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On 19 August 2025, the Ministry of Labour and Employment issued Notification S.O. 3792(E) in the Gazette of India (Extraordinary) authorising the Employees' State Insurance Corporation (ESIC)...

The rapid expansion of platform workforce is ushering in a new global economic revolution, with India positioned at the forefront of this transformation.

The Gratuity Act enforces the payment of "gratuity", a reward for long service, as a statutory retiral benefit.

This corporation shall be tasked with anticipating the risk of failure of financial firms in advance and taking corrective action and resolving them in case of failure.

While the FSP Rules are an ad hoc solution, their notification is welcome as it represents a step in the right direction.

Stakeholders in Indian insurance companies have for several years now been seeking that the FDI limit for Indian insurance companies be increased to 74% in parity with the FDI limit applicable to Banking – Private Sector.

The financial year 2017-18 has been an eventful year for the Indian insurance sector, with several landmark changes being introduced to the insurance regulatory framework.

What happens when the fine print in your insurance policy becomes the biggest storm you face?

The Foreign Investment Rules will now have to be placed before each House of Parliament for thirty days.

On October 13, 2022, the Insurance Regulatory and Development Authority of India (the "IRDAI") published an exposure draft of the IRDA (Registration of Indian Insurance Companies)...

In its continuing objective to promote insurance penetration in the country and to enhance ease of doing business, the IRDAI has issued an exposure draft on the IRDAI (Re-insurance) (Amendment)...

In a landmark move, the Insurance Regulatory and Development Authority of India (IRDAI) appointed an administrator to manage the affairs of Sahara India Life Insurance Company Limited with immediate effect.

IRDAI, vide circular dated September 6, 2024,[1] has amended the Master Circular on Registration, Capital Structure, Transfer of Shares and Amalgamation of Insurers, 2024 dated May 15, 2024 ("Master Circular").

On January 10, 2024, the Government of Karnataka notified the Karnataka Compulsory Gratuity Insurance Rules, 2024 ("Insurance Rules") under Section 4A of the Payment of Gratuity Act, 1972...

A 5 Judge Bench of the Supreme Court in National Insurance Company Limited v Pranay Sethi, has laid down guidelines on the fixation of future prospects in cases of motor accidents for victims who are permanently employed, receiving a fixed salary, or self-employed.

This judgment from the Supreme Court of India in the case of Brij Bihari Gupta as the Appellant and Manmet & Ors. as the Respondent pertains to several civil appeals...

Uberrimae Fidei refers to a Latin phrase meaning "utmost good faith" and is the cornerstone of insurance contracts.