Updates/Latest News

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

JDSUPRA: Corporate Officers May Be Exculpated from Personal Liability Under New Amendment to Delaware Law

Financial Interest Cover (FINC) : Ruling in India in M/s Adidas India Marketing (P.) Ltd. v. Income Tax Officer, ITA No. 1431/Del/2015 (July 29, 2019)

M_S_Adidas_India_Marketing_P_vs_Ito_New_Delhi_on_29_July_2019Download

Insurance Europe: Response to the consultation on EIOPA Supervisory Statement on exclusions in insurance products related to risks arising from systemic events

Response to the consultation on EIOPA Supervisory Statement onexclusions in insurance products related to risks arising fromsystemic events