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M J Antony: Mass disasters unlimited11-NOV-09
The ‘strict liability’ insurance law suffered virtual death long before the recent IOC fire in Jaipur.
Pumping oil in petrol pump is manufacture12-OCT-09
Pumping oil in a petrol pump is manufacturing process, so ruled the Supreme Court in a very recent judgement.
Govt to come out with IPO rules for insurers in next 3-4 mths01-SEP-09
The government would soon come out with rules for insurance companies who want to go for public issue 10 years before their operation as stipulated in the Insurance Act.
Irda prohibits insurers from investing in IDRs02-JUL-09
The Insurance Regulatory and Development Authority (Irda) has barred insurance companies from investing in Indian depository receipts (IDRs), saying investments outside the country are forbidden by the Insurance Act.
M J Antony: Creditors' queue14-JAN-09
Government dues take a back seat when it comes to debt recovery.
Health insurance council soon: Irda chief10-DEC-08
Insurance Regulatory Development Authority (Irda) is in talks with the government and other stakeholders to set up a self regulatory organisation for health insurance companies, said Irda Chairman J
Govt to raise LIC's paid-up capital to Rs 100 cr01-NOV-08
The Union Cabinet on Friday approved a proposal to table a Bill in Parliament to increase the paid-up capital of state-run Life Insurance Corporation (LIC) from Rs 5 crore to Rs 100 crore to bring its
Cabinet okays Bill to raise FDI in insurance01-NOV-08
After a four-year delay, the Union Cabinet today approved a Bill for comprehensive amendment of insurance laws, including a proposal to raise the foreign investment ceiling from 26 per cent to 49 per
Health insurance may get new law01-OCT-08
The government is examining various amendments to the insurance law, including a special statute for health insurance, aimed at improving the functioning of domestic companies and increasing their
Irda bats for more regulatory flexibility02-SEP-08
Asks govt to transfer some issues under insurance laws to the rules.
EGoM submits suggestions on insurance reforms02-SEP-08
The Empowered Group of Ministers (EGoM) headed by External Affairs Minister Pranab Mukherjee today finalised its recommendations on insurance sector reforms, including a move to raise the foreign
M J Antony: Strict liability expanded18-JUN-08
 Storing and dealing in noxious materials could invite heavy damages.  In this industrial age, many companies are manufacturing and transporting hazardous substances to populated areas.
LIC, Irda sued for overcharging fees20-NOV-07
Life Insurance Corporation of India (LIC) is in another legal soup, this time on overcharging of fees for assignment of insurance policies.
Arbitrariness in FDI23-AUG-07
The decision by the Foreign Investment Promotion Board to recommend the approval of 24 per cent foreign holding in an ICICI Bank subsidiary for its insurance and asset management businesses seems to
GoM against listing of PSU non-life insurers24-MAY-07
The group of ministers, deliberating on the draft amendments to insurance acts, are not in favour of allowing the four public sector non-life insurance firms to list on the bourses.
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