Mondaq Asia Pacific: Insurance
Clyde & Co
The claimant alleged that its broker had been negligent when placing business interruption ("BI") cover for it
Clyde & Co
A summary of recent developments in insurance, reinsurance and litigation law.
Clyde & Co
As part of the initiatives announced by the Federal Government in the 2014-15 Budget, it has been proposed that the Private Health Insurance Administration Council will cease to exist as a statutory body.
Clyde & Co
To celebrate the countdown to Christmas, the Corporate Insurance team will be publishing a prediction for 2015 each day.
Clyde & Co
To celebrate the countdown to Christmas, the Corporate Insurance team will be publishing a prediction for 2015 each day.
Clyde & Co
Earlier this year the State Council of the People's Republic of China promulgated its Several Opinions on Accelerating the Development of Modern Insurance Industry.
Clyde & Co
To celebrate the countdown to Christmas, the Corporate Insurance team will be publishing a prediction for 2015 each day.
Norton Rose Fulbright Australia
The CIRC formally issued interim measures on indirect supervision of non-insurance subsidiaries of insurance companies.
Clyde & Co
To celebrate the countdown to Christmas, the Corporate Insurance team will be publishing a prediction for 2015 each day.
Norton Rose Fulbright Australia
If passed, the Contracts (Rights of Third Parties) Bill will have a wide impact on the Hong Kong insurance industry.
Mayer Brown JSM
A marine insurance dispute that ascends to Hong Kong’s Court of Final Appeal is both a rarity and a matter of international legal interest.
Khaitan & Co
The amendments to the Insurance Act, 1938 (Insurance Act), including the increase of foreign investment ceiling in insurance companies from 26% to 49%, have come into effect from 26 December 2014.
Tuli & Co
Following our report last month of the Supreme Court decision in Genus Power, we now report a further welcome judgment on the sanctity of discharge vouchers/settlement agreements.
Tuli & Co
The long awaited increase in foreign holdings in an Indian insurance company from 26% to 49% is at long last law but, rather than becoming law through the usual legislative process, it has become law through an unusual and temporary device: an ordinance.
Clyde & Co
To celebrate the countdown to Christmas, the Corporate Insurance team will be publishing a prediction for 2015 each day.
Tuli & Co
The Supreme Court decision in NIA v. Genus is a welcome resistance point against the increasing trend for policyholders to negotiate a policy payment, execute a discharge voucher confirming the full and final settlement of the claim, and then allege coercion and duress in an attempt to sidestep the discharge voucher and secure a further policy payment by arbitration or litigation.
Tuli & Co
The National Consumer Disputes Redressal Commission has ruled that any delay in the notification of theft to the Police or the insurer in motor vehicle policies is fatal to the claim in its judgment of 4 December 2014.
Makarim & Taira S.
Regulation 2 provides certain mandatory Good Corporate Governance business practices that insurance companies must apply.
Makarim & Taira S.
The new bill regulates Sharia insurance as well as the businesses of general insurance, life insurance, and reinsurance.
Norton Rose Fulbright Australia
The New Insurance Law does introduce several fundamental changes that foreign investors need to consider carefully.
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Tuli & Co
The long awaited increase in foreign holdings in an Indian insurance company from 26% to 49% is at long last law but, rather than becoming law through the usual legislative process, it has become law through an unusual and temporary device: an ordinance.
PSA Legal Counsellors
India’s insurance market is growing enormously but is yet to reach the majority of population. Privatisation is a good mechanism to increase this reach.
CBP Lawyers
The court's dismissal of the appeal showed that plaintiffs must be able to prove causation when suing for negligence.
CBP Lawyers
Defendants should take heed of Rule 20.26 of Uniform Civil Procedure Rules (NSW) when accepting an offer of compromise.
Norton Rose Fulbright Australia
These recent cases provide some useful guidance on claims for damages made on a 'no-transaction' basis.
Norton Rose Fulbright Australia
The decision considers whether and to what extent a duty of care is owed by a hospital after the discharge of a patient.
Tuli & Co
The Supreme Court decision in NIA v. Genus is a welcome resistance point against the increasing trend for policyholders to negotiate a policy payment, execute a discharge voucher confirming the full and final settlement of the claim, and then allege coercion and duress in an attempt to sidestep the discharge voucher and secure a further policy payment by arbitration or litigation.
Tuli & Co
In his Budget Speech of 10th July 2014, the Finance Minister, Mr Arun Jaitley, made the following statement in relation to FDI in the insurance sector ..
Norton Rose Fulbright Australia
The Commission Report merely contains recommendations to be adopted at either a federal or a state government level.
Hunt & Hunt
Indemnities are usually one of the most difficult, dreaded, emotive and time-consuming topics in contract negotiations.
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