Business
THE INSURANCE TIMES
Unravelling the Implications of Estoppel and Waiver in Claims Settlement
The insured later opted for a robotic surgery. However, robotic surgery was not covered under the policy, and the insurer later denied the claim based on this policy exclusion. The insured or policyholder can invoke estoppel to prevent the denial of the claim based on the assurance given by the agent.
10+ min |
August 2025
THE INSURANCE TIMES
International News
Following the news that, on July 24, 2025, Angara Airlines Flight 2311, an Antonov An-24RV turboprop, crashed near Tynda in Amur Oblast in eastern Russia, resulting in the tragic loss of all 48 people on board—including 42 passengers and 6 crew.
4 min |
August 2025
THE INSURANCE TIMES
India's CamCom Technologies Announces Strategic Partnership with ERGO Group AG in landmark Global AI Deployment for Insurance Sector
In a major milestone for India's deep-tech ecosystem, CamCom Technologies, an award-winning, industry-agnostic computer vision company headquartered in Bengaluru, has entered into a strategic partnership with ERGO Group AG, one of Europe's leading insurance groups. Under this collaboration, CamCom will serve as the primary technology partner for ERGO's Al-powered visual inspection solution, which is now being rolled out across multiple European markets.
2 min |
August 2025
THE INSURANCE TIMES
Health Insurance News
Star Health Q1 FY26 Profit Slips 18 % as Underwriting Income Halves
4 min |
August 2025
THE INSURANCE TIMES
Climate Risk and Cambodia's Vegetable Farmers: Revealing Hidden Risks and Rethinking Resilience
Cambodia's agricultural backbone is increasingly threatened by climate shocks, particularly droughts and floods. According to the Cambodian Development Resource Institute, 62% of losses are flood-related and 36% drought-related. These disruptions are worsened by limited water infrastructure-only 20.6% of agricultural holdings have access to irrigation, despite 67% of land being cultivated.
6 min |
August 2025
THE INSURANCE TIMES
How AI is Reshaping the Insurance Landscape in India
Insurance fraud poses a perennial challenge in India's large and diverse market, costing billions annually. Indian insurers are deploying Al-based fraud detection systems that flag anomalies using behavioral patterns to reduce fraudulent payouts. Al combats this issue by analyzing vast datasets using machine learning algorithms to detect anomalies indicative of fraudulent activity.
3 min |
August 2025
THE INSURANCE TIMES
Health Insurance
Does India Need a Dedicated Health Insurance Regulator? An Analytical Perspective
6 min |
August 2025
THE INSURANCE TIMES
Insurance Regulator Update
Govt May Expedite Stake Sale in Insurance PSUs to Meet SEBI Norms
6 min |
August 2025
THE INSURANCE TIMES
Provsions on Disclosures and Warranties - Are Legislative Changes Warranted?
From a perusal of Sections 35, 37, 41(5) and 55 of the Marine Insurance Act, 1963 relating to warranties, the Court noted that a warranty is a condition which has to be exactly complied with, whether it is material to the risk or not. Hence, if an insured breaches a warranty, the insurer is discharged from its liability w.e.f. from the date of breach of warranty.
10+ min |
August 2025
THE INSURANCE TIMES
Hon. Governor presides over the Foundation Day of the Insurance Brokers Association of India (IBAI)
Hon. Governor of Maharashtra Shri C P Radhakrishnan, addressed the Foundation Day of the Insurance Brokers Association of India (IBAI), marking its Silver Jubilee.
1 min |
August 2025
THE INSURANCE TIMES
Insurance Caselaws
Motor Accident Claim: The Victim's Nature of Work Must Be Considered When Evaluating Physical Disability: Supreme Court
6 min |
July 2025
THE INSURANCE TIMES
Swiss Re SONAR 2025 Report
The Swiss Re SONAR 2025 report offers deep insight into emerging and evolving risks that could impact the global insurance landscape in the coming years.
4 min |
July 2025
THE INSURANCE TIMES
The Dilemma of Settling a Claim For want of the Proper Understanding of Policy Conditions
The problem in India is that the conditions and warranties are treated alike. Everything is treated as a breach of condition. A breach of warranty has the same effect as a condition. As a result, remedies for a breach of contract do not benefit Indian customers. There is no scope for collateral or mere conditions.
8 min |
July 2025
THE INSURANCE TIMES
International News
Nepal Insurers Urged to Strengthen Anti-Money Laundering Policies
2 min |
July 2025
THE INSURANCE TIMES
Legal Briefs
Flier compensated for lost baggage: What does this 'landmark' verdict mean?
2 min |
July 2025
THE INSURANCE TIMES
Insurance Regulator Update
Govt May Relax Board Norms for Foreign Insurers Alongside 100% FDI Push
4 min |
July 2025
THE INSURANCE TIMES
Health Insurance News
Insurers Roll Out State-Specific Health Plans to Reflect Regional Healthcare Costs
3 min |
July 2025
THE INSURANCE TIMES
Making Insurers Humane
The final objective of our six-year thought process which resulted in an invention and a patent is about how to make insurers humane. After having taken this first step, we intuitively knew, what the last step has to be.
5 min |
July 2025
THE INSURANCE TIMES
General Insurance News
Tea to Be Covered Under Centre's Weather-Based Insurance for the First Time
9 min |
July 2025
THE INSURANCE TIMES
From Agent Onboarding to Selling Smarter: How Insurers Can Arm Field Sales Teams with AI Muscle
Voice analysis tools like Convin use AI to detect tone, sentiment, and key phrases in real-time. If an agent is speaking too fast, missing key talking points, or facing resistance, the system can provide instant nudges: \"slow down,\" \"ask about family coverage,\" or \"mention the cashless hospitalization benefit.\"
6 min |
July 2025
THE INSURANCE TIMES
Pay-As-You-Go Life Insurance: A Disruptive Model for the Digital Age
In an era where personalization, flexibility, and digital convenience are paramount, traditional life insurance models are being challenged.
3 min |
July 2025
THE INSURANCE TIMES
New Product Launches
Galaxy Health Insurance launches new product with wellness-linked benefits
4 min |
July 2025
THE INSURANCE TIMES
PACS - An emerging Insurance Distribution Channel
The Government of India has taken several initiatives in approving the Plan for strengthening Primary Agricultural Cooperative Societies (PACS) and deepening its reach up to the grassroots. It aims at bringing greater transparency and accountability into their operations and enabling them to diversify their business and undertake more activities.
10+ min |
July 2025
THE INSURANCE TIMES
How ESG is Reshaping Life and General Insurance Portfolios
As climate risks grow and societal expectations shift, Environmental, Social, and Governance (ESG) principles are redefining the way insurance companies operate and invest-globally and in India.
3 min |
July 2025
THE INSURANCE TIMES
Data Breaches - Theft of Sensitive Customer Data
This case study examines a data breach incident faced by a global e-commerce company, where sensitive customer data, including financial information, was compromised due to a cybersecurity vulnerability.
4 min |
July 2025
THE INSURANCE TIMES
Market Report 2025
IAIS mid-year Global Insurance Market Report 2025 reflects insurance sector resilience
3 min |
July 2025
THE INSURANCE TIMES
Important terms in Artificial Intelligence
1. Artificial Intelligence (AI)
1 min |
July 2025
THE INSURANCE TIMES
"Brokers are uniquely placed to serve as the bridge between insurers and underserved markets. Through grassroots initiatives and digital outreach, we can educate MSMEs, SHGs, and rural entrepreneurs about risk protection."
Narendra Kumar Bharindwal President Insurance Brokers Association of India
3 min |
July 2025
THE INSURANCE TIMES
Life Insurance News
Central Bank of India Acquires Stake in Future Generali Insurance Firms
4 min |
July 2025
THE INSURANCE TIMES
General Insurance News
SBI General Insurance Net Profit Doubles to Rs. 509 Crore in FY25
9 min |