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Tag: insurance industry

insured? not if you break the law
Insured? Not if you break the law!

By: Insurancepe July 3, 2025

In a landmark decision, the Supreme Court of India recently ruled that insurance companies are not liable to pay compensation for the death of a driver if the accident was
coral reefs
Insuring Coral Reefs

By: Insurancepe June 26, 2025

In a landmark move, Indonesia has become a pioneer in protecting coral reefs using insurance. In November 2024, Indonesia’s Ministry of Marine Affairs and Fisheries issued a regulation establishing the
air india crash
The Air India disaster

By: Insurancepe June 17, 2025

The crash of an Air India Boeing 787 Dreamliner on June 12, 2025 in Ahmedabad has shocked the world and the global aviation and insurance sectors. With over 240 lives
kerala ship
Kerala’s Shipping Disaster

By: Insurancepe June 5, 2025

On May 25, 2024, the cargo vessel MSC ELSA 3 capsized 14.6 nautical miles off the coast of Kerala. The Liberian-flagged ship, en-route from Vizhinjam to Kochi, carrying 643 containers
An Indigo flight flying from Delhi to Srinagar on 20/05/2025 was badly damaged by a hailstorm. The hailstorm was so powerful that there was a hole on the flight nose.
Health insurance for Supreme Court lawyers

By: Insurancepe May 23, 2025

In a new initiative, top Indian industrialists have come together to fund a ₹50 crore group health insurance plan for members of the Supreme Court Bar Association (SCBA) which was
war
Does your insurance cover War?

By: Insurancepe May 16, 2025

In light of the recent tensions along the India-Pakistan border, a question that has come up time and again is: Does insurance cover war-related damages? Let’s break it down by
bima trinity
Insurance in India is about to become simpler, more accessible, and affordable. The Insurance Regulatory and Development Authority of India (IRDAI) has introduced an innovative three-part strategy called “Bima Trinity”
AI insurance
AI insurance – for when AI fails?

By: Insurancepe May 2, 2025

As artificial intelligence (AI) increasingly becomes a part of our daily lives with chatbots assisting with customer service to algorithms guiding financial decisions, the potential for unexpected failures and liabilities
GST
GST changes on insurance – is it a big deal?

By: Insurancepe April 18, 2025

The Goods and Services Tax (GST) Council is expected to meet soon (June or early July) with a proposal that could significantly impact both policyholders and insurers. A potential reduction