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Kochhar & Co.
An analysis of why there are no takers for title insurance and what needs to be done.
HSA Advocates
Some of the key announcements Finance Minister Nirmala Sitharaman made in the Union Budget on July 5, 2019 on insurance.
DSK Legal
By an order dated December 13, 2019, the CCI approved the acquisition of around 9.99% of the equity share capital of SBI General Insurance Company Limited ...
AZB & Partners
The Department of Financial Services, Ministry of Finance, Government of India by way of a notification dated September 2, 2019 has amended the Indian Insurance Companies (Foreign Investment) ...
Tuli & Co
With a continually increasing market size and growth of almost 20% every year, health insurance products have seen an improved uptake in recent times.
Tuli & Co
The Amendment Regulations also omit the requirement of Indian Owned and Controlled which was stipulated under the IRDAI Regulations 2018 and the IRDAI Regulations 2017.
Khaitan & Co
On 1 November 2019, the Insurance Regulatory and Development Authority of India (IRDAI) notified the IRDAI (Insurance Intermediaries) (Amendment) Regulations 2019 (Intermediaries Regulations).
Tuli & Co
Partial withdrawal may now be opted under unit linked pension policies
S.S. Rana & Co. Advocates
Insurance is a contract of indemnity based on the principle of utmost good faith which aims at mitigating the loss caused by an uncertain event such as life, health, fire, marine, etc.
AZB & Partners
On August 20, 2019, CCI approved the acquisition of 51.20% of the total equity shareholding of Apollo Munich Health Insurance Company Limited (‘Apollo Munich') by Housing Development Finance Corporation
Tuli & Co
Relaxation of foreign investment limits in the insurance sector has been a subject of much debate over a period of time.
Tuli & Co
The IRDAI RS Guidelines provide guidance on the operational issues pertaining to the regulatory sandbox.
King, Stubb & Kasiva
In Alka Shukla V Life Insurance Corporation of India, the Hon'ble Supreme Court comprising of Justice D.Y. Chandrachud and Justice Hemant Gupta found that there was no evidence to show that any injury suffered ...
Cyril Amarchand Mangaldas
So far this year, Indian financial sector regulators have taken steps towards adapting financial sector regulations to encourage the use of new technology.
NovoJuris Legal
M&As and Investment transactions have been growing rapidly in India and there is no doubt that in such transactions allocating the risk of a breach is extremely important.
Khaitan & Co
The Union Budget 2020, announced on Friday, 5 July 2019, has proposed some significant changes for the insurance sector in India.
Cyril Amarchand Mangaldas
Around noon on Friday, July 4th, 2019, the Hon'ble Minister of Finance, in her budget speech to the nation, proposed revisions to the existing foreign investment caps applicable to insurance brokers and other insurance...
Tuli & Co
In the case of Sorout Mushroom Farm v NIC & Ors [ ] (decided on 16 April 2019), the National Consumer Disputes Redressal Commission provided some useful guidance in relation to the claim assessment by an IRDA licensed Surveyor.
Nishith Desai Associates
Arrangements with insurance corporate agents: The IRDAI is empowered to license intermediaries, such as insurance corporate agents for 3 years at a time
Phoenix Legal
The District Commission dismissed the complaint filed by the Respondent on the ground of the aforesaid non-disclosure.
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