in the 2018-19 Budget to improve efficiency and scale by...
Rajasthan Royals vs insurer over Sreesanth injury heads to Supreme Court

Non-life insurers record 2% premium growth in September, Bajaj Allianz General Insurance leads the way

The non-life insurance sector in India has reported a modest 1.94% year-on-year growth in gross direct premium to Rs 23,430 crore in September. This growth was driven primarily by an increase in standalone health insurance premiums. The largest general insurer, New...