Updates/Latest News

 Lloyd’s Market Association Bulletin- Cyber War & Cyber Operation Clauses Updated

Cyber War & Cyber Operation Clauses Updated

Bombay High Court: Judgement: Mallak Specialties Pvt. Ltd. VS The New India Assurance o. Ltd. Dispute Non-Arbitrable If Insurer Disputes Liability

The Bombay High Court has ruled that where the arbitration clause specifically provided for reference of dispute relating to quantum of compensation payable only under the insurance policy, the plea t...

India : Supreme Court Judgement : The Oriental Insurance Co. Ltd. Vs Sanjesh & Anr

The condition of lodging claim within a period of one month, extendable by another one month is contrary to Section 28 of the Act and thus void.  Oriental-Insurance-Sanjesh-and-AnotherDownload

India : Supreme Court Judgement: M/s THE NEW INDIA ASSURANCE CO. LTD. & ANR. VS  SHASHIKALA J. AYACHI

The delay in processing the claim and delay in repudiation could be one of the several factors for holding an insurer guilty of deficiency in service. But it cannot be the only factor. Judgement can be read her...

USA: RIMS Comment Letter on Potential Federal Insurance Response to Catastrophic Cyber Incidents

RIMS Comment Letter on Potential Federal Insurance Response to Catastrophic Cyber Incidents

India : Supreme Court Judgement:  Texco Marketing Pvt. Ltd. VS TATA AIG General Insurance Company Ltd. & Ors

“Non-compliance of Clauses (3) and (4) of the IRDA Regulation, 2002 preceded by unilateral inclusion, and thereafter followed by the execution of the contract, receiving benefits, and repudiation after knowing ...

India : Supreme Court Judgement Narsingh Ispat Ltd. VS Oriental Insurance Company Ltd. & Another

“When the policy itself defines the acts of terrorism in the Exclusion Clause, the terms of the policy being a concluded contract will govern the rights and liabilities of the parties. Therefore, the parties ca...

JDSupra: Personal Liability Protection: A Simple Guide for Directors and Officers

JD SUPRA: Indemnity and Insurance: How Directors and Officers Can Enhance Their Protections

Lloyds: State backed cyber-attack exclusions

State backed cyber-attack exclusions