Updates/Latest News

[July 2024]  STANDING COMMITTEE ON FINANCE(2023-2024) SEVENTEENTH LOK SABHAMINISTRY OF FINANCE(DEPARTMENT OF FINANCIAL SERVICES) PERFORMANCE REVIEW AND REGULATION OF INSURANCE SECTOR SIXTY SIXTH REPORT

[July 2024]  India: Supreme Court Judgement: SBI General Insurance Co. Ltd. Versus Krish Spinning( Civil Appeal No 7821 OF 2024 (Arising out of OF SLP (C) NO. 3792 OF 2024) (18th July, 2024) – Arbitration Issue

[July 2024]  USA: D&O Coverage denied for $118 Million DOJ Settlement Because of Professional Services Exclusion – Opinion of COURT OF APPEAL OF THE STATE OF CALIFORNIA, FIRST APPELLATE DISTRICT, DIVISION TWO

[June 2024]  India: Supreme Court Judgement: M/S Modern Insulators Ltd vs The Oriental Insurance Co. Ltd (Civil Appeal No.-006895-006895 – 1997) (22 February, 2000) – When insurer does not disclose any exclusion to the insured, it cannot enforce the same in the event of a claim.

[June 2024]  India: Supreme Court judgement: United India Insurance Co. Ltd. Versus M/s Hyundai Engineering & Construction Co. Ltd. & Ors. – Civil Appeal No. 1496 OF 2023(May 16,2024)

[May 2024]  RIMS: Fighting Cyber Insurance Denials Over the “Human Factor”RIMS:

[May 2024]  India: Supreme Court Judgement: COMMISSIONER OF CENTRAL EXCISE BELAPUR APPELLANT(S) VERSUS JINDAL DRUGS LTD. RESPONDENT(S) (CIVIL APPEAL NOS. 788-790 OF 2022 – APRIL 30, 2024) – Does the process labeling/ relabeling amount to manufacturing?

[May 2024]  THOMSON REUTERS: Legal terms glossary

[May 2024]  MOODY’S: The 10 major risks shaping insurance today

[January 2024]  World Economic Forum : The Global Risks Report 2024